VENTURE CAPITAL POST

Berlin-based task management company 6Wunderkinder raised USD19 million in a Series B funding round to be used for the firm's expansion in the US and business development.

Proceeds from Zomato's recent USD37 million funding would go towards business expansion in 22 countries, chief executive Deepinder Goyal told TechCrunch.

A total of USD50 million in investment funding was received by mobile game developer Chukong Technologies from backers including GGV capital and Sequoia Capital.

The third quarter report of Dow Jones Venture Source showed a rise in venture capital activity in the technology sector.

In an announcement today, passenger travel search engine company Skyscanner announced that Sequoia Capital had placed investment commitments to the startup valued at USD800 million.

In its latest funding round, Okta raised USD27 million from investors headed by Sequoia Capital.

Hearsay Social, through investors Sequoia Capital and NEA, raised another USD430 million for its funding requirements.

Sequoia Capital and Spark Capital both invest in Zazma for USD10 million.

Sequoia Capital raises US$1.1 billion of funds from five new ventures in Israel, China and the United States.

Kovai Pazhamudir Nilayam revealed it is in advanced discussions with private equity firms to raise INR100 crore.

Quick Heal revealed its plans to go public next year.

Vini Cosmetics chairman, Darshan Patel, confirmed that his company is in advanced talks with Sequoia Capital in a bid to secure INR100 crore for expansion.

Seculert's anti-malware technology raised US$10M from series B round.

Trulia Inc said it expects to raise up to $100 million in its initial public offering.

Online money transfer service Xoom Corp is preparing for an initial public offering.