Tags: UK
British music app Bloom.fm shuts down after investor pulls funds
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.
London security firm CertiVox scores $8M in Series B financing
London, UK-based security firm CertiVox scored $8 million in its Series B financing from new investor NTT Docomo Ventures and previous backer Octopus Investments to expand its software-based alternative authentication platform.
Amadeus picks up $4.5M stake in Brazilian insurance broker Bidu
London, UK-based venture capital firm Amadeus Capital picked up an undisclosed stake in Sao Paulo, Brazil-based online insurance broker Bidu.com for $4.5 million to take advantage of the growth in emerging markets.
UK retail chain Poundstretcher shells out $1M to branch out to Zambia
Huddersfield, UK-based retail chain Poundstretcher shelled out $1 million to branch out to Zambia as it begins to beef up its presence in Africa and establish its name as an international brand.