High-net worth individuals

PIMCO Headquarters

Pimco sees $10 billion in withdrawals after Gross exit: WSJ

Bill Gross's exit from the investment firm Pimco had an immediate impact on the company, with investors withdrawing about $10 billion following the announcement, the Wall Street Journal reported, citing a person familiar with the matter.

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Bill Gross

Gross begins second act as bond guru at tiny Janus fund

For Bill Gross, quitting Pimco's $222 billion Total Return Fund to take over a $13 million fund at Janus Capital is like resigning the U.S. presidency to become city manager of Ashtabula, Ohio, population 18,800.

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OnBeep

OnBeep Raises New Funding Worth $6.25M

San Francisco-based startup OnBeep has announced a new Series A round of $6.25 million in new funding to build what it calls “beautiful wearable communication devices that unite groups and allow teams to collaborate more fluidly in real time”.

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Tydy

Tydy pockets $138,000 from angel investors

Tydy managed to raise $138,000 in angel funding from the online platform, LetsVenture. Participating in the round are investors, Hareesh Ramana, Nikhil Ramanlal, Bhupen Shah from Silicon Valley and others.

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Retention Science

Retention Science's "retention marketing technology" gets $7 million in Series A

Retention Science managed to raise $7 million in Series A funding, backed by Upfront Ventures, and earlier investors including Baroda Ventures, Forerunner Ventures, Mohr Davidow Ventures as well as so-called angel investors. With the recent funding, the company reportedly plans to hire sales and marketing staff, as well as more data scientists who can demonstrate "retention marketing" beyond retail.

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Metanautix

Metanautix gets $7 million in initial funding

Metanautix has received $7 million in initial funding from Sequioa Capital, the Stanford University Endowment Fund and Shiva Shivakumar, a former VP of engineering at Google. The company plans to release its first product for general availability before the end of 2014. At present, there are half a dozen beta customers using the software, with the largest being Hewlett-Packard.

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FlexWage Solutions

FlexWage Solutions secures $3.5 million from unnamed investors

FlexWage Solutions announced it was able to secure $3.5 million in growth funding from several unidentified investment companies as well as high net-worth financial technology executives.

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Destiny Pharma

British government-backed fund aids Destiny Pharma to raise money for post-surgery clinical drug trial

Destiny Pharma recently announced in a press release that it was able to raise £2.8 million to fund the clinical trial of a drug aimed to prevent post-surgical infections. The company's recent funding, which was led by British government-backed Angel CoFund, will aid

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Logo of nanotechnology company P2i

Start-up behind 'dunkable' phone technology explores Asian IPO

P2i, a technology spin-off from Britain's Ministry of Defence, is looking to raise as much as 10 million pounds ($17 million) from Singapore investors as it readies the launch of its "Dunkable" or waterproof technology for smartphones and tablets.

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An elderly couple looks out at the ocean as they sit on a park bench in La Jolla

Retirees: Have you checked bank CD rates lately?

Getting low-risk yield has been one of the toughest challenges for retirees ever since the financial meltdown of 2008-2009. Interest rates are near zero, and many retirees are nervous about bonds out of fear that rates might jump.

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Facebook CEO Mark Zuckerberg

Facebook's Zuckerberg pledges $120 million to Bay Area schools

Facebook founder and CEO Mark Zuckerberg and his wife Priscilla Chan have pledged $120 million to Bay Area schools to help underserved communities in San Francisco, the two wrote in an essay to the San Jose Mercury News.

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Pinterest logo

Pinterest wins new funding, raising valuation to $5 billion

Pinterest has raised a new $200 million round of funding that gives it a valuation of $5 billion, the photo pin-up site said on Thursday. Pinterest, which allows users to create online bulletin boards based on various themes such as...

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SocialRank

SocialRank pockets $1 mln seed round funding to steal your Twitter followers

SocialRank bags $1 million in seed funding led by Vaizra Investments with other participants Advancit Capital, BOLDstart Ventures, Social Starts, Iowa City Capital Partners, and various angel investors.

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Reunion Resort

Ventures compete for investors at Florida Early Stage Conference

The Florida Venture Forum will host its seventh annual Early Stage Conference May 15 together with the 4th Annual Statewide Collegiate Business Plan Competition in Florida attended by 20 choice ventures positioned for equity financing.

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Smore

US web design platform Smore raises $1.7M in seed funding

Palo Alto, California-based single-page promotional website design platform raised $1.7 million in a seed funding round ledyby Founder's Co-op to expand its market reach, improve its products, and enable mobile content creation.

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