Boston, US-based alcohol delivery mobile app Drizly pocketed $2.25 million in a seed funding round led by Atlas Ventures to expand its liquor delivery services beyond New York City.
North America
Pacific Commerce Bank Reports 2013 Financial Results, Net Income of $4.9 Million and Continued Loan and Core Deposit Growth
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.
Seven Mile Capital Partners buys Tennessee-based Microporous
Seven Mile Capital Partners has purchased Microporous, formerly called Amerace, giving a new lease on life on the battery parts supplier headquartered in Northeast Tennessee, news website TriCities.com.
Nexus to invest INR30 crore in Indian cybersecurity firm Uniken
Venture capital group Nexus Venture Partners will pour INR30 crore into Pune, India-based cybersecurity company Uniken to fund its expansion into Israel and the US.
Ex-Apple CEO John Sculley backs telemedicine startup MDLive to reform healthcare by using new technologies- report
Former Apple Chief Executive John Sculley is betting that telemedicine startup MDLive will be able to bring medical practice to the modern age, VentureBeat reported.
Latest News
Startup Zepp Labs Inc secures $15M in Series B funding to help sports enthusiasts step up their game
Zepp Labs Inc, a startup based in Los Gatos, California, closed its Series B round with $15 million to develop wearable technology to enable sports enthusiasts to step up their game.
Boston, US-based enterprise software maker Mendix nabbed $25 million in venture capital funding led by Battery Ventures to fuel its mission to build a big business in the software industry.
San Francisco, California-based recurring revenue management software provider ServiceSource acquired Seattle-based predictive analytics firm Scout Analytics in a deal valued at $32 million in cash.
Oregon, US-based vending machine technology firm VendScreen Inc has bagged $17.8 million in a funding round led by existing investors Merrickhanna Ventures and 3X5 Special Opportunity Fund.
In a long-awaited move, Facebook finally started running tests using third-party mobile apps as part of its plan to become a mobile ad network, as confirmed by Facebook engineer Sriram Krishnan on the company's developer blog.
Using Bitcoin as a form of reward to programmers working in open-source software projects is rapidly gaining popularity, a report in The Wall Street Journal Blog Venture Capital Dispatch said.
Brooklyn-based firm Brooklyn Bridge Ventures, a new seed investment fund founded by former First Round Capital principal Charlie O'Donnell, secured $8.3 million in funding from several investors.
San Francisco, US-based in-feed native ad exchange ShareThrough raised another $17 million in combined debt and equity financing in a round led by Floodgate and North Bridge Venture.
Chartio, a provider of cloud business intelligence for developers and businesses, has received $2.2 million in additional financing from Avalon Ventures which led the Series A round for the company in 2011.
