Hedge funds planning to participate in the bond offering of Puerto Rico are asking the commonwealth to raise enough capital to last for two years and give up its sovereign immunity, according to sources interviewed by Bloomberg.

Arizona, US-based lending startup BodeTree offered its analytics and automated funding services for free to help small businesses in the country secure funding from local banks

US-based angel investor and Wine Library TV founder Gary Vaynernuck partnered with RSE Ventures cofounder Matt Higgins to launch a $25 million seed fund called Vayner RSE which they might be used to start a new brand of wine.

San Francisco, US-based online nanny marketplace UrbanSitter raised $15 million in Series B funding to expand its marketing efforts and continue connecting US families with qualified nannies.

Matrix Partners, Ellen Levy and Sandra Perkins invested $1.5 million for the seed funding round of RocksBox, a subscription jewelry service that aims to empower consumers, TechCrunch reported.

Smart bathroom scale maker PICOOC is raising $20 million for its second institutional funding round. The company makes the smart body scale brand Latin, TechNode reported.

Rakuten said it will purchase messaging application Viber for $900 million, marking the latest and largest acquisition of the biggest internet company in Japan, TechCrunch reported.

After the lockup agreements expire tomorrow, Twitter Inc's insiders will have a first chance to sell their stock. The company's shares have more than doubled since its IPO last year, Bloomberg reported.

Yevvo, the iPhone app developed by Israeli firm Yevvo Entertainment Inc, gives a platform for selfie stars to share live videos of themselves to a virtual audience, the Venture Capital Dispatch reported.

Yahoo has acquired Distill, a technical recruiting company that aims to take out the hassle of the hiring and recruiting process. The startup is backed by Felicis Ventures, China's Innovation Works and DN Capital, TechCrunch reported.