Based on four reports from PwC, RMG, Fastlane Ventures and East-West Digital News, the rapid growth of the Russian venture capital market has stopped, East-West Digital News reported.
Sectors
Hackers flood multiple Pinterest accounts with butt photos
In the latest news of social media hacking, multiple Pinterest accounts have been flooded with photos of butts, prompting warnings to avoid clicking on suspicious pictures until the security flaw is resolved.
TrueVault secures $2.5M in seed funding round
TrueVault, a healthcare app data security startup which launched recently from the latest Y Combinator class, was able to obtain $2.5 million for its seed financing round, TechCrunch reported.
Times Internet backs Indian mobile education startup GradeStack
Uttar Pradesh, India-based Internet network Times Internet backed Noida-based mobile education startup GradeStack with an undisclosed amount to turn mobile education into a social experience.
Intel to pour $15M into Israeli smarglasses startup OrCam
Intel Capital is planning to pour $15 million in funding into Jerusalem, Israel-based smartglasses maker to continue helping visually impaired people using the startup's product.
Latest News
Two weeks after receiving approval from the US bankruptcy court in Delaware, Brussels, Belgium-based chemical firm Solvay completed the acquisition of Pennsylvania-based electronics company Plextronics Inc to enhance its OLED (Organic Light Emitting Diodes) electronic display capabilities.
Less than 12 hours after Microsoft launched its Office for iPad, the apps ranked in the top three of the world's most popular free apps on the Apple App Store, VentureBeat reported.
Indian IT services giant Tech Mahindra may buy a large minority stake in Bangalore-bases social media analytics firm Simplify360 for an undisclosed amount in a bid to boost its social, mobility, analytics, and cloud services (SMAC) portfolio.
The Tokyo District Court has extended the deadline of the investigation on the reason behind the failure of Tokyo-based Mt. Gox to May 9, Reuters reported.
Marsa, Malta-based telephone and cable television services provider Go PLC agreed to purchase a 25% stake in Nicosia, Cyprus-based firm Cablenet Communications Systems Ltd for €12 million in convertible loan.
Journalists and news organizations are being targeted by hackers who are working for or supporting a government, according to two Google security engineers, Reuters reported.
The European Commission has partnered with iversity to create a provider network of European Massive Open Online Courses that would pay attention to web and app skills development, TechCrunch reported.
5AM Ventures and Lundbeckfond Ventures led the $16 million Series A round for scPharmaceuticals, a pharmaceutical firm that is establishing products for subcutaneous delivery, a statement about the funding said.
RuiYi Inc, a biotech firm based in California and China, has secured $15 million for its Series B funding round from its existing backers, a statement about the funding said.
