VENTURE CAPITAL POST

Social media backup startup SocialSafe received an additional USD1 million in investment commitments with Microsoft Corp researcher Gordon Bell as its investor and advisor.

Israel-based venture capital firm Pitango Venture Capital said it had closed its recent funding round with USD270 million worth of funds.

In an Upstart Business Journal report, Atlas Venture partner Jeff Fagnan endorsed startup investing network AngelList to Boston companies to increase venture capital investments in the area.

US Government software contractor Palantir Technologies, Inc has raised USD196.5 million in capital for growth, according to a filing with the US Securities and Exchange Commission.

Sensor machine maker Lively Inc announced that it had raised an additional USD4.8 million from the closing of its Series A funding round.

Online communication and collaboration tools provider FuzeBox had raised USD26 in its recent funding round.

Youtube network company Maker Studios recently concluded its Series C funding that it had started in December last year with an additional USD26 million in commitments.

Former partners of the venture capital firm Morgenthaler Ventures, had raised USD175 million in a seed funding round for their newest fund outside Morgenthaler called Canvas Venture Fund.

Harvard-born startup HourlyNerd would announce on Thursday that it had received USD750,000 in its seed funding round, the most significant investment coming from ABC's venture capital reality show "Shark Tank" star and billionaire Marc Cuban.

Creative ad platform operator Boost Media Inc. raised USD8 million in seed funding to improve its creative ad platform BoostCTR.

A PriceWaterhouseCoopers and the National Venture Capital Association news report said that venture capital in life sciences companies rose to 26% compared to last year.

Pharmaceutical platform startup ZappRX received USD1 million in a recent seed funding.

UK task marketplace Sooqini announced USD500000 in seed funding from Lars Toft Larsen and Paolo Rubatto.

Canada-based Demeure announced receiving USD4 million from its third round of seed funding.

According to technology news site Techcrunch, Pure Storage's recent USD150 million funding was a step to dominate the flash storage market.