Nokia Growth Partners led the Series B round for China-based online food service platform Meican.com which raked in $10 million, a statement about the funding said.
Nicel Jane Avellana
What3words, the startup that seeks to provide three-word strings to map a location, has added $1 million to its seed financing round participated in by undisclosed investors, TechCrunch reported.
Colonoscopy system maker Invendo Medical was able to secure $28 million for its latest funding round led by new backer Xeraya Capital, a statement about the funding said.
Corning Inc led the $34 million Series B funding round for Cambridge, Massachusetts-based medical device maker NinePoint Medical Inc, a statement about the funding said.
San Francisco-based YouNoodle obtained $1.1 million in its latest funding round. The financing came from VegasTechFund, Lars-Henrik Friis Molin and the Amicus Group, TechCrunch reported.
Activist investor Carl Icahn has suggested a partial spinoff of payments platform PayPal from eBay. This time, he is suggesting a 20% IPO of PayPal, VentureBeat reported.
Chatwala, a New York-based messaging app startup that puts users in control of conversations, has secured $625,000 from individual investors for its seed financing round, VentureBeat reported.
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 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.
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.
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.
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.
The recent drawbacks faced by Bitcoin has not deterred investors from continuing to support and make investments in ventures related to the crypto-currency, TechCrunch reported.
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