VENTURE CAPITAL POST

Index Ventures, known for funding Skype, Dropbox and Candy Crush Saga online game is starting a new biotech venture capital firm named Medicxi Ventures. GlaxoSmithKline Plc. and Johnson & Johnson have funded $230 million to Medicxi Ventrue and would reportedly contribute 25 percent of the investment.

Aircall said that it has raised about $2.75 million in a seed funding round. The funding was headed by Balderton Capital, followed by FundersClub and US-based angels.

Skype aims to help users be more productive with the two new features for Skype for Android. With these new features, users can easily schedule calls and open Office files. Microsoft has been improving their apps, including its popular Skype to perform better in various platforms.

Skype has finally announced the addition of its long-awaited feature - free group video calls. This will be available for all Android, Windows and iOS mobile phones. The application is said to support around 25 participants in a group video call.

It is to everyone's knowledge that there is a growing demand for virtual reality technology in the global market. It has enabled many tech-oriented companies to step up the ladder to acquire the technology to upgrade their sales and reputation, Apple being one of them.

Microsoft Corp surprised the tech world on Wednesday with a prototype hologram visor that can bring the Minecraft video game, Skype calls and even the landscape of Mars to three-dimensional life.

Hewlett-Packard Co has taken a modest step toward re-imagining the venerable personal computer, merging a 3D scanner and projector with an all-in-one PC to create a $1,899 ensemble it hopes can rekindle industry interest.

Venture capitalist Marc Andreessen said he was quitting EBay Inc's (EBAY.O) board following the online retailer's decision last month to spin off its electronic payment unit, PayPal.

Undo Software has received a third round of investment worth $1.25 million led by the co-founder of Skype Jaan Tallinn and existing investors in the company including the Cambridge Angels.

Dublin, Ireland-based global communications services firm WPP Digital picked up a majority stake in London, UK-based digital consultancy firm Cognifide for an undisclosed sum in a deal that will deliver mutual benefits to both companies.

Redwood City, US-based video streaming service Qik will shut down on April 30 after its features have been integrated into Skype, which acquired it for $150 million three years ago.

Redmond, US-based software giant is losing two of its top executives: Former Skype chief Tony Bates and marketing head Tami Reller, according to a report by tech news site Re/code.

Japan-based mobile messaging app Line will launch an open sticker marketplace called Line Creators Market in April and will also release a Skype-like service in five countries.

Tech giant Microsoft invested $15 million in location-based social networking app Foursquare and inked a licensing deal to use the latter's places database in their products and services.

Madrid, Spain-based Wi-Fi sharing company Fon nabbed $14 from broadband chip maker Qualcomm Ventures to develop a new device that enables users to share music and broadband signals.