San Francisco, US-based security firm CloudFlare bought boutique anti-malware software maker StopTheHacker, which is also based in San Francisco, for an undisclosed sum to beef up its cybersecurity product offerings.
Investors
Georgia-based Birch Equity Partners backs Tempo Telecom
Tempo Telecom, a provider of prepaid and flexible communications services, received an investment from Birch Equity Partners, a private equity firm based in Atlanta, Georgia.
Quanttus raises $19M in Series A round from Khosla Ventures and Matrix Partners
After the seed funding round led by Vinod Khosla of Khosla Ventures, wearable technologies startup Quanttus received a $19 million Series A round from Khosla Ventures and Matrix Partners.
TraceLink Inc secures $5.5M growth investment in round led by FirstMark Capital
TraceLink Inc obtained a growth investment of $5.5 million in a round led by FirstMark Capital. Proceeds of the financing will be used for worldwide expansion and to finance more investments in its Life Sciences Cloud network platform.
Biotech firm Thesan Pharmaceuticals closes $49M in Series B round
Thesan Pharmaceuticals, a biotech firm that develops therapies for skin conditions, raised $49 million for its Series B round led by existing investor Novo Ventures and joined in by SV Life Sciences, Lundbeckfond Ventures and Novartis Venture Fund.
Latest News
Irish telecom tycoon Denis O'Brien picked up a minority stake in San Francisco, US-based startup Spritz to see how the latter's easy reading app could help improve the literacy rate in developing areas.
As part of its expansion, the "going out" app YPlan will be expanding to San Francisco, California. It also has entered into an exclusive ticketing partnership with Noise Music Festival and will be unveiling a new feature, VentureBeat reported.
Tokyo, Japan-based staffing firm Outsourcing Inc invested $5 million (INR30 crore) for a majority stake in Bangalore, India-based search and staffing company Alp Consulting Ltd to gain access to the Indian market.
Richmond, US-based visual creation studio Alice Blue acquired New York-based multi-faceted post-production studio Nucleus Imaging, a bigger firm, for an undisclosed amount to expand into a new market.
Mountain View, California-based cybersecurity startup Shape Security pocketed $40 million in a venture funding round led by Norwest Ventures and Sierra Ventures to beef up its product offerings and its sales team.
Austin, Texas-based hardware and software startup Open Labs updated its StageLight software to allow users to create and edit their own music with the help of hip-hop superstar Timbaland.
Cybersecurity startup CounterTack based in Waltham, Massachusetts closed its Series B funding round with an additional $3 million to bring the financing total to $15 million.
Philippines-based social night life app Guestlist allows party-goers to get included in a club's guest list to lessen the hassle of falling in line or paying for an entrance fee to gain entry.
Google Chairman Eric Schmidt said he will be putting money where his mouth is and donating $1 million to companies that will use technology to find solutions to global problems, TechCrunch reported.
