Cloud-based startup Optimizely to lay off 10% staff

Optimizely, a San Francisco-based cloud-based startup, is slashing its workforce by 10 percent across all the departments. Based on recent round of finance, Otpimizely was valued at $585 million. Since its inception in 2009, Optimizely has raised over $146 million investments including $58 million round in 2015.

Canadian venture capital at 10-year high

Led by technology sector, venture capital (VC) investments in Canada reached 10 year high in 2015. Canadian Venture Capital & Private Equity Association (CVCA) said 536 deals in funding for entreprene..

Silicon Valley's F50 rolls out syndication platform

Silicon Valley-based private co-investment platform F50 has the launched beta version of co-investment Syndication Platform. F50 facilitates both the online and offline transactions for investors and..

Rise of micro VC funding in India as investors focus on early-stage investment

The micro venture capital (VC) funding space in India is witnessing a robust activity. A rising new breed of venture capital investors is keen on early-stage investment in startups. About 12 micro ven..

Latest News

British video-on-demand service Screenburn raises $500K in angel funding
London, UK-based Video-on-Demand (Vod) service Screenburn raised $500,000 (£302,000) in an angel funding round to fuel its expansion for 2014 and to continue monetizing the presence of music and film
North Carolina's wedding photo app WedPics scores $1.5M in Series A financing
Raleigh, US-based wedding photo and video-sharing app WedPics scored $1.5 million in its Series A financing round led by IDEA Fund Partners to scale up its platform and beef up its workforce.
Secret bags $8.6M in Series A round
Secret, the widely-popular anonymous social sharing app, has obtained $8.6 million in its Series A funding round from a sizable number of investors, TechCrunch reported.
UK-based online video ad tech firm Coull obtains $4M in latest funding round from angel investors
Coull, a Bristol-based online video ad tech firm, has received $4 million from Paul Fraser and other existing angel investors for its latest funding round, TechCrunch reported.
Indian speech-based software solutions provider Uniphore grabs funding from angel investors
Chennai, India-based local language speech-based software solutions provider Uniphore Software Systems grabbed an undisclosed amount of funding from angel investors Indian Angel Network, Ray Stata, an
Cloud tech firm ComputeNext secures $4M from angel investors
ComputeNext, a cloud brokerage services provider, has secured $4 million of a planned $10 million fundraising round, VentureBeat reported citing a Securities and Exchange Commission filing.
Angel Academe makes first investment in seed round of UK-based Buddybounce
Women-led angel investment network Angel Academe has invested in UK-based Buddybounce, a startup that seeks to help artists determine and reward their "super fans," TechCrunch reported.
Irish social media startup Eagle Alpha bags $1.5M in angel funding
Dublin, Ireland-based social media analytics startup Eagle Alpha bagged $1.5 million (€1.1 million) in angel funding from former investment banker Emmett Kilduff to develop its product offering and be
Brand new Manila-based Altitude Games secures $275K in seed funding
Altitude Games, a fresh mobile gaming studio based in the Philippines, has received $275,000 for its seed funding round to help it create its "original IP in the midcore game space," TechCrunch report
AppZero bags $3M to help move old Windows Server 2003 enterprises to modern systems
AppZero, a Boston-based startup that provides migration and cloud on-boarding services, has received $3 million from angel investors to move enterprises still on Windows Server 2003 to newer systems,
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