Atlanta, Georgia-based e-commerce lending firm Kabbage Inc landed $50 million in its Series D financing led by SoftBank Capital to provide $500 million worth of loans for small online businesses by the end of 2014.
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Samsung Galaxy Note 4 Release Roundup: Release Date in September, 64 Bit Processor, 2K/4K Resolution and More
September will be a major month for Samsung as recent reports indicate the company is preparing to release the Galaxy Note 4. The Samsung Galaxy Note 3 was released in September 2013. Analysts believe the South Korean tech giant will follow a similar timeline for the Note 4. According to recent information, the Galaxy Note 4 will pack on a 64-bit processor, 3840 x 2160 resolution and a new display technology.
French car rental startup Drivy secures $8.3M in funding for European expansion
Paris-l’hospital, France-based car rental startup Drivy secured $8.3 million (€6 million) in a new funding round with Index Ventures and Alven Capital as lead investors to fuel its expansion in Europe.
American website testing platform Optimizely raises $57M in Series B funding
San Francisco, California-based website testing and optimization platform Optimizely raised $57 million in a Series B funding round led by Andreessen Horowitz to hire as many as 250 additional staff within this year.
California fitness app PEAR takes home $5M in Series B round
Irvine, US-based fitness trainer app PEAR Sports took home $5 million in its Series B funding led by previous backers Innovate Partners and Nordic Ventures to ramp up its marketing efforts and third-party sales.
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South Korean tech giant, Samsung's Galaxy K Zoom price point set at EUR 519 for German market to be on the shelf in mid-May.
San Jose, US-based payments giant PayPal fired Rakesh "Rocky" Agrawal as its vice president (VP) of strategy this weekend after releasing some insulting words about his colleagues on the social network Twitter.
San Francisco, US-based peer-to-peer lending marketplace pioneer Prosper raised $70 million in a funding round led by private equity firm Francisco Partners to build its business and fuel its growth.
Perth, Australia-based publicly listed firm Liquefied Natural Gas (LNG) Ltd secured $49.5 million in a placement of 90 million shares to its Australian and new US investors at $0.55 apiece for development of its Magnolia LNG facility.
The Japan Aerospace Exploration Agency (JAXA) is planning to start a commercialized space-based solar energy farm that would convert sunlight into electricity in a bid to replace the many nuclear power plants built on earthquake-prone areas.
Google remembered Hollywood actress, fashion icon and among the world's beautiful faces of women, Audrey Hepburn, through a pink doodle with her face centered on the commemorative logo.
SupportPay has taken in $1.1 million led by Draper Associates and other financiers including Aspect Ventures, Broadway Angels and a personal investment from DJF co-founder Tim Draper.
Former chief executive Steve Ballmer now owns more shares than Microsoft founder Bill Gates as shown through a regulatory filing from the US Securities and Exchange Commission.
Apple Inc. has acquired LuxVue Technology said sources familiar with the matter adding that the former could integrate LuxVue technology to its gadgets for longer battery life and better screen brightness.
