Magic Leap Inc, a company that VentureBeat reported as being into "some hardcore science-fiction type stuff" has secured $50 million to successfully close its first funding round.
Series A
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Apartment List, an online rental marketplace, was able to raise an additional $6 million in financing in a follow-on round led by Glynn Capital and Passport Capital, TechCrunch reported.
Renowned technology innovators invested $5 million to close the latest funding round of San Francisco-based mobile technology firm Apportable, bringing to $7.4 million total funds raised to date.
San Francisco, California-based mobile speaker company Boombotix pocketed $4 million in a funding round led by both new and previous investors to develop its audio products and enhance its marketing strategies.
San Francisco, US-based reading app FarFaria raised $3.25 million in a Series A funding round led by Inventus Capital Partners to launch a children's subscription book service for the iPad.
Atomic Reach, a platform that enables its clients to reach their target audience by measuring the quality and readability of content, has raised $4 million in funding so far, TechVibes reported.
Palo Alto, US-based legal search and analytics startup Ravel Law raised $8.1 million in funding to build a tool that will help lawyers cut research time and cut costs, according to an exclusive report by VentureBeat.
BTC China, the biggest bitcoin exchange in the world, has begun allowing users to buy the digital currency using Chinese yuan again, just a month after it halted renmibi deposits because of a bank warning.
Enigma, a search and discovery platform for public data, was able to raise $4.5 million for its Series A round led by Comcast Ventures and supported by other investors.
Female focused Australian angel investor network, Scale, has invested $655,000 in Paloma Mobile. This is the first investment of the angel network founded by women, Business Insider Australia reported.
San Francisco, California-based credit card wallet Coin is currently raising around $15 million in a Series A financing round, according to several sources knowledgeable on the situation.
Sameer Gehlaut, the Chairman and Co-Founder of Indiabulls Group, backed stealth mobile messaging and social networking startup MyActivityPal Inc with a $5 million investment for its Series A found.
Fitmob, the fitness startup founded by Raj Kapoor and Paul Twohey, has just obtained financing worth $9.75 million to redefine the workout experience, TechCrunch reported.
Berlin, Germany-based multi-mode travel search engine GoEuro received millions in investment in a post-seed funding round from Lakestar to expand its market footprint beyond the UK, Germany, and Spain.
San Francisco, US-based insurance broker Zenefits raised $15 million in funding to improve the development, sales, and marketing of its product that makes administrative tasks easier.
