One Medical Group receives USD40 million investment

One Medical Group has received a USD40 million investment led by Redmile Group, led by Redmile Group and other previous investors of the company

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Photo-sharing service Snapchat raises $50 million

Snapchat, the mobile photo-sharing service beloved by teenagers and twenty-somethings, has raised another $50 million, according to a Securities and Exchange Commission filing made Wednesday.

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US venture capital firm Benchmark closes eighth fund with USD425 million

California-based venture capital firm Benchmark has closed its eighth fund with a total of USD425 million, according to a US Securities and Exchange Commission (SEC) filing.

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Dropbox seeks USD250 million in third funding round

San Francisco-based Dropbox said that it targets to raise USD250 million in its third funding round. If successful, this would give the web storage company a valuation of more than USD8 billion.

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Online Shopping startup Stitch Fix gets USD12 million in Series B funding round

Stitch Fix founder and CEO Katrina Lake told Techcrunch in an interview that the additional USD12 million funding would go towards keeping up the organic growth of the online shopping startup.

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Financial benchmark reform might fall short on implementation

A global blueprint that was supposed to eradicate manipulation of benchmarks was expected to stumble due to patchy implementation.

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