VENTURE CAPITAL POST

San Francisco, California-based WordPress parent firm Automattic acquired New York, US-based long-form reading content discovery app Longreads for an undisclosed amount with the latter to function as it is post-acquisition.

San Francisco, California-based startup Fundbox emerged from stealth mode and nabbed $17.5 million in a funding round led by Khosla Ventures to help small and medium-sized enterprises get access to cash to clear their invoices within a day.

San Francisco, US-based cloud service marketplace AppDirect nabbed $35 million in its third funding round led by Mithril Capital Management to fuel its growth campaign.

Hospitality startup Airbnb has increased its service arm to Los Angeles through a partnership with Homejoy and Handybook, reported TechCrunch.

San Francisco, US-based health-tech startup Omada Health pocketed $23 million in a Series B funding led by Andreessen Horowitz to fuel its digital weight loss program for diabetic people.

San Francisco, US-based mobile app performance startup Crittercism took home $30 million in a funding round led by Scale Venture Partners for its expansion and enterprise initiatives.

Social media giant Twitter snapped up Cover, a startup that offers a lock screen and app drawer for Android devices, for an undisclosed amount, to boost its popularity among Android users.

San Francisco, US-based cloud storage giant Dropbox has raised $500 million in a debt funding reportedly led by JP Morgan for the construction of its new data centers, according to a source familiar with the situation.

San Francisco, US-based photo sharing service Imgur closed $40 million in its Series A funding round led by Andreessen Horowitz and Reddit to facilitate its workforce and marketing expansion.

San Francisco, California-based online grocery ePantry launched publicly to provide regular and automated delivery of more affordable green and sustainable products to the homes of consumers.

San Francisco, US-based venture capital firm Rise Capital is set to raise $146 million to back startups in Africa, South America, and other emerging markets.

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.

Berlin, Germany-based social reading app Readmill confirmed that San Francisco, US-based cloud storage giant Dropbox acqui-hired it for $8 million in combined stock and cash, with plans to shut it down later.

American software giant shelled out $150 million to acquire San Francisco, California-based product design and development firm Osterhout Design Group's (ODG's) intellectual property for wearable computing devices.

San Francisco, US-based real estate equity crowdfunding startup RealCrowd Inc nabbed $1.6 million in a seed funding round from Data Collective, Y Combinator's Garry Tan, and some real estate managers.