California

SyncFab launches crowdfunding campaign to streamline US manufacturing via 3D printing

Santa Monica, US-based 3D print online marketplace SyncFab launched a $25,000 crowdfunding campaign on Kickstarter to streamline specialty manufacturing in the US using the 3D printing technology.

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American music startup BandPage scores $8.5M in funding

San Francisco, California-based music startup BandPage scored $8.5 million in a funding round from music tech investors such as Mohr Davidow Partners, Robert Kavner, GGV Capital, and Walden Venture Capital.

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US content and rights manager FilmTrack acquires Jaguar Consulting

Studio City, California-based content and rights management firm FilmTrack acquired Pasadena-based IP rights, royalty, and contract management software provider Jaguar Consulting for an undisclosed amount.

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California real-money gambling platform Gamblit takes home $12M in venture round

Glendale, US-based real-money gambling platform Gamblit Gaming took home $12 million in a venture round from private equity firm American Capital to fuel its platform development and future launches.

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Fullscreen adds Texas-based video game media firm ScrewAttack

California, US-based YouTube multi-channel network Fullscreen added Texas-based video game media firm ScrewAttack for an undisclosed amount just a couple of months after it bought mobile-video startup Supernova.

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US-based equity crowdfunding service CircleUp pockets $14M in second funding round

San Francisco, California-based equity crowdfunding service CircleUp pocketed $14 million in its second funding round from Canaan Partners, Google Ventures, and other investors to bridge investors and companies.

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Facebook acquires Oculus VR in $2B deal

Social media giant Facebook acquired California, US-based virtual reality headset maker Oculus VR in a deal valued at $2 billion to help the startup expand beyond non-gaming applications of its technology.

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US venture capital firm Lightspeed closes $950M for new early-stage fund

Menlo Park, US-based venture capital firm Lightspeed Venture Partners (LSVP) closed $950 million for its new investment fund that will back early-stage companies in the consumer and tech sectors.

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Indian software firm Persistent Systems invests in California hygiene startup Hyginex

Pune, India-based software services firm Persistent Systems used its venture capital fund to invest an undisclosed amount in California, US-based hand hygiene solutions startup Hyginex for its international expansion.

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California's OpenTable to shut down newly-acquired restaurant app Ness

San Francisco, US-based online restaurant reservation service OpenTable will shut down Los Altos, California-based restaurant recommendation app Ness, which it acquired in February, on April 21.

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US payments firm Oink creates a way for parents to control kids' in-app purchases

Hermosa Beach, US-based payments firm Oink found a way to let parents monitor and control their kids' in-app purchases by linking a credit card to their accounts and letting them set a purchase limit for a specified length of time.

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American LEGO rental startup Pley closes $6.75M in Series A round

San Jose, California-based LEGO rental startup Pley closed $6.75 million in its Series A funding round led by Allegro Venture Partners to fuel its product, workforce, and international expansion efforts.

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US-based fitness tracker maker FitBit faces class-action lawsuit over rash issue

After issuing a recall and full refund for the involved product, San Francisco, California-based fitness tracker maker FitBit is now facing a class-action lawsuit filed by a customer over the rash issue caused by the latest version of its Force fitness band.

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California-based late-stage investment firm Technology Crossover Ventures raises $2.23B for eighth fund

Palo Alto, US-based late-stage investment firm Technology Crossover Ventures (TCV) raised $2.23 billion for its eighth growth equity fund from European and Asian private and public pension funds, financial institutions and other investors.

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Facebook Security Director Ryan McGeehan to transfer to US Bitcoin startup Coinbase

Facebook Secutiry Director Ryan McGeehan annouced that he is leaving in early April to take a security-related position at San Francisco, US-based Bitcoin startup Coinbase.

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