Waltham, Massachusetts-based data security firm Verdasys landed $12 million in a new venture round for its market and product expansion as it named former McAfee executive Kenneth Levine as its new Chief Executive Officer (CEO).
Sectors
Invendo Medical closes $28M for recent funding round led by Xeraya Capital
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.
German app crowdtesting startup Testbirds picks up €2.1M in Series A funding
Munich, Germany-based app crowdtesting startup Testbirds picked up €2.1 million in its Series A funding round led by Seventure Partners for its expansion across Europe.
NinePoint Medical Inc secures $34M in Series B funding round
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.
Ibibo purchases Indian bus-tracking startup YourBus
Gurgaon, India-based e-commerce firm Ibibo Group purchased Bangalore-based online bus tracking and analytics startup YourBus for an undisclosed sum to integrate the latter's tracking function into its travel services.
Latest News
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.
Palo Alto, US-based late-stage investment firm Technology Crossover Ventures (TCV) raised $2.23 billion for its eighth growth equity fund from European and Asian private and public pension funds, financial institutions and other investors.
Facebook Secutiry Director Ryan McGeehan annouced that he is leaving in early April to take a security-related position at San Francisco, US-based Bitcoin startup Coinbase.
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.
Portland, US-based startup PayRange was launched by former VendScreen chief Paresh Patel to offer a simpler way of making mobile payments using a device that can be easily installed in vending machines.
Oregon, US-based wedding planning site WedBrilliant wants to give brides-to-be a simpler way of finding wedding vendors by functioning as an online one-stop shop for them.
Sydney, Australia-based e-commerce startup Bigcommerce is expanding to the US with a new office in San Francisco and will go on a two-month hiring spree in search of 40 new engineers.
