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Microsoft rolls out Accelerator Plus program for late stage Indian firms

Of the 16 startups chosen by Microsoft Ventures for its Summer 2014 batch, six will be part of the Accelerator Plus program that targets more mature firms, TechCrunch reported.


US age verification startup AgeCheq picks up $1M in Series A round

Pennsylvania, US-based age verification startup AgeCheq picked up $1 million in a Series A funding round to ramp up its effort in helping app and game developers comply with federal requirements and standards.

Magic Johnson purchases WNBA team LA Sparks

NBA legend Earvin “Magic” Johnson, together with Los Angeles Dodgers controlling owner Mark Walter, have become the new owners of women’s basketball team LA Sparks.

South Africa's IDS Fund Services chooses eFront to improve private equity operations

To streamline its private equity and real estate fund operations, South Africa-based IDS Fund Services has selected the technology solutions offered by eFront, a statement said.


Latest News

Kickstarter, a crowdfunding site, won the "Best Overall Startup" at the 2013 Crunchies, besting other tough contenders in the category which included Uber, CloudFlare, Snapchat and Twitter, TechCrunch reported.
AECI Ltd, the South African explosives and chemicals manufacturer, will be buying the the African water treatment business of Clariant for a price tag of $36.7 million, Bloomberg reported.
California-based identity authentication firm HID Global acquired Albuquerque, New Mexico-based authentication solutions provider Lumidigm for an undisclosed amount to extend its product portfolio and gain new secure identity solutions.
Depop, a social mobile shopping startup based in the UK, has rolled out its app on Android in order to expand its footprint in the marketplace, TechCrunch reported.
The Number 1 travel search engine in Russia, Aviasales, has obtained a $10 million investment from iTech Capital who will take a minority stake in the company which operates under the JetRadar brand internationally, TechCrunch reported.
Skopos Financial, LLC, an indirect, national subprime auto finance company, today announced it has grown its base of franchise dealer partners by more than 120 percent. The company has also increased its presence across the United States with the addition of seven new states where the lender is doing business. These states include Indiana, Tennessee, Ohio, Colorado, South Carolina, Alabama and Illinois.
Ascent Solar Technologies Inc has obtained the second $5 million investment from Ironridge Technology Co to complete the second closing of the Series B preferred stock purchase agreement with the division of Ironridge Global IV Ltd.
Media and digital marketing firm Dentsu Aegis Network added China-based social creative firm Verawom for an undisclosed sum, in a deal that will integrate the latter into the Isobar China group.
New York, US-based investment management firm Blackrock raised its stake in UK-based Internet media firm Blinkx to 13% amid allegations that the latter was using adware to boost its revenues.
Irvine, US-based startup Oculus VR took home the award for the Best Hardware Startup of the year during the 7th Annual Crunchies of TechCrunch for its breakthrough Oculus Rift VR headset.