Documents Analytics Startup DocSend Secured $8 Million in Series A to Enhance Documents Sharing

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 closes initial fundraising of C$372 million for new infrastructure fund

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.

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Fenox Venture Capital Firm pays backwages, defends Internship Program as source to recruit fresh talents

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.

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Inspiring Scotland appoints Gary Le Sueur to board

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.

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China charity law set to boost public trust in charities

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.

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Alibaba pours $215M in Tango's $280M Series D round

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.

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Tenaya Capital leads $38M round for big data firm Platfora

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.

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Cloudera bags $160M in new funding round

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.

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San Francisco-based integration platform MuleSoft secures $50M

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.

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Cloud tech firm ComputeNext secures $4M from angel investors

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.

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Austin, Texas-based ProspX bags $1.9M of $2.4M funding round

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.

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New York-based Magisto picks up $2M from Russia's Group

Magisto, the New York-based startup that provides automatic video editing services, has bagged a $2 million investment from Russian Internet firm Group, VentureBeat reported.

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London-based Shazam said to be raising $20M in a new funding round - report

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.

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Short on funds, schools in Houston looking for donors through crowdfunding- report

Strapped for cash, schools in Houston, Texas are slowly turning to crowdfunding sites like to get needed funding for their supplies and equipment, the Associated Press reported.

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Global private equity fundraising reaches $431B in 2013

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.

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