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US cybersecurity firm HackSurfer bags $3.5M in funding to beef up software protection

Maryland, US-based software cybersecurity firm HackSurfer bagged $3.5 million in a recent funding round to provide better cloud-based enterprise data protection for its customers from both private and government sectors.

Japan pulls out investments in China, directs focus to South East Asian countries

The territorial dispute between China and Japan has caused the latter to pull out its investments from the country and redirecting its focus to other South East Asian countries where it has already funded companies with USD22.8 billion last year.

XAPPmedia receives $3 million investment

XAPPmedia has received a $3 million funding round from private investors that would be used to support the mobile ads platform of the company referred to as XAPP Ads.

Ondot Systems receives $18 mln invetsment

Ondot Systems has been planning to develop a system that would allow credit and debit card holders to manage all aspects of their accounts through a mobile app making the company received $18 million investment.

Wish scores $19 million in new round

Startup Wish has received $19 million new investment led by GGV Capital and Formation 8 along with Yahoo's co-founder Jerry Yang while managing director for GGV Hans Tung joined the company's board of directors.

Stitch raises $3.25 million seed funding

Stitch has raised $3.25 million seed funding led by Google Ventures, Foundation Capital, Freestyle Capital, SoftTech and ENIAC Ventures with participation from angles including Tom Conrad, Brad Garlinghouse and Eric Hahn.

Russia's Vimpelcom agreed to sell holdings in Orascom Telecom Algeria

Russian telecoms giant Vimpelcom has agreed to let go of its much disputed holdings in Orascom Telecom Algeria to the Algerian government after buying the telecoms firm from Naguib Sawiris in 2010 for $6 billion.

Code.org Partners with 30 Public Schools bringing computer science to millions of American high school students

Code.org partners with 30 public schools as they run towards making computer science more accessible to high school students nation wide.

PublicVine receives $5 mln investment

Nam Mokwunye's PublicVine, video marketplace startup allowing sellers and buyers alike to acquire videos has received $5 million funding round in time for the company to launch globally on June 6 this year.

Izzy Zalcberg buys shares in US cannabis industry solutions provider TechnoConcepts

Micro-cap investor Irwin "Izzy" Zalcberg has bought shares in Colorado, US-based tech wireless tech firm and cannabis industry solutions provider TechnoConcepts Inc for an undisclosed amount to take advantage of the increasing value of the legal marijuana market in the US.

La Caisse pours C$42M into Quebec wind energy project

Montreal, Canada-based institutional fund manager La Caisse De Depot Et Placement Du Quebec poured C$42 million into the Parc des Moulins wind far in Quebec as part of its bid to generate long-term returns for its clients.

Spindle CEO Pat Kinsel becomes a partner at VC firm Polaris after Spindle sale to Twitter

CEO and co-founder Pat Kinsel of Spindle has become a partner at venture capital firm Polaris after he successfully sold Spindle to social microblogging site Twitter, gaining him the title of "entrepreneur in residence."

Quibb to close $750k funding round

Quibb has announced receiving $650k seed funding from investors which would be added with another $100k round through Alphaworks, a crowdsourced equity exchange platform.

Piqora receives $7.7 mln in Series A round

Marketing and analytics provider Piqora has received $7.7 mln Series A funding round from a number of venture capitalists led by DFJ and joined by Baseline Ventures, Firebolt Ventures, Freestlye Capital, Lazerow Ventures and Altos Ventures.

Merus Capital receives $50 mln funding round for two new funds

Merus Capital received a $50 million funding round referred to as 4.0x net for two new funds including Merus Capital Opportunity Fund and Merus Capital II.

QE2 Acquisition Corp. Strengthens Board of Directors With Appointment of Doug Bachman

QE2 Acquisition Corp. ("QE2") is pleased to announce the appointment of Doug Bachman to the Board of Directors.

Chip designer ARM sees smartphone recovery in second half

ARM Holdings, whose chip technology powers Apple's iPhone, said demand for smartphones would pick up in the second half after a disappointing end to 2013 resulted in first-quarter profit rising less than in previous years.

Glow Holdings Inc. Announces Binding Letter of Intent to Acquire Cedar River Foods LLC and Announces New Chief Executive Officer

Glow Holdings Inc. (PINKSHEETS: GLOH) announced today that it signed a binding Letter of Intent ("LOI") with Cedar River Foods LLC calling for a newly-formed subsidiary of Glow to merge with Cedar River Foods' operations.

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