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.
Investors
Cfius set to scrutinize Lenovo's purchase of Motorola's handset business
The Committee on Foreign Investment in the United States or Cfius is expected to thoroughly scrutinize the $2.9 billion acquisition of Motorola's handset business by Chinese technology firm Lenovo.
Foreign direct investment in Seoul reaches five-year record high
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.
IDG and Ascent pick up minority stake in Indian software firm Newgen
Indian venture capital firm IDG Ventures and Canadian investor Ascent Capital picked up a minority stake in New Delhi-based software solutions provider Newgen Software Technologies for INR110 crore.
CA Tech invests with IDG Ventures in Indian startups
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.
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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.
Rain Rannu, the Founder and Chief Executive Officer of Fortumo, said in his guest post at VentureBeat that more Android app users would pay if local payment options and not just credit cards would be offered.
Venture capital looks to Canada this year, says Mohr Davidow Ventures General Partner Katherine Barr
In her guest post at VentureBeat, Mohr Davidow Ventures General Partner Katherine Barr believes that venture capitalists are going to be setting their sights in Canada this year
California, US-based tech firm Tango launched a crowdfunding project on Indiegogo for its new portable computer, which is just the size of a smartphone and the capacity of a full quad-core Windows PC.
Bootstrapping first and waiting before finally agreeing to financing from venture capital was beneficial for Qualtrics, an enterprise survey provider, according to its CEO Ryan Smith in an interview with Entrepreneur.
Sony Corp said the NHK report that it was talking Chinese technology firm Lenovo Group about a joint venture for its Vaio business abroad was not accurate but did say that it was thinking of possibilities for the loss-making unit, Reuters reported.
Life science startups of India, like Sea6 Energy which turns seaweed to biofuel, are taking on a higher level of risk in their goal of turning their research into successful businesses, The Economic Times reported.
Innovation company 3M has supported Chilean firm Lixivia. The investment was made through 3M's New Ventures Business but terms of the deal were not disclosed.
