Lending CLub, the venture capital-backed firm that offers peer-to-peer loans, will now be offering business loans as part of its move to expand it services, TechCrunch reported.
Regions
Facebook Security Director Ryan McGeehan to transfer to US Bitcoin startup Coinbase
Facebook Secutiry Director Ryan McGeehan annouced that he is leaving in early April to take a security-related position at San Francisco, US-based Bitcoin startup Coinbase.
Alibaba pours $215M in Tango's $280M Series D round
Alibaba invested $215 million in the newest round for Tango while previous investors poured $65 million in the latest $280 million round for mobile messaging network Tango, VentureBeat reported.
Accel Partners raises two new funds worth $1.475B as Jim Breyer lessens role
Accel Partners was able to raise a combined total of $1.475 billion for the Accel XII and the Accel Growth III funds while Jim Breyer will be reducing the role he plays in the venture capital firm, Forbes reported.
Oregon startup PayRange offers simpler way to make mobile payments
Portland, US-based startup PayRange was launched by former VendScreen chief Paresh Patel to offer a simpler way of making mobile payments using a device that can be easily installed in vending machines.
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GoPeppers.com, an Indian startup that has been operating for more than a year, is already making waves in the e-grocery market of Noida by achieving 300 daily clients that provide an individual volume of INR1,500.
Investment management firm Blue Ocean invested $5 million in Fort Collins, Colorado-based dental firm St Renatus for the latter's drug application for its needle-free anesthetic.
New York, US-based data management platform Lotame acquired San Mateo, California-based mobile audience management startup AdMobius for an undisclosed amount to beef up its publishing and marketing services.
The White House has made government data available to developers and researchers that will help them come up with simulations and help it in its efforts to prepare cities for climate change, TechCrunch reported.
Digital health company Augmedix announced that it was able to secure venture funding amounting to $3.2 million from DCM and Emergence Capital Partners, a statement about the financing said.
Platfora, a big data analytics software platform, has secured $38 million for its latest funding round led by Tenaya Capital and participated in by other investors, TechCrunch reported.
"Without liquidity, Israel will not be able to transition from a startup to a scale-up nation or become a leader in new technologies whose global contributions also reap domestic rewards," observed Milken Institute Senior Fellow Glenn Yago.
New venture capital fund Amplify Partners raises $49.1M to back IT infrastructure startups in the US
Cambridge, US-based venture capital firm Amplify Partners raised $49.1 million for its new fund to back early-stage firms in the storage, networking, and Internet hardware industries.
Cloudera, the company that provides enterprises with the first unified big data platform, secured $160 million from T. Rowe price, Google Ventures and MSD Capital, TechCrunch reported.
