Tags: US

Executives of New York Bitcoin startup arrested for alleged money laundering

Charlie Shrem and Robert Faiella, both executives of New York-based Bitcoin exchange business BitInstant, were arrested for money laundering in connection to the illegal drug transactions on an online black market, according to the Manhattan US attorney.


Massachusetts analytics firm Health Catalyst secures $41M in Series C funding

Massachusetts, US-based data warehousing and analytics firm Health Catalyst secured $41 million in a Series C funding round from existing investors to develop more clinical applications.

US crowdfunding site Dragon Innovation incorporates seed funding in campaigns

Massachusetts, US-based crowdfunding platform Dragon Innovation will start offering another $100,000 in seed funding to any project that can raise a minimum of $1 million in its campaign.

Orlando-based online code school Startup teaches users iOS design

Orlando, US-based online interactive education startup Treehouse launched a new course that aims to teach beginners how to create and design iPhone apps through tutorials and tests.


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Bangalore, India-based cloud-based video infrastructure operator Turtle Yogi Technologies raised between $250,000 and $350,000 in a seed funding round led by venture capital firm Blume Ventures, to build on the sales of its flagship product 1Click.io.
Missouri, US-based biotech startup Modern Meadow is the process of opening a facility in New York to promote lab-grown leather and in-vitro meat to fashion firms and restaurants in the area.
The US Secret Service confirmed that it is investigating a potential data security attack at Texas-based arts and crafts retail chain Michaels Stores, which alerted its customers to check credit account statements for fraudulent charges.
New York-based television agency Peleton Entertainment bought Todd Berger's consulting firm Creative Media for an undisclosed amount to expand into animation, branded entertainment, and feature film.
New York, US-based real estate services and investment firm Kennedy-Wilson Holdings Inc purchased Victory Plaza retail center and its neighboring 2.4-acre land in Los Angeles, California for a total of $30 million in debt.
After two years of operation, California, US-based virtual gaming startup Cloud Party has been acquired by Yahoo for an undisclosed amount and will shut down on February 21, 2014.
American firm STOPit launched a mobile app that functions as a tool that students, parents, and schools can use to fight cyberbullying and report an incident to school officials, authorized adults, or law enforcers.
The co-founders of Bangalore, India-based offline search engine Innoz are seeking $500,000 in seed funding to build a rival app for Jelly which will target the US market.
Chicago, US-based startup WebCurfew created a device that helps parents monitor and control their children's online usage through an on/off switch for individual devices from their home's router.
Chicago, Illinois-based tutoring marketplace WyzAnt acquired New York-based Tutorspree, a fellow marketplace competitor, that has been closed down since September 2013, for an undisclosed amount.
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