San Francisco, US-based reading app FarFaria raised $3.25 million in a Series A funding round led by Inventus Capital Partners to launch a children's subscription book service for the iPad.
Funding
San Francisco's Boombotix pockets $4M in funding to develop mobile speakers
San Francisco, California-based mobile speaker company Boombotix pocketed $4 million in a funding round led by both new and previous investors to develop its audio products and enhance its marketing strategies.
PillPack launches online pharmacy in 31 US states to solve medication problems
Cambridge, Massachusetts-based firm PillPack has raised $4 million in venture funding last year to launch its online pharmacy service in 31 states in the US to help patients manage their medications.
Boston app analytics platform Localytics secures $16M in Series C funding
Boston, US-based app analytics and marketing platform Localytics secured $16 million in a Series C funding round led by Foundation Capital for its product development and international expansion.
Colorado-based startup TeamSnap scores $7.5M in Series B round for to develop app to manage the schedule of sports teams
Boulder, Colorado-based startup TeamSnap scored $7.5 million in a Series B funding round to develop its app that helps sports coaches and league officials manage the schedule of their sports teams.
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Sausalito, California-based merchandise sales management platform atVenu secured seed stage funds of $1.1 million from Canadian venture capital firm Real Ventures, PE HUB Canada reported.
Tech giant Microsoft invested $15 million in location-based social networking app Foursquare and inked a licensing deal to use the latter's places database in their products and services.
Primus Power, a provider of low-cost grid-scale energy storage solutions, bagged $20 million for the first close of its Series C round led by South Africa-based Anglo American Platinum Ltd.
Investors which include Phenomen Ventures have given additional financing to the tune of $20 million to Rocket Internet-incubated foodpanda and its affiliate hellofood, TechCrunch reported.
France-based startup Wisembly was able to snag $2 million from Alven Capital for its tool that allows users to prepare for, monitor and simplify company meetings, TechCrunch reported.
New York, US-based social intelligence startup 4C snagged $4 million in funding from venture capital firm Jump Capital for its expansion, and sales and product development.
If you've always wanted to own a franchise of Forever Yogurt but can't afford to, CrowdFranchise.com allows prospective investors to become an owner for as low as $1,000.
Hollywood, US-based digital media firm SpinMedia Group acquired SpinMedia LLC for an undisclosed amount, and poured in $10 million in funding to deal with the company's debts.
Atomic Reach, a platform that enables its clients to reach their target audience by measuring the quality and readability of content, has raised $4 million in funding so far, TechVibes reported.
