Texas, US-based storage marketplace SpareFoot raised $10 million in a new funding round from Insight Venture Partners for the company's growth, product development, and expansion efforts in the storage industry.
Investors
Google's Eric Schmidt to donate $1M to firms that use technology to solve world problems
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.
Li Ka-Shing leads $23M investment in US-based fake egg startup
Li Ka-Shing, the richest man in Asia, led a $23-million investment round in Silicon Valley, US-based synthetic egg startup Hampton Creek which is preparing to conquer the Asian market.
Athenahealth Inc undertakes accelerator program to encourage entrepreneurship among healthcare IT startups- report
Athenahealth Inc is rolling out an accelerator program to encourage more entrepreneurship among healthcare IT companies and help the company add to its services, Venture Capital Dispatch reported.
Dropbox bags additional $350M in Series C round- source
Dropbox has obtained an added $350 million in a Series C funding round from its existing investors and major mutual funds, TechCrunch reported citing a filing with the US Sec and a source who confirmed the fundraising.
Latest News
San Francisco, US-based advertising technology startup AdStage bagged $1 million in funding from existing investor Digital Garage to increase its workforce and launch a new app partnership program.
New York, US-based online employment solutions provider Monster Worldwide acquired two recruiting startups, San Francisco's Talentbin and Boston's Gozaik, for an undisclosed sum for growth purposes.
Entrepreneur Steve Perlman finally unveiled the wireless technology his self-funded startup Artemis Networks has been working on for the past ten years. It's called pCell, VentureBeat reported.
Seattle, Washington-based filmmaker Freddie Wong broke Indiegogo's record for web series crowdfunding when he gathered $900,907 in total contributions on Saturday night for his Internet-based show Video Game High School (VGHS).
Boston, US-based app maker Spritz said it will launch its app that will make reading easier on small devices on the soon-to-come smartphone Galaxy S5 and smartwatch Gear 2 of South Korean electronics giant Samsung.
Makati, Philippines-based real estate investment firm Ayala Land Inc (ALI) bought out the 40% holding of Tokyo, Japan-based trading giant Mitsubishi Corp in Philippine Integrated Energy Solutions Inc (PhilEnergy) for an undisclosed amount.
Investors of large consumer food companies want them to take bolder action than just merely cutting costs as their smaller competitors take on risks and increase market share, Reuters reported.
San Mateo, US-based open platform as a service Cloud Foundry is about to become more popular by launching the Cloud Foundry Foundation, which will help servers deploy software apps of developers under an open-source Apache license.
Goldman Sachs and Credit Suisse were hired by Chinese Internet firm Sina to take care of the debut of its microblogging platform Weibo in New York, according to sources interviewed by the Financial Times.
