After helping 3 million people in the Philippines and Paraguay get access to the Internet, social media giant Facebook launched the Connectivity Lab to build drones and lasers that will help more people get affordable Internet access.
North America
SOA Software gets $10M in venture debt financing from Wellington Financial
Wellington Financial has provided debt financing to the tune of $10 million to SOA Software, a maker of API Management and SOA Governance products, a statement about the funding said.
California real-money gambling platform Gamblit takes home $12M in venture round
Glendale, US-based real-money gambling platform Gamblit Gaming took home $12 million in a venture round from private equity firm American Capital to fuel its platform development and future launches.
Vista Equity Partners purchases PeopleAdmin
US-based private equity firm Vista Equity Partners has bought talent management-focused software-as-a-service provider PeopleAdmin Inc for an undisclosed amount, a statement about the acquisition said.
Realty Mogul secures $9M Series A funding round led by Canaan Partners
Canaan Partners led the $9 million Series A financing round for real estate-focused crowdfunding site Realty Mogul which pools together investors' money to allow them to invest in properties, a statement about the investment said.
Latest News
After releasing the Office for iPad, software giant Microsoft made Office Mobile for iPhone and Office Mobile for Android free for home use to, but businesses still have to subscribe to use the Office 365.
In the latest news of social media hacking, multiple Pinterest accounts have been flooded with photos of butts, prompting warnings to avoid clicking on suspicious pictures until the security flaw is resolved.
TrueVault, a healthcare app data security startup which launched recently from the latest Y Combinator class, was able to obtain $2.5 million for its seed financing round, TechCrunch reported.
California, US-based YouTube multi-channel network Fullscreen added Texas-based video game media firm ScrewAttack for an undisclosed amount just a couple of months after it bought mobile-video startup Supernova.
The startups on Y Combinator's Winter 2014 class held a vote as to who among their classmates would be most likely to succeed and their votes were different from that of TechCrunch's own picks.
Two weeks after receiving approval from the US bankruptcy court in Delaware, Brussels, Belgium-based chemical firm Solvay completed the acquisition of Pennsylvania-based electronics company Plextronics Inc to enhance its OLED (Organic Light Emitting Diodes) electronic display capabilities.
Less than 12 hours after Microsoft launched its Office for iPad, the apps ranked in the top three of the world's most popular free apps on the Apple App Store, VentureBeat reported.
Journalists and news organizations are being targeted by hackers who are working for or supporting a government, according to two Google security engineers, Reuters reported.
5AM Ventures and Lundbeckfond Ventures led the $16 million Series A round for scPharmaceuticals, a pharmaceutical firm that is establishing products for subcutaneous delivery, a statement about the funding said.
