Small business loan online marketplace Funding Circle obtained a £40M investment from the UK government to allow the company to continue providing loans to small and medium-sized businesses (SMBs) in the country.
Funding
San Francisco's IDG Ventures raises $100M for third funding round
San Francisco, US-based venture capital fund network IDG Ventures is currently raising $100 million for its third fund, the IDG Ventures III, to invest in early-stage startups in the US.
New York-based Magisto picks up $2M from Russia's Mail.ru Group
Magisto, the New York-based startup that provides automatic video editing services, has bagged a $2 million investment from Russian Internet firm Mail.ru Group, VentureBeat reported.
Adbrain platform rolls out in private beta months after getting $1.5M seed funding
Adbrain has introduced its programmatic mobile audience buying platform in private beta with partners Annalect, The Exchange Lab, M& C Saatchi Mobile, Fetch and Somo having early access to it, a company statement said.
Chinese social media marketing firm closes second funding round led by Fosun
China-based Social media marketing firm KMSocial has raised tens of millions of dollars in a Series B funding round led by Fosun Venture Capital Investment. Existing investor Fidelity Growth Partners Asia also participated in the said round, according to VentureBeat.
Latest News
Lea Lange talked with Magdalena Räth of VentureVillage about Junique, the design-focused platform she founded with Marc Pohl and Sebastian Hasebrink after she left US-based design firm Fab.com.
Smarter Remarketer, an Indiana-based startup focused on behavioral marketing and retail intelligence, has picked up $7 million from Battery Ventures in its most recent funding round, VentureBeat reported.
Venture capital-backed Ezetap, a mobile payment startup in India, raised $8 million for its Series B round from Helion Advisors, Social+Capital and Berggruen Holdings, TechCrunch reported.
Benchling, a startup backed by YCombinator, SV Angel, Founders Fund, Draper Associates and other angels, bridges biotechnology and computer science with their DNA editing software.
New York, US-based event ticket aggregator TiqIQ bagged $1.7 million in a funding round led by Stonehenge Growth Capital to develop its product that predicts best ticket prices and availability for sports events.
Blackstone, Khosla Ventures, Fairhaven Capital and a group of private investors invested $20 million in the Series B round of cybersecurity firm Cylance
San Francisco, California-based music startup SoundFocus raised $1.7 million in a funding round to develop an iPhone app that adjusts music according to the user's hearing abilities.
Hubub, a startup based in Toronto and New York, obtained $8.5 million in its Series A round participated in by a number of private investors for their platform that enables users to participate in thematic discussions, TechCrunch reported.
Santa Clara, US-based stealthy business security firm Apprity scored $8 million in its first venture round from security tech investors Promod Haque and Gaurav Garg to expand its engineering and research and development teams.
