VENTURE CAPITAL POST

Amazon.com Inc snapped up live-streaming gaming network Twitch Interactive for about $970 million in cash, reflecting Chief Executive Officer Jeff Bezos' resolve to transform Amazon into an Internet destination beyond its core retail operations.

New York, US-based grocery delivery service Blue Apron is looking to raise $50 million in its Series C funding with Stripes Group as the lead investor to boost its growth and revenue.

Piazza, a social Q&A platform that connects students, teaching assistants and professors, has rolled out a new recruiting tool with the help of an additional $8 million from Khosla Ventures and Bessemer Ventures in a Series B round which quietly closed last year, TechCrunch reported.

California-based mobile security firm Mojave Networks raised USD5 million in a funding round led by Bessemer Venture Partners, to be used for its expansion and marketing efforts.

Alcresta announced that it had raised US$10 million to accelerate production and commercialization of its drug that helps cancer patients.