Pennsylvania, US-based language learning app Duolingo secured $20 million in a recent funding round led by Kleiner Perkins Caufield & Byers to conquer the Asian market and compete with other English-teaching services.
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San Francisco, US-based delivery firm Postmates nabbed $16 million in Series B funding to help improve its mobile app and one-hour package delivery service within the area.
Toronto, Canada-based personalized comic strip app Bitstrips is raising $15 million in a Series B funding round reportedly led by Kleiner Perkins Caufield & Byers to address growth and scaling issues.
Prague, Czech Republic-based social media analytics firm Socialbakers scored $26 million in a Series C funding round led by Index Ventures to grow its workforce from 300 to 400 members.
Chinese conglomerate Fosun Group invested CNY210.5 million ($30.7 million) in Kuala Lumpur, Malaysia-based restaurant chain Secret Recipe, according to a report by Shanghai's China Business News.
Safello, a Bitcoin startup based in Sweden was able to raise $600,000 in its seed funding round from Erik Vorhees, Zubair Quraishi and other unnamed backers.
Outfittery has secured new funding amounting to €13 million in a round led by Germany's Highland Capital Partners Europe to it can grow in European markets, TechCrunch reported.
InMobi has only been in business for less than a decade but it has already proven to be a worthy contender to tech giants in the mobile ad space, Voice & Data reported.
The single largest stock holding of Soros Fund Management in the fourth quarter is Israeli drugmaker Teva Pharmaceutical Industries Ltd, Reuters reported citing a February 14 filing with the US Securities and Exchange Commission.
San Francisco, US-based online nanny marketplace UrbanSitter raised $15 million in Series B funding to expand its marketing efforts and continue connecting US families with qualified nannies.
Smart bathroom scale maker PICOOC is raising $20 million for its second institutional funding round. The company makes the smart body scale brand Latin, TechNode reported.
CloudPassage, a San Francisco-based cloud security provider that aims to keep the bad guys out of clouds, has raised $25.5 million for its new financing round led by Shasta Ventures, VentureBeat reported.
Betaworks, a New York-based media products maker and seed stage investor, has received additional funds amounting to $10 million in a round led by Digital Garage, TechCrunch reported.
Citia, a publishing platform that helps marketers and content creators take advantage of the shift to a card-based structure, has bagged an added $600,000 from David S. Rose and Geoff Judge, TechCrunch reported.
Axine Water Technologies, an industrial wastewater treatment solutions provider, has secured $5.6 million for its Series A round from The Roda Group, Chrysalix Energy Venture Capital and BDC Venture Capital, TechVibes reported.
