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Geekdom Fund backs three tech startups in San Antonio

San Antonio, US-based early-stage investment fund Geekdom Fund invested $25,000 each in startups Nebula Technologies, Lightphile, and Remote Garage, which are headquartered in Geekdom's co-working space.


DueDil secures $17M in Series B round

London-based DueDil obtained $17 million in its Series B financing round led by previous backer Oak Investment Partners and joined in by Notion Capital and Passion Capital, TechCrunch reported.

Softgarden merges with 1000jobboersen to form recruiting software giant in Berlin

Berlin-based recruiting software startup softgarden merged with job ad media planning service 1000jobboersen.de for an undisclosed amount to form a giant Recruiting-as-a-Service provider called softgarden E-Recruiting.

Mt. Gox issues new statement on website

Mt. Gox has posted a new statement which shed more light on the company's financial situation and validated the contents of a document leaked earlier, TechCrunch reported.


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GE Ventures and Northgate Capital joined existing investors in the Series E funding round extension of RainDance Technologies Inc which raised $16.5 million, a statement about the funding said.
France-based premium pay television channel Canal Plus took a majority interest in YouTube French comedy channel group Studio Bagel for an undisclosed amount to beef up its Over the Top Technology (OTT) business in the country.
Arsenal Capital-backed FrontStream Holdings purchased TRUiST Inc, a company that provides corporate philanthropy solutions based in Washington, DC. Financial terms of the deal were not provided.
Kenya-based wearable tech startup CladLight created the Smart Jacket, a wearable jacket with modified reflector and transmitter, to make motorbike driving more stable and help reduce the number of accidents in the country.
Norfolk, UK-based energy firm 3Sun Group bagged a $16.7 million (£10 million) investment from the Business Growth Fund (BGF) to fuel its European expansion and workforce addition.
Co-ed fitness franchise Anytime Fitness has received an equity investment in private equity firm Roark Capital Group, a statement about the funding said. Terms of the deal were not provided.
The Pimco Total Return Fund lagged behind 71% of its peers in February after rebounding from an annual loss of 1.92% last year, Reuters reported.
Penzance, UK-based firm Acoustic Stream launched a $50,000 crowdfunding campaign via Kickstarter to develop a 4-in-1 device that allows guitarists to tune their guitar, and record, stream, and share their performances to the world.
Mumbai, India-based social venture capital firm Aavishkaar Venture Management invested INR18.6 crore in US-based luxury lifestyle brand Mela Artisans for the latter's domestic and international product expansion.
The said failure of PCI standards is not the reason why payment card data breaches are taking place. Rather, it's the attitude of the people, according to Christian Janoff, a Security Solution Architect of Cisco Systems, in his VentureBeat guest post.