VCPOST Staff Reporter

San Francisco startup Streem raises $875K in seed funding for unlimited cloud storage

San Francisco, US-based large media storage startup Streem raised $875,000 in seed funding from Y Combinator, 500 Startups, and other angel investors to provide unlimited cloud storage for their customers at $20 per month.

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South Korean content recognition firm Enswers scores $2M in funding from Samsung

Seoul, South Korea-based content recognition tech firm Enswers scored $2 million in a recent funding round from Samsung Ventures to boost its expansion campaign across the US and North America.

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Chinese government punishes Sina.com for publishing pornographic content

The Chinese government arrested some people and fined Internet giant Sina.com for publishing and distributing pornographic content on its website as part of China's "Cleaning the Web" campaign which is held every year.

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Irish beverage firm C&C to shell out £1.2M for expansion

Belfast, Ireland-based alcoholic beverage firm C&C will shell out £1.2 million to expand in Belfast and open a new commercial business support center, creating an additional 25 jobs in the region.

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Domain Elite invests $6.5M to bring SMART Medical Systems' endoscopy products to China

American venture capital firm Domain Elite invested $6.5 million in Israeli endoscopy and colonoscopy products maker SMART Medical Systems to bring the latter's products to meet the demand for the said products in Greater China.

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Facebook enters fitness arena with purchase of Finnish fitness app maker ProtoGeo

US social media giant Facebook entered the fitness arena with its acquisition of Helsinki, Finland-based mobile fitness tracking app maker ProtoGeo Oy for an undisclosed amount to beef up its mobile app portfolio.

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Merus Capital forms special fund to invest in US ad-tech firm AdRoll

Palo Alto, US-based software-focused venture capital firm Merus Capital formed a special Merus Capital Opporunity Fund just after it closed its second fund at $43 million to support the late-stage development of San Francisco-based ad-tech firm AdRoll.

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Ohio payments firm 2Checkout closes $60M in first financing to go global

Ohio, US-based Payments-as-a-Service company 2Checkout closed its first funding round at $60 million with Chicago Growth Partners and Trident Capital as the lead investors in a deal that will fuel its global expansion.

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Texas-based virtual reality treadmill Virtuix Omni bags $3M in seed funding

Houston, US-based virtual reality (VR) treadmill maker Virtuix Omni bagged $3 million in its seed funding round with Tekton Ventures and Maveron as lead investors to fund the commercial release of its product.

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California SaaS database startup Connectivity secures $6.3M in Series A round

Burbank, US-based SaaS (Software-as-a-Service) database startup Connectivity secured $6.3 million in its Series A funding from Greycroft Partners, Rincon Venture Partners, Double M Partners, and other investors to release a new platform with additional features.

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US collaboration platform Slack raising $30M in new funding

San Francisco, US-based real time enterprise collaboration platform Slack, the startup established by Flicker co-founder Stewart Butterfield, is raising $30 million in a new funding round to boost its growth campaign.

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Domino's launches 3D pizza building and ordering app

Michigan, US-based restaurant chain and pizza delivery firm Domino's Pizza launched a new mobile ordering app for iPad with a 3D pizza building feature that will give customers a visual way of customizing their pizza and when ordering for take-out or delivery.

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GE unit to invest $24M in Welspun's solar power project in India

GE Energy Financial Services announced that it will invest $24 million in Welspun Renewables Energy Pvt Ltd's solar power project in Neemuch, India to help more people in the country have access to renewable energy.

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Automattic buys New York-based code-free website creator Scroll Kit

In its 14th acquisition, San Francisco, US-based publishing platform developer Automattic bought New York City-based code-free website creation startup Scroll Kit for an undisclosed amount to integrate the latter's features into WordPress.

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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.

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