DocSend received a new investment round totaling in $8 million to enhance its service on documents sharing and documents analytics. The startup has been focusing in documents as the core of most business deals.
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InstarAGF Asset Management announced the initial closure of its C$372 million fundraising for InstarAGF Essential Infrastructure Fund. The fund aims to purchase power, social and civil infrastructure assets and amenities with ecological downside protection.
Fenox Venture Capital has been ordered by the Department of Labour to pay over $300,000 as back wages for workers, wrongfully named as interns. The company promised to avoid such practices in the future.
Gary Le Sueur, an expert venture capitalist, has been appointed as director of Inspiring Scotland’s board. Gary's experience coupled with his desire to utilize venture capital-skill for social cause will enable the company to boost its ability to deliver the highest return on investment.
China has prepared a draft law for charities to register directly with the government, making it easier for them to raise funds and gain tax exemptions, while allaying public concern over the way they are run, following some high-profile scandals.
Alibaba invested $215 million in the newest round for Tango while previous investors poured $65 million in the latest $280 million round for mobile messaging network Tango, VentureBeat reported.
Platfora, a big data analytics software platform, has secured $38 million for its latest funding round led by Tenaya Capital and participated in by other investors, TechCrunch reported.
Cloudera, the company that provides enterprises with the first unified big data platform, secured $160 million from T. Rowe price, Google Ventures and MSD Capital, TechCrunch reported.
MuleSoft obtained $50 million for its most recent financing round led by NEA, Lightspeed Venture Partners and Meritech Capital Partners, a statement about the funding said.
ComputeNext, a cloud brokerage services provider, has secured $4 million of a planned $10 million fundraising round, VentureBeat reported citing a Securities and Exchange Commission filing.
ProspX has raised $1.9 million of a $2.4 million funding round, VentureBeat reported citing a regulatory filing it submitted to the US Securities and Exchange Commission.
Magisto, the New York-based startup that provides automatic video editing services, has bagged a $2 million investment from Russian Internet firm Mail.ru Group, VentureBeat reported.
Shazam, a London-based music and television tagging service, is rumored to be raising a $20 million funding round, a VentureBeat report said citing a Re/code report.
Strapped for cash, schools in Houston, Texas are slowly turning to crowdfunding sites like donorschoose.org to get needed funding for their supplies and equipment, the Associated Press reported.
The private equity industry worldwide was able to reach $431 billion in fundraising last year, an increase of 13% from the funds raised in 2012, a Preqin study revealed.