VENTURE CAPITAL POST

New York, US-based education solutions provider McGraw-Hill Education purchased Los Angeles, California-based online curriculum tool developer Engrade for an undisclosed amount to meet the increasing demand for digital educational content.

San Francisco, US-based sports-centered social networking platform Sqor raised over $4.4 million out of the targeted $13 million funding round ahead of a major platform update set to take place in February.

Fresno, California-based agricultural startup OnFarm's growers integrated data platform gained global recognition when it competed in the IBM Global Entrepreneur of the Year Award in 2013 and was included in the top six finalists.

California, US-based tech firm Tango launched a crowdfunding project on Indiegogo for its new portable computer, which is just the size of a smartphone and the capacity of a full quad-core Windows PC.

San Francisco, US-based marketing startup BrightFunnel secured just under $1 million in advisory funding to build a product that generates smarter and more accurate sales predictions.

Mountain View, California based seed accelerator Y Combinator (YC) announced that it will restrict its partner investments until three weeks after demo day to give all its startups an equal chance to raise funds.

Costa Mesa, California-based firm GrowthHackers opened a community news site today where members can post resources and learning materials centered around growth hacking or marketing.

Mountain View, California-bases social login pioneer Gigya launched a new tool that will give marketers data that will flow into personalized online and offline marketing campaigns for American consumers.

San Francisco, US-based social media giant Twitter decided to buy more than 900 patents from American multinational tech firm IBM to settle patent infringement claims against it, with the two companies forming a patent cross-licensing agreement.

San Francisco, California-bases mobile betting startup YouBetMe is launching an app that helps keep track of casual bets, and is planning to raise Series A funding in the near future.

San Jose, California-based digital video recording (DVR) company TiVo announced that it will add Durham, North Carolina-based cloud-based content discovery service Digitalsmiths for an undisclosed amount.

Washington University associate professor of engineering Robert Morley sued Square co-founders Jim McKelvey and Jack Dorsey for fraud and patent infringement, claiming he was wrongly left off a patent for the attachable credit card reader device.

San Francisco, California-based social games services provider Zynga Inc is laying off around 314 employees, or 15% of its workforce, as part of a cost reduction strategy to generate between $33 million to $35 million in savings for 2014.

The Center for Health Program Management and its funding partners which include Sierra Health Foundation, The California Endowment and The California Wellness Foundation gave a grant of $1.6 million to four counties to support the Positive Youth Justice Initiative.

Mountain View, California-based personal finance app Mint is integrating with San Francisco-based bitcoin wallet service Coinbase to help clients track their bitcoins along with their other financial accounts.