Kamcord has raised $7.1 million led by TransLink Capital and other investors with the latter to also help in the entry of the company in key Asian markets including Japan, Korea and China.

Rangespan was acquired by Google which was a third for the latter to buy a company based in the U with the terms of the deal left unrevelead.

JX Nippon Oil & Energy Corporation has opened an office in Johannesburg, South Africa that could indicate possible company expansion as the former looks to collaborate with exploration and retail firms.

Tesla Motors quietly secured permits to modify a former Chrysler facility in California and is hiring 32 workers for the said facility, according to a Bloomberg report published last week.

New York, US-based web performance monitoring firm Catchpoint Systems will be foraying into China and Russia, based on the pathway provided by their clients, indicating that Asia Pacific and Russia are the emerging markets in the industry.

Unified has acquired Awe.sm without disclosing the financial terms of the deal while the latter has received $5.3 million from Upfront Ventures, Foundry Group and other investors.

Waggl, a San Francisco based startup launched in February from a spin-off from Fort Hill Company offering messaging and business polling, has raised $1.1 million seed funding round.

London, UK-based music streaming startup Bloom.fm announced via Twitter that it shut down right after it was banned from Apple's ad network and its sole investor, Russian TV channel TNT, pulled its fundings.

The expected date for Box's public debut has been rescheduled said online media platforms Quartz and Wall Street Journal citing falling tech stocks prices happening on market bourses that could affect the share pricing of the company.

Elance-oDesk has launched in Australia after seeing the country with much potential for industry growth basing on its recorded adjustment per capita of 235 percent increase in online hiring.