In a first app merger in the wine sector, San Francisco, US-based wine app Hello Vino purchased wine-focused photo-sharing app Corkbin for an undisclosed amount.
Tags: US
San Francisco jury piles more fraud charges on Motionloft founder
After being arrested last month for fraud charges, Motionloft founder Jonathan Mills was indicted by a San Francisco grand jury for wire fraud and money laundering and is facing 30 years in jail.
Indian fabric firm Arvind closes acquisition of 49pct stake in Calvin Klein India for INR100 crore
India-based fabric and clothing firm Arvind closed the acquisition of a 40% stake in Calvin Klein India from the Murjani Group and Matrix Partners in a deal valued at INR100 crore, according to sources familiar with the deal.
US-based domain registrar GoDaddy prepares to go public
Arizona, US-based Internet domain registrar and web hosting service GoDaddy Group Inc is preparing for an initial public offering (IPO) less than three years after it was sold for $2.25 billion, according to sources familiar with the situation.
San Francisco startup studio Expa raises $50M in funding
San Francisco, US-based startup studio Expa, which was created by Uber founder Garrett Camp, raised $50 million in funding from big-time investors to provide seed funding for startups.
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Santa Monica, US-based events planning mobile app Klutch scored $1.5 million in a funding round led by LaunchpadLA to help people plan get-togethers and socialize offline.
San Francisco, US-based digital music service Rdio picked up troubled Chennai, India-based music streaming startup Dhingana for an undisclosed sum as part of its strategy for international expansion.
San Francisco, US-based educational analytics startup BrightBytes pocketed $15 million in a Series B funding round led by Bessemer Venture Partners to help schools identify learning gaps in their systems.
San Francisco, US-based on-demand transportation startup Lyft announced that it will add more coverage to its ride insurance to include the time that drivers are not actively driving passengers.
Illinois, US-based specialist packaging supplier Arpac added New York-based conventional palletiser manufacturer Lambert Material Handling for an undisclosed amount to increase its portfolio of packaging solutions.
San Francisco, US-based event ticketing startup Eventbrite scored $50 million in a funding round from Tiger Global Management and T. Rowe Price to fuel its international expansion plans ahead of a potential initial public offering (IPO) in 2014.
Mountain View, US-based 3D reconstruction firm Matterport is set to release a camera and technology that professional photographers and real estate firms can use to create 3D models of interior and outdoor spaces.
Newport Beach, US-based micro investing app Acorns raised $5.5 million in a Series B funding round led by Jacobs Asset Management to let people invest in index funds using their spare change.
Malaysian authorities denied reports that MH370 flight was tracked in Malacca Straight while Vietnam has dispatched a plane to investigate on an eyewitness report regarding a burning object in the sky east of the country.
