Nicel Jane Avellana

DueDil secures $17M in Series B round

London-based DueDil obtained $17 million in its Series B financing round led by previous backer Oak Investment Partners and joined in by Notion Capital and Passion Capital, TechCrunch reported.

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Mt. Gox issues new statement on website

Mt. Gox has posted a new statement which shed more light on the company's financial situation and validated the contents of a document leaked earlier, TechCrunch reported.

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RainDance Technologies Inc raises $16.5M in extended Series E funding round

GE Ventures and Northgate Capital joined existing investors in the Series E funding round extension of RainDance Technologies Inc which raised $16.5 million, a statement about the funding said.

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Private equity-backed FrontStream Holdings purchases TRUiST Inc

Arsenal Capital-backed FrontStream Holdings purchased TRUiST Inc, a company that provides corporate philanthropy solutions based in Washington, DC. Financial terms of the deal were not provided.

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Bitium secures $6.5M in Series A funding round led by Polaris Partners

Polaris Partners led the Series A financing round for Santa Monica, California-based enterprise software startup Bitium which raised $6.5 million, a statement about the funding said.

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Anytime Fitness secures investment from Roark Capital Group

Co-ed fitness franchise Anytime Fitness has received an equity investment in private equity firm Roark Capital Group, a statement about the funding said. Terms of the deal were not provided.

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Pimco Total Return Fund beat 29pct of peers last month

The Pimco Total Return Fund lagged behind 71% of its peers in February after rebounding from an annual loss of 1.92% last year, Reuters reported.

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People, not PCI standards, cause data breaches

The said failure of PCI standards is not the reason why payment card data breaches are taking place. Rather, it's the attitude of the people, according to Christian Janoff, a Security Solution Architect of Cisco Systems, in his VentureBeat guest post.

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Kickstarter to hit the $1B mark soon

Kickstarter will most likely surpass the $1 billion mark pledged for the crowdfunding projects launched on the site in the next few days, TechCrunch reported.

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ExitTicket Student Response System is bought by EdStart.com

ExitTicket, a student response system designed by Dr. Louise Walters and rolled out last year, was acquired by EdStart.com from Leadership Public Schools, a statement about the acquisition said.

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Mashable closes Series A round with $14M

Mashable completed its Series A funding round with $14 million. The round was closed with an investment from Tribune Digital Ventures, a statement about the financing revealed.

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InteraXon CEO denies rumors of Google acquisition offer

Ariel Garten, the Co-Founder and Chief Executive Officer of InteraXon, belied rumors that Google Co-Founder Sergey Brin made her an offer to purchase the startup.

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16 of 23 companies purchased by Apple in past 16 months identified

Technology-focused news website VentureBeat searched for and found official documentation confirming 16 of the 23 companies that California-based technology giant Apple purchased in the recent past.

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Google's $6.8M donation to Free MUNI for Low-Income Youth program sets example for other tech firms

The gift of $6.8 million from search giant Google to San Francisco for its Free MUNI for Low-Income Youth program is one way that the tech industry can help the city deal with its gentrification problem, TechCrunch reported.

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Electronic cigarette maker NJOY gets $70M in private funding round

E-cig maker NJOY secured $70 million from Brookside Capital and Morgan Stanley Investment Management in a private round, The New York Times The Dealook reported.

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