nCrypted Cloud, a service that encrypts shared data on Dropbox, Google Drive and others, raised $3 million from angel investors for its seed funding round, TechCrunch reported.
Funding
California-based TradeYa Inc raises $1.1M in a seed round
Barter platform TradeYa Inc was able to raise $1.1 million for its seed round. The company's mobile app allows users to trade goods and services online.
Dropbox inks lease on huge second office in San Francisco
San Francisco, US-based cloud storage service Dropbox inked a 12-year lease on a huge second office at 333 Brannan, just near its Berry St headquarters, to house the spillover of its 500-person workforce.
Austin incubator Capital Factory partners with Silverton and Floodgate to back tech startups
Austin, Texas-based incubator Capital Factory struck a partnership with venture firms Silverton Partners and Floodgate to support tech startups in Austin and trigger and investing "snowball effect."
Y Combinator grad DataRank closes seed round for $1.4M
DataRank was able to secure $1.4 million in seed funds in a round led by New Road Ventures and joined in by FundersClub and other angels. Data Rank enables companies to track conversations about their brands online.
Latest News
UK firm Weedingtech's recent fundraising campaign was supported by high-profile private equity movers like British venture capitalist Jon Moulton and Millhouse LLC owner Roman Abramovich.
Spokane, Washington-based startup iCPooch launched a crowdfunding campaign on Kickstarter to raise $20,000 for the production of a device that allows dog owners to send treats or conduct facetime with their dogs when they are away from home.
Exploration company Xanadu Mines, together with its joint venture firm Mongol Metals, have agreed to purchase a 90% stake in the Kharmagtai copper-gold project in Mongolia from Turquoise Hill Resources in a $14-million deal.
Based on data gathered by the Seoul Metropolitan Government, foreign direct investment (FDI) poured into Seoul, South Korea, reached $6 billion in 2013, an all-time high since the global financial crisis hit in 2008.
New York, US-based independent software corporation CA Tech invested an undisclosed amount with venture capital group IDG Ventures India in India-based enterprise software startups from October to December 2013.
Expert360, a recruitment website for the upper tier employment market, was able to secure $1 million in seed funding from angel investors in an oversubscribed round, The Canberra Times reported.
ThisClicks, a mobile technology firm that has developed an employee scheduling software, has secured venture capital funding of $4 million from Arthur Ventures, Greycroft and e.ventures, StarTribune reported.
Private equity investment manager Militello Capital has made an undisclosed investment in enterprise resource planning for eCommerce Management Software SalesWarp that holds headquarters in Baltimore, Maryland.
The Singaporean government launched iSTART, a financing program designed to fund the expansion of local telecommunication and mobile app startups into Indonesia, which could potentially be an avenue for growth for the Singaporean and IT industry.
