VCPOST Staff Reporter

US-based home search startup Zumper raises $6.5M in Series A funding

San Francisco, US-based home search startup Zumper raised $6.5 million in a Series A funding round led by Kleiner Perkins Caufield & Byers (KPCB) to build its web and mobile platform for apartment rental.

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US stock photo agency Shutterstock to acquire WebDAM

New York, US-based stock photography agency Shutterstock is acquiring San Mateo, California-based digital asset management software maker WebDAM for an undisclosed amount to widen its market reach.

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San Francisco startup ClassDojo bags $8.5M in funding to manage students' classroom behavior

San Francisco, US-based startup ClassDojo bagged $8.5M in its first institutional funding round to develop its mobile platform that provides an easier way of managing and monitoring the behavior of students inside the classroom.

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Facebook to purchase New Mexico-based drone maker Titan Aerospace

Social media giant Facebook is reportedly in talks to purchase New Mexico, US-based drone maker Titan Aerospace for $60 million to reach the corners of the world with no Internet access.

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Australian startup Influx.com pockets $250K in seed funding to provide CRM solutions for online businesses

Melbourne, Australia-based startup Influx.com pocketed $250,000 in seed funding from Mark Harbottle and Leni Mayo to provide CRM (customer relationship management) solutions for online and tech startups.

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Posh Stow and Go launches crowdfunding campaign to build luxury membership bathrooms in New York

New York, US-based startup Posh Stow and Go launched a crowdfunding campaign via Indiegogo for its luxury membership bathroom facilities in Times Square which will open this June.

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Quebec approves $10M equity investment in Orbite Aluminae

The government of Quebec approved a $10-million equity investment in Montreal, Canada-based alumina producer Orbite Alumniae Inc, with the funds coming from the government's financing arm Investissement Quebec.

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SoftBank makes equity investment in Thai game operator Ini3

In a deal that marks its second investment in Southeast Asia, SoftBank Ventures Korea poured an undisclosed amount into Bangkok, Thailand-based online game operator Ini3 Digital to acquire a 23% equity in the said company.

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MWW adds Los Angeles PR firm Macias to tap into LGBT market

East Rutherford, New Jersey-based independent public relations (PR) firm MWW added Los Angeles-based firm Macias Media Group LLC for an undisclosed sum to tap into the lesbian, gay, bisexual, and transgender (LGBT) market.

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Swiss firm Logitech debuts Harmony Smart Keyboard for living room appliances

Lausanne, Switzerland-based tech accessory maker Logitech debuted a wireless keyboard called Harmony Smart Keyboard that can be connected to different living room devices including the Apple TV, Xbox One, and PS3.

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Indian social analytics firm Salorix closes down operations

Bangalore, India-based social media marketing and analytics firm Salorix Inc closed down its operations after it failed to raise fresh capital due to the founder's feud with investors.

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Chinese pet e-commerce site Boqii lands $25M in Series B funding

Shanghai, China-based pet e-commerce site Boqii landed $25 million in a Series B funding led by undisclosed US investors to fuel its brand building and expansion efforts.

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California analytics startups Reflektion scores $8M in second financing round

San Mateo, US-based predictive analytics startup Reflektion scored $8 million in its second funding round led by Intel Capital and Nike to ramp up its sales and marketing activities.

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RadioShack announces closure of 1,100 stores across the US

Texas, US-based electronics retail franchise chain RadioShack announced the closure of 1,100 out of its 4,000 stores across the US in a bid to save the company after a massive revenue loss over the holidays.

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Irish drug firm Perrigo picks up Aspen Global products in $51M cash deal

Dublin, Ireland-based over-the-counter (OTC) drug manufacturer Perrigo Company PLC picked up a set of products being marketed in Australia and New Zealand from South African firm Aspen Global Inc in a $51-million cash deal.

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