VCPOST Staff Reporter

British cross-border payments startup The Currency Cloud raises $10M in funding

London, UK-based cross-border payments startup The Currency Cloud raised $10 million in a Series B funding round to make international payments smoother and more transparent.

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New York men's shoe retailer GreatsBrand scores $1.5M in seed funding

Brooklyn, US-based men's shoe retailer GreatsBrand scored $1.5 million in a seed funding round led by Resolute Ventures to restock its inventory of affordable shoes and continue building its brand.

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Boston food ordering platform ezCater scoops up $4M to beef up catering service

Boston, US-based food ordering platform ezCater scooped up $4 million in a funding round from several investors and high-net worth individuals to beef up its online list of food caterers around the country.

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Oregon marketing automation firm Act-On lands $42M in funding for growth

Beaverton, US-based marketing automation software vendor Act-On landed $42 million in its fifth funding round led by Technology Crossover Ventures (TCV) to fuel its growth.

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British social TV app Zeebox rebrands itself as Beamly

In a bid to expand its user base and retain loyalty, London, UK-based social TV app Zeebox rebranded itself as a new app called Beamly which now has enhanced social functionality and content discovery range.

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Google agrees to acquire US drone maker Titan Aerospace to bring Internet to more people

US-based search giant Google agreed to acquire Moriarty, New Mexico-based solar-powered drone maker Titan Aerospace for an undisclosed amount for Project Loon, an initiative that aims to bring the Internet to currently offline places of the world.

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Paycom prices New York IPO below expected range

Oklahoma City, US-based human resources (HR) and payroll tech firm Paycom priced its initial public offering (IPO) on the New York Stock Exchange at $15 per share, which is below the $18 to $20 range expected by analysts.

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California healthy snack startup NatureBox raises $18M in Series B funding

San Carlos, US-based healthy snack startup NatureBox raised $18 million in a Series B funding round led by Canaan Partners to expand the snack choices it delivers to its consumers.

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Capcom pours $78M into construction of two new R&D facilities in Japan

Osaka, Japan-based video game developer and publisher Capcom Co Ltd poured $78 million into the construction of two new research and development (R&D) facilities near its headquarters in a bid to gain more traction in the industry.

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US venture capitalists breaks fundraising record in 2014's first quarter

Venture capital firms in the US have raised a record-breaking total funding amounting to $8.9 billion in the first quarter of 2014, according to Thomson Reuters and the National Venture Capital Association.

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Swedish startup Quixter uses hand-scanning device for payment transactions

Lund, Sweden-based biometric identification startup Quixter designed a vein scanning device that lets retail customers complete payment transactions by swiping their hands instead of credit cards.

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Asian Paints picks up 51pct stake in Ethiopian paint maker Kadisco

Mumbai, India-based decorative and industrial paint manufacturer Asian Paints (International) Ltd picked up a 51% stake in Ethiopia-based paint maker Kadisco Chemical Industry PLC for an undisclosed amount.

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American golf products maker Dynamic Brands buys Canadian firm Riksha Golf

Henry County, US-based golf products maker Dynamic Brands Inc bought Calgary, Canada-based golf cart and accessory maker Riksha Golf Inc for an undisclosed sum to expand its portfolio of products.

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China Haidian acquires London-based Swiss watch seller Dreyfuss in all-share deal

Kowloon, Hong Kong-based investment firm China Haidian Holdings Ltd acquired London, UK-based Swiss watch retailer The Dreyfuss Group in an all-share deal that will see the Dreyfuss brands expand into Asia.

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Australian service marketplace Freelancer to add American firm Warrior Forum in $3.2M cash deal

Sydney, Australia-based outsourcing and service marketplace Freelancer will add US-based internet marketing forum Warrior Forum in a deal valued at $3.2 million in cash to provide an Internet business platform for its users.

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