California's Oculus VR receives The Crunchie for being the Best Hardware Startup

Irvine, US-based startup Oculus VR took home the award for the Best Hardware Startup of the year during the 7th Annual Crunchies of TechCrunch for its breakthrough Oculus Rift VR headset.

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SmartThings raises USD12.5 million in Series A funding

SmartThings received USD12.5 million in a Series A financing round led by Greylock and Highland Capital for its hub that allows smart devices to communicate with each other.

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