California, US-based venture capital firm Andreessen Horowitz is in the process of raising $1.5 billion for its new fund, according to Fortune LP whisperer Dan Primack.
Funding
Hedge funds increasingly betting on tech- report
An increasing number of hedge funds like Coatue Management are looking for opportunities to invest in the private markets, pouring money in technology startups, TechCrunch reported.
Ukraine-based ad serving firm Epom snags $7M in private investment pool
Epom, an ad serving and ad management solutions provider, said it received $7 million in a private investment pool for product improvement and new product development.
US startup BEZALEL raising funds through crowdfunding for ARK portable wireless charger
Los Angeles, US-based startup BEZALEL launched a crowdfunding campaign via Kickstarter to raise $35,000 for the development a portable wireless charger for smart devices called ARK.
London's Resource Guru bags $870K in seed funding
London-based team scheduling startup Resource Guru has raised $870,000 in a seed funding round led by Index Ventures to expand its workforce, product, and client base.
Latest News
California, US-based cloud storage services provider Dropbox raised another $250 million in new funding two years after a previous $250-million round, further lifting the company's valuation close to $10 billion.
Tel Aviv, Israel-based startup PowerUp Toys raised over $1 million via crowdfunding platform Kickstarter for a smartphone-controlled paperplane, with still eight days to go for the campaign.
Bangalore, India-based early-stage investment firm Inventus Capital Partners closed its second fund totaling $106 million to invest in digital services startups in India and the US.
New York, US-based private equity firm KKR Financial Holdings will invest over $100 million in Dublin, Ireland-based helicopter unit of Lease Corporation International (LCI) to support the latter's growth plans.
China-focused private equity group Boyu Capital is set to close $1.5-billion for its second buyout fund within a few weeks, according to people familiar with the matter.
Rhode Island, US-based startup Teespring has raised $20 million in its first round of funding led by Andreessen Horowitz to sell custom and pre-ordered T-shirts for a cause.
Marlyand, US-based education startup Tales2Go bagged $750,000 in a seed funding round led by NewSchoolds Venture Fund and Maryland Venture Fund to improve students' listening fluency through a "Netflix-like" audiobook app.
A Kickstarter campaign allowed chip startup Adapteva to bridge the gap between its Series A and Series B rounds and prove its market, a Gigaom report said.
Brno, Czech Republic-based low-cost flights booking engine Skypicker.com secured a $500,000 investment from Touzimsky Airlines and also acquired metasearch engine WhichAirline.com for an undisclosed sum.
