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..

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Former ACT CEO Richard Ferguson invests in Iowa education startup
Former ACT chief executive officer (CEO) Richard Ferguson and Cramer Development CEO and founder Josh Cramer separately invested undisclosed sums in Coraville, Iowa-based education startup Higher Lear
San Francisco's Docker bags $15M in funding for open-source app-building tool
San Francisco, California-based open-source app deployment project Docker bagged $15 million in a new funding round from Greylock Partners and Insight Venture Partners to help developers build applica
Venture capital investment in India's healthcare tech on the rise- report
While venture capital funding for healthcare influenced by information technology or HIT is more pronounced in the US, venture capitalists are also showing interest in the niche in India, The Hindu B
San Francisco mobile security firm Bluebox snags $18M in Series B funding
San Francisco, California-based mobile security firm Bluebox Security snagged $18 million in a Series B funding round led by Tenaya Capital amid the growing bring-your-own-device (BYOD) trend that ope
China-focused Boyu Capital to close $1.5B for second buyout fund -sources
China-focused private equity group Boyu Capital is set to close $1.5-billion for its second buyout fund within a few weeks, according to people familiar with the matter.
German CRM startup Linko bags $2.6M in seed round, buys Localstream
Berlin, Germany based customer relationship management (CRM) startup Linko raised $2.6 million in seed funding from angel investors and purchased tech startup Localstream for an undisclosed amount.
Hong Kong toy maker Roam & Wander closes new funding round for US expansion
Hong Kong-based children's entertainment startup Roam & Wander successfully raised an undisclosed amount of funding from Hong Kong and Taiwan angel investors as it prepares to expand its US retail ope
California analytics firm Tidemark secures $1M in funding
California, US-based business applications vendor Tidemark has raised more than $1 million in a new funding round, according to a filing submitted to the US regulators.
Taiwan's The News Lens to reshape local journalism with angel funding and media veteran backing
The News Lens founder and chief executive Joey Chung said the new angel funding and the inclusion of media veterans Marcus Brauchli and Sasa Vucinic into the company fold will help the startup solidif
US firm Mederi Therapeutics bags $18.5M in Series B for GERD and bowel incontinence treatment
Connecticut, US-based pharmaceutical firm Mederi Therapeutics raised $18.5 million in a Series B funding round for the sales and marketing of its treatment for Gastrointestinal Reflux Disease (GERD) a
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