Nicel Jane Avellana

Global Founders Capital provides seed funding round for travel app developer Ulmon

Ulmon, the travel app developer based in Vienna, has secured its first round of funding said to be less than $5 million from Global Founders Capital, TechCrunch reported.

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Boston-based speed-reading technology developer Spritz readying to close $3.54M seed round

Spritz Technology Inc, a startup based in Boston, is readying to complete a seed funding round which raised $3.54 million from investors which included Denis O'Brien, TechCrunch reported.

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Priceline Group said to acquire Israeli firm Qlika in $3M cash deal

Priceline Group has purchased Israel-based Qlika in a cash deal worth around $3M, according to a Priceline source interviewed by VentureBeat who confirmed the deal.

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Austin, Texas-based ProspX bags $1.9M of $2.4M funding round

ProspX has raised $1.9 million of a $2.4 million funding round, VentureBeat reported citing a regulatory filing it submitted to the US Securities and Exchange Commission.

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Paycom Software files for IPO

Paycom Software has started the ball rolling in its plans to go public by filing an S-1 form with the US Securities and Exchange Commission, VentureBeat reported.

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India-based RHL Vision Technologies crowdfunds $200K for wearable device Fin

RHL Vision Technologies, an India-based startup, was able to raise $200,000 through the crowdfunding site Indiegogo with 1,600 people pre-ordering their wearable device called Fin, The Times of India reported.

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Apple enhances Loyalty Program with deeper discounts, more items

Apple's Loyalty Program for its bulk-buying clients have just been made better with deeper discounts and the addition of iPhones and Apple TV, TechCrunch reported.

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Moody's warns activist hedge funds make corporate bond ownership riskier

With activist hedge funds increasing their campaigns, credit rating agency Moody's cautioned that their increasing power has just added more risk to owning corporate bonds, the Financial Times reported.

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Principal Global Investors plans to purchase emerging markets- and real estate-focused boutique asset management firms

Jim McCaughan, the Chief Executive Officer of Principal Global Investors, told Reuters in an interview that his company is seeking to buy boutique asset managers.

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The Intercept editor says National Security Agency distrustful of anyone using encryption

Those who use encryption tools are viewed with suspicion by the National Security Agency and users can be targeted by the agency because of it, says "The Intercept" Editor Glenn Greenwald, VentureBeat reported.

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Big Fish Games to accept Bitcoin to pay for games

Big Fish Games is collaborating with Coinbase so that it can accept Bitcoin as a form of payment for games and virtual goods in its gaming platform, VentureBeat reported.

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Drifty, mobile app and website developer, secures $1M in seed funding round

Arthur Ventures gave a $1 million investment for the seed funding round of Drifty, a startup that provides tools that allows mobile developers to develop apps and websites, TechCrunch reported.

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Arsenal Capital Partners acquires Kel-Tech for undisclosed amount

Arsenal Capital Partners, a private equity firm based in New York, has acquired Midland, Texas-based oilfield chemicals provider Kel-Tech Inc for an undisclosed amount, a statement about the funding said.

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Bacterin International Holdings raises additional $4M from OrbiMed

Bacterin International Holdings Inc has secured $4 million more in funding from OrbiMed and will be issuing 1.5 million shares of common stock to the investment firm as part of the deal, a statement about the funding said.

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Lighter Capital provides $1M growth funding to CloudBilt, Resident Research and SalesReach Software

CloudBilt, Resident Research and SalesReach Software obtained a combined $1 million growth financing from Lighter Capital, a provider of revenue-based financing, a statement about the funding said.

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