InterWest Partners led the Series C funding round for content marketing platform NewsCred which raised $25 million. NewsCred's existing backers also participated in the round.
Investors
Qualcomm acquires patents from HP
Qualcomm has announced that it had acquired 2,400 patents from Hewlett-Packard, including the patents from Palm which HP had bought in 2010 in a deal worth $1.2 billion, Gigaom reported.
San Francisco-based search app Jelly closes Greylock-led Series B round
Newly-launched San Francisco, California-based human-powered discovery and search parsing app Jelly raised an undisclosed amount in a Series B funding round led by Greylock Partners.
Bullish middle market firms lure private equity- report
Middle market private equity firms that invest in small and middle-sized companies have a good reason to be bullish as growth is strong in the sector, CNBC reported.
US Bitcoin investment fund CoinSeed invests $5M in BitFury mining hardware
After recently closing a $7.5-million funding round, US-based Bitcoin focused investment fund CoinSeed acquired BitFury's specialized Bitcoin mining hardware for $5 million to build one of the biggest cryptocurrency mining infrastructures in the world.
Latest News
Mercom Capital Group data revealed that venture capital funding for firms in the wind energy industry increased 44.4% to 455 million around the world last year, the Business Started reported.
MMC Ventures has again opened the MMC Growth Generation Fund specifically tailored for young investors aged 18 to 35 years old, allowing them to invest in UK's hard to access but high-growth firms.
Fashion e-commerce company Lyst was able to secure $14 million for its Series B funding round led by Balderton Capital and joined in by DFJ Esprit, Accel Partners and angel investors.
Startupbootcamp, the pan-European accelerator, has launched in Istanbul, as investors continue to show interest in Turkey. The accelerator has already began accepting applications for its program.
In what could potentially set the stage for a battle with an activist investor, eBay Inc has rebuffed the proposal of Carl Icahn to spin-off its payments platform PayPal, Reuters reported.
Medical and recreational marijuana dispensaries in Las Vegas, US are increasingly turning to venture capitalists for seed money due to lack of loan sources, as the drug is deemed illegal by the federal government.
Pacific Commerce Bank today reported financial results for the fourth quarter and the twelve months ended December 31, 2013 that reflected annual net income after tax of $4.9 million along with another solid quarter of loan and core deposit growth.
UK-based media firm Channel 4 (C4) is getting ready to launch a $33 million (£20 million) growth fund that will be invested in various indie production companies in the country.
Berlin, Germany-based multi-mode travel search engine GoEuro received millions in investment in a post-seed funding round from Lakestar to expand its market footprint beyond the UK, Germany, and Spain.
