British music app Bloom.fm shuts down after investor pulls funds

London, UK-based music streaming startup Bloom.fm announced via Twitter that it shut down right after it was banned from Apple's ad network and its sole investor, Russian TV channel TNT, pulled its fundings.


British startup Evrythng raises $7 million

British startup Evrythng that aims to give all things in the world a unique URL has received $7 million Series A funding from Cisco which said that by 2020 the company would contain 50 billion "things."

US solar marketplace Geostellar secures $1M through equity crowdfunding

Reston, US-based online solar marketplace Geostellar secured $1 million through equity crowdfunding on the Return on Change platform to upgrade its business model and employ salespeople who will promote its services to US homeowners.

California startup PunchTab bags $6.25M in new funding to run loyalty programs for enterprises

Palo Alto, US-based analytics and SaaS (Software as a Service) startup PunchTab bagged $6.25 million in its recent funding round led by Mohr Davidow Ventures to run loyalty programs and promotions for its large enterprise clients.


Latest News

Kifisia, Greece-based petroleum and petrochemical gas products transporter StealthGas Inc raised $47 million through the sale of 4.47 million common shares at $10.50 apiece for its vessels purchases and other corporate purposes.
Budapest, Hungary-based startup Tresorit landed $3 million in its Series A funding round with Euroventures as lead investor to provide both convenience and security along with its cloud storage services.
London, UK-based security firm CertiVox scored $8 million in its Series B financing from new investor NTT Docomo Ventures and previous backer Octopus Investments to expand its software-based alternative authentication platform.
Djibouti has received $11 million grant from the European Union to help the country in looking for ways to solve the current problem in potable water and its scarcity of supply.
Moveline has raised $5.9 million Series A funding round from multiple investors including Tony Hsieh, Quotidien Ventures and ff Ventures Capital and the VegasTechFund.
Target has invested $100 million to secure its credit and debit card payment facility and changing the magnetic stripes feature to chip-and-PIN terminals after 40 million cards were hacked.
Cambridge, Massachusetts-based clean tech firm Ambri Inc raised $15 million in a new funding round from KLP Enterprise, Building Insurance Bern, and other investors to find a way to store renewable energy for grid operators.
DollarPhotoClub announced yesterday their plans to move into 13 new markets like Italy and Poland with over 11,000 subscribers.
FIH, a handset manufacturing service provider of Foxconn, poured $2.2 million into Singaporean social media site mig33 to help the latter preload its apps into tens of millions of mobile phones every month.
New York City, US-based online food ordering and delivery site Delivery.com launched in Hong Kong to take advantage of the lucrative food market and the busy corporate environment of the Asian country.