Money transfer startup Azimo secures $10M in Series A funding round

UK-based money transfer startup Azimo has obtained $10 million for its Series funding round led by Greycroft Partners and joined in by other investors, TechCrunch reported.


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.

Alibaba Group Holding agrees on majority stake purchase of ChinaVision Media Group in $804M deal

Alibaba Group Holding will be buying a majority stake in ChinaVision Media Group Ltd in an $804 million deal, allowing it to access TV and movie content, Reuters reported.

India-based Quikr secures $90M in round led by Kinnevik

Online and mobile classifieds platform Quikr has raised another $90 million in its most recent funding round, according to a report on The Economic Times citing a source.


Latest News

Venture capital firm Accel Partners has invested $40 million in the Series A funding round of money transfer platform WorldRemit based in London, TechCrunch reported.
Institutional, strategic and private investors backed Finland-based gaming startup Next Games with $6 million in its latest funding round. The firm intends to roll out the mobile game version of "The Walking Dead" globally, VentureBeat reported.
DataRPM, the startup that leads in the cognitive business intelligence space, has closed $5.1 million for its Series A round led by InterWest Partners and joined in by CIT GAP Funds, a statement about the funding said.
Flypay, a startup based in the UK that develops an app that makes settling restaurant bills faster, has raised £1 million from Entreé Capital, TechCrunch reported.
Ulmon, the travel app developer based in Vienna, has secured its first round of funding said to be less than $5 million from Global Founders Capital, TechCrunch reported.
Spritz Technology Inc, a startup based in Boston, is readying to complete a seed funding round which raised $3.54 million from investors which included Denis O'Brien, TechCrunch reported.
Priceline Group has purchased Israel-based Qlika in a cash deal worth around $3M, according to a Priceline source interviewed by VentureBeat who confirmed the deal.
ProspX has raised $1.9 million of a $2.4 million funding round, VentureBeat reported citing a regulatory filing it submitted to the US Securities and Exchange Commission.
Paycom Software has started the ball rolling in its plans to go public by filing an S-1 form with the US Securities and Exchange Commission, VentureBeat reported.
Arthur Ventures gave a $1 million investment for the seed funding round of Drifty, a startup that provides tools that allows mobile developers to develop apps and websites, TechCrunch reported.