Allen & Co

US-based CRM startup RelateIQ bags $40M in Series C round

Palo Alto, California-based relationship management software startup RelateIQ bagged $40 million in its Series C funding round led by Redpoint Ventures which values the firm at over $200 million.

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TrueCar nabs $30 million from Paul Allen's Vulcan Capital

Car pricing information website TrueCar.com has received a $30 million investment from Vulcan Capital. Vulcan Capital is controlled by Microsoft Corp. co-founder Paul Allen and has been investing in Internet and technology firms.

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Under Armour acquires MapMyFitness for USD150 million

Baltimore-based sportswear retailer Under Armour Inc bought Texas-based fitness tech company MapMyFitness for USD150 million to achieve a better position in the digital sports product market.

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