Mobile ad retargeting startup TapCommerce's USD 10 million funding was raised via an investing round led by Bain Capital Ventures and RRE Ventures, with a strategic investment from Nielsen Ventures and participation from existing backers.
Venture Capital
Basic-Fit raises EUR 110 million in venture round funding from 3i Group
Basic-Fit, a Netherlands-based discount fitness operator receives a venture round funding worth about EUR 110 million from the 3i Group PLC. Now with an enterprise value of EUR 275 million, this round would help Basic-Fit further into their domestic and international rollout plans.
Lightspeed: Here is why we invested in BTCChina
We've been bullish about the opportunities in Bitcoin for a while and are excited to be able to announce that, together with our partners in China at Lightspeed China Partners, we are investors in BTC China.
Sift successfully raises USD 2 million for its personalized shopping app, now on the iPhone
Sift successfully raises USD 2 million in seed funding for its personalized shopping app and at the same time, releases its iPhone app. Funding is led by DN Capital and from its previous investors.
Paulson will not increase his gold bet - source
Gold might not have been a great investment, which was evident in a Reuters report about John Paulson not making any additional investments on buillion as his PFR Gold Fund lost 63% this year so far.
Latest News
US-based crowd-shipping mobile app Friendshippr closed USD670,000 in funding from angel investors in Dubai to connect consumers to Facebook friends who will help transport items for them.
Spotify AB has successfully secured about USD 250 million in new financing that values the music-streaming company much higher than USD 4 billion, according to sources. With this in mind, Spotify is now almost shoulder to shoulder with Pandora, which went public in 2011 and is currently valued at USD 5.7 billion.
Texas-based browser security company Quarri raised USD2.35 million in its first funding round today to improve its products, expand internationally, and add more people to its workforce.
The Hunt, an online community where you can track down items you covet, raised USD5.5 million in its first round of institutional funding to create an iPhone app for the site.
iPhone maker Foxconn Technology Group said it plans to invest USD40 million in Pennsylvania for the development of robotics and a high-tech manufacturing facility for telecom and internet equipment.
Hong Kong-based tech startup Multichannel raised USD3 million in a seed round from angel investors in Asia and Europe to be used for the improvement of the company's marketing spend tracker.
A recent survey by analytics company Worthworm found that 46% of Angel investors regretted the investments they made in 2013 because of overly optimistic financial projection and unrealistic pre-money valuations.
Online music-streaming service Spotify has raised $250 million in a new funding round, making it one of the world's most richly capitalized start-ups.
Branded mobile content company TextPride secured USD1 million in seed funding which will be used to launch the company's mobile stickers and emojis to mobile messaging apps.
