US-based startup Snippit pockets $500K in seed round to launch an app that adds music clip to photos

San Francisco, California-based startup Snippit pocketed $500,000 in an internal family seed round to launch an app that lets users add a music clip to photos.

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San Francisco's uses crowdfunding to to push scientific research

San Francisco, US-based scientific research crowdfunding platform (formerly Microryza) opened its site to include independent scientists in the scientific communities that the firm supports.

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American mobile video ad startup Vungle snags $17M in Series B funding

San Francisco, California-based mobile video advertising startup Vungle snagged $17 million in a Series B funding round led by Thomvest Ventures to build monetization tools for developers of mobile apps.

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California-based restaurant reservation platform OpenTable acquires Ness in $17.3M cash deal

San Francisco, US-based online real-time restaurant reservation platform OpenTable acquired Palo Alto, California-based personalized recommendations app maker Ness Computing in a deal valued at $17.3 million.

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US music streaming service Pandora to push native ads in connected cars

Oakland, California-based music streaming service Pandora is planning to push native advertising to connected vehicles in a bid to boost the company's total revenue, as announced during the company's Q4 earnings call.

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California software startup Zendesk nearing IPO

San Francisco, US-based customer service software startup Zendesk is moving closer to an initial public offering (IPO) and has hired Morgan Stanley and Goldman Sachs to handle the transaction, according to a report.

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JMI Equity leads $38M venture round for Utah-based software firm AtTask

San Diego, US-based software investor JMI Equity led a $38-million Series D venture capital round for the expansion and development of Utah-based work flow management software company AtTask.

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San Francisco's Boombotix pockets $4M in funding to develop mobile speakers

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.

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YouTube founders' startup AVOS laying off majority of workforce -sources

San Mateo, California-based Internet startup AVOS Systems is laying off 80% of its workforce because of the lack of traction, according to sources familiar with the situation.

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CORRECTED-California's Elementum bags $44M in Series B round to track supply chain in the cloud

California, US-based enterprise software startup Elementum, a spinoff from Singaporean firm Flextronics International Inc, bagged $44 million in a Series A funding round led by Lightspeed Venture Partners for a cloud-based supply chain tracking software.

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JDS Uniphase buys Colorado-based software firm Trendium

California, US-based optical communications network product designer and manufacturer JDS Uniphase Corp (JDSU) bought Boulder, Colorado-based real-time intelligence software solutions provider Trendium for an undisclosed amount.

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McGraw-Hill Education purchases California online tool developer Engrade

New York, US-based education solutions provider McGraw-Hill Education purchased Los Angeles, California-based online curriculum tool developer Engrade for an undisclosed amount to meet the increasing demand for digital educational content.

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California-based startup Sqor raising $13M for sports-centered social networking platform

San Francisco, US-based sports-centered social networking platform Sqor raised over $4.4 million out of the targeted $13 million funding round ahead of a major platform update set to take place in February.

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California startup's growers platform OnFarm gains global recognition

Fresno, California-based agricultural startup OnFarm's growers integrated data platform gained global recognition when it competed in the IBM Global Entrepreneur of the Year Award in 2013 and was included in the top six finalists.

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California tech firm Tango crowdfunds smartphone-sized portable PC

California, US-based tech firm Tango launched a crowdfunding project on Indiegogo for its new portable computer, which is just the size of a smartphone and the capacity of a full quad-core Windows PC.

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