California social media startup Banjo lands $16M in Series B round

Redwood City, US-based social media startup Banjo landed $16 million in a Series B funding led by Balderton Capital to fund its growth, international expansion, and product development.

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US-based micro investing app Acorns raises $5.5M in Series B funding

Newport Beach, US-based micro investing app Acorns raised $5.5 million in a Series B funding round led by Jacobs Asset Management to let people invest in index funds using their spare change.

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LiveNation Labs adds US social search startup YourTrove to deliver improved concert experience

Los Angeles, California-based concert and ticketing digital unit LiveNation Labs added San Francisco-based social search startup for an undisclosed amount to deliver improved concert experience for music fans.

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In-Q-Tel picks up stake in US-based data prep firm Paxata

Arlington, US-based intelligence community investment arm In-Q-Tel (IQT) picked up a stake in Redwood City, California-based analytics data preparation firm Paxata for an undisclosed amount.

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Sean Parker breaks off from American venture firm Founders Fund

Sean Parker, the first president of Facebok, broke off from California, US-based venture capital firm Founders Fund as a partner to devote more his time to his new projects.

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Follett backs California software startup ShowEvidence

River Grove, Illinois-based educational firm Follett Corp invested an undisclosed amount in Santa Clara, California-based software startup ShowEvidence through its venture fund Follett Knowledge Fund.

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Yahoo snaps up automated graphic design startup Vizify

Sunnyvale, California-based Internet giant Yahoo snapped up Portland, Oregon-based automated graphic design startup Vizify for an undisclosed amount as part of its on-going acquisition spree of design-focused startups.

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US Internet provider FreedomPop introduces fully encrypted smartphone Privacy Phone

California, US-based Internet provider FreedomPop introduced Privacy Phone, a smartphone that promises fully encrypted voice and text communications that costs $10 a month and can be purchased using Bitcoin.

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California's ioSafe lands $2.5M in funding for indestructible external hard drive

Auburn, US-based disaster-proof hardware maker ioSafe Inc landed $2.5 million in funding to expand its indestructible external hard drives into network attached storage market for safer data storage.

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US real estate marketplace nabs $50M investment from Google Capital

Irvine, California-based real estate marketplace nabbed $50 million in investment from the newly launched growth equity fund Google Capital for its expansion and marketing campaigns.

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US stock photo agency Shutterstock to acquire WebDAM

New York, US-based stock photography agency Shutterstock is acquiring San Mateo, California-based digital asset management software maker WebDAM for an undisclosed amount to widen its market reach.

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California analytics startups Reflektion scores $8M in second financing round

San Mateo, US-based predictive analytics startup Reflektion scored $8 million in its second funding round led by Intel Capital and Nike to ramp up its sales and marketing activities.

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Apple to release improved Touch ID fingerprint recognition feature

California, US-based electronics giant Apple is currently working on a software update that will improve the fingerprint recognition ability of its Touch ID system, based on a report by AppleInsider citing a source familiar with the situation.

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Netflix-Fitbit hack auto-pauses movie when watcher falls asleep

Engineers of California, US-based on-demand Internet streaming service Netflix hacked a Fitbit activity tracking device and activated a feature that auto-pauses the video when the watcher falls asleep and allows him to resume watching when he wakes up.

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US-based fitness monitor Moov attains $40K crowdfunding target in 90 minutes

California, US-based next generation fitness tracking device Moov attained its $40,000 target within just 90 minutes and will begin shipping the pre-ordered product by summer this year.

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