Needham, US-based digital video advertising distributor Extreme Reach pocketed $50 million in a venture round from Village Ventures, Greycroft Partners, Spectrum Equity, and Long River Ventures.
Sectors
White House reiterates support for net neutrality
In response to a petition filed on the online platform WeThePeople, the White House reaffirmed its backing for net neutrality in an official blog post written by Gene Sperling and Todd Park.
Mississippi's Cal-Maine Foods agrees to acquire remaining Delta Egg Farm interests for $17M
Jackson, Mississippi-based fresh eggs producer and distributor Cal-Maine Foods agreed to acquire the remaining 50% of the remaining interests in Utah-based Delta Egg Farms from Iowa-based Sunbest Foods for a total of $17 million.
Transcriptic bags $4.1M in total funding to automate scientific research in the US
Menlo Park, US-based scientific outsourcing startup and service provider Transcriptic bagged a total of $4.1 million in funding to introduce automation and robots into the process of scientific research.
YL Ventures-backed FireLayers gets out of stealth mode to provide cloud security tools
FireLayers, a cloud security startup backed by YL Ventures, has taken itself out of stealth mode. The startup provides tools that allow companies to securely use cloud applications.
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Aside from robbing income from original makers of content, piracy websites also make around $4.4 million annually from ads, according to a study published by Digital Citizens Alliance.
Tokyo, Japan-based Internet services company Rakuten Inc opened its first European research and development (R&D) facility in Paris, France, which is called the Rakuten Institute of Technology.
Israel said on Wednesday it was considering regulation of bitcoin and warned citizens that using such decentralized virtual currencies was risky.
Investors in Atlanta and the State of Georgia in general are now favoring angel, seed and Series A financing rounds more than later-stage deals, TechCrunch reported citing CrunchBase data.
Boston, US-based smart eyewear startup Laforge Optical launched a crowdfunding campaign on Indiegogo to raise $80,000 for the testing and app development for its fashionable smart glasses called Icis.
Pennsylvania, US-based language learning app Duolingo secured $20 million in a recent funding round led by Kleiner Perkins Caufield & Byers to conquer the Asian market and compete with other English-teaching services.
San Francisco, US-based delivery firm Postmates nabbed $16 million in Series B funding to help improve its mobile app and one-hour package delivery service within the area.
Menlo Park, US-based venture capital firm Mayfield Fund closed $108 million for its second fund which will focus on tech, consumer, and infrastructure startups in India.
Asian chat services KakaoTalk, LINE and WeChat threaten to overturn the mobile order of things, usurping the role of Google Inc, Apple Inc, Amazon.com Inc, Facebook Inc and telecoms carriers as gatekeeper to the consumer.
