A recent survey by analytics company Worthworm found that 46% of Angel investors regretted the investments they made in 2013 because of overly optimistic financial projection and unrealistic pre-money valuations.
Branded mobile content company TextPride secured USD1 million in seed funding which will be used to launch the company's mobile stickers and emojis to mobile messaging apps.
Women-led venture capital firm Illuminate Ventures closed USD20 million as its first fund to invest in cloud data, big data, analytics, software-as-a-service, and enterprise mobility startups in North America.
Cloud storage provider Box, a rival of Dropbox, is raising USD100 million in new funding through a share sale that would value the company at around USD2 billion.
California-based home automation startup August secured USD8 million in a Series A funding round to be used to manufacture the company's flagship smart lock product.
US-based telecommunications giant CenturyLink acquired enterprise cloud service provider Tier 3 in a deal that improved the combined company's speed, security level, and product offerings.
California-based mobile security firm Mojave Networks raised USD5 million in a funding round led by Bessemer Venture Partners, to be used for its expansion and marketing efforts.
Russian millionaire and entrepreneur Yuri Milner recently led a Series B funding round for genetics upstart GenapSys for the commercialization of the company's genome-sequencing platform.
California-based company Selligy raised USD2.8 million in a Series A round to fund the integration of its customer relationship management (CRM) app with iPad and Android devices.
New York-based online shop and gadget developer Quirky scooped up USD79 million in a Series D funding round to be used for building more strange connected devices.
Popular photo sharing service Snapchat turned down a USD3 billion acquisition bid from social media giant Facebook, saying the company will not start considering offers until next year.
New York-based International Business Machines (IBM) bought mobile security firm Fiberlink Communications for an undisclosed amount to amp up its poorly-rated mobile device management (MDM) solution.
Health device innovator Scanadu recently raised USD10.5 in a Series A funding led by Relay Ventures for the development and marketing of its urine analysis tool for smartphones.
California-based bills payment and invoicing startup Bill.com picked up USD38 million in a new financing round led by Scale Venture partners and other former investors.
San Francisco-based alternative payday loans startup LendUp raised USD14 million in its first venture round led by Google Ventures to lend money to people with poor credit.
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