VENTURE CAPITAL POST

France-based, Bunkr, a free video presentation creator, raised $1.4 (€1 million) today from sole investor Idinvest Partners.

Peel launches new redesign of app today, which specializes in conversations around your favorite TV show on social media like Twitter.

London, UK-based music streaming startup Bloom.fm announced via Twitter that it shut down right after it was banned from Apple's ad network and its sole investor, Russian TV channel TNT, pulled its fundings.

Sprinklr has reaped $40 million Series D investment from financiers including Iconiq Capital, Battery Ventures and Intel Capital which brings the total funding for the startup to $77 million.

CEO and co-founder Pat Kinsel of Spindle has become a partner at venture capital firm Polaris after he successfully sold Spindle to social microblogging site Twitter, gaining him the title of "entrepreneur in residence."

Two coincidental events took place as Weibo executives rejoiced the warm welcome it received from the international financial markets after its IPO on the NASDAQ and the release of venture capitalist and Weibo user Charles Xue.

AngelPad has been rearing startups prior to their public debut and today, during its Spring Demo Day, the company would launch 11 startups to a roomful of investors, techies and the media.

Durham, US-based social media marketing startup Argyle announced through an email to its customers that it will shut down its operations on May 31 because it couldn't compete anymore with its rivals in the industry.

BEAVERTON, OR--(Marketwired - Apr 15, 2014) - Act-On Software, the leading marketing automation provider for small and mid-market enterprises, today announced it has secured $42 million in new venture financing. Technology Crossover Ventures (TCV) led the round, with existing investors Norwest Venture Partners, Trinity Ventures, US Venture Partners, and Voyager Capital also participating. Act-On will use the new capital to accelerate its business on all fronts, including new product development, sales expansion, and brand recognition.

Twitter has acquired social data provider Gnip, enabling the microblogging site to sell its bulk data without engaging services from a middle man, reported TechCrunch.

In a bid to expand its user base and retain loyalty, London, UK-based social TV app Zeebox rebranded itself as a new app called Beamly which now has enhanced social functionality and content discovery range.

Twitter executives said that they had no plans to sell their holdings in the social media platform, reported Bloomberg.

Former Amazon Web Services executive Alyssa Henry joins Square Inc., a crucial move following the company's announced public debut within this year.

NEW YORK, NY and SHANGHAI, CHINA--(Marketwired - Apr 8, 2014) - BRIC Language Systems, shortly after entering the translation services industry, has been successful in securing a major account in PrivCo - Private Company Financial Intelligence founded by Sam Hamadeh. PrivCo has been cited thousands of times in international media for research done on IPO's such as Twitter, Weibo, and Candy Crush. First up on the radar for PrivCo, is the IPO of Chinese technology giant Alibaba.

Digital startups had been suffering the crippling effects of the social media outlets ban in Turkey, reported Venture Beat.