VENTURE CAPITAL POST

Mountain View, US-based health startup Lark stepped away from hardware with the launch of its new personal health coaching app on Samsung's Galaxy S5 model.

DigitalOcean, the cloud-hosting site built for developers, obtained $37.2 million in fresh funding in a round led by Andreessen Horowitz and joined in by IA Ventures and CrunchFund, VentureBeat reported.

CrunchFund, the San Francisco, US-based venture capital firm co-founded by Michael Arrington, is raising $40 million for its second early-stage investment fund, according to a regulatory filing.

In its first acquisition, US-based journalism startup Byliner purchased mobile developer Seesaw Decisions for an undisclosed amount, but has not yet confirmed its plan for Seesaw.

Branding Brand was chosen by investors to develop a mobile commerce platform for retailers.