VentureBeat

California-based API debugging tool provider Runscope nabs $6M in Series A round

San Francisco, US-based application programming interfaces (APIs) debugging and testing tool provider Runscope nabbed $6 million in its first funding round led by General Catalyst Partners to start selling its products.

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Silicon Valleys startup Tachyus lands $6M in funding to optimize oil and gas production

Silicon Valley, US-based tech firm Tachyus landed $6 million in a venture round led by Founders Fund to expand its workforce and use data to optimize oil and gas production.

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Chinese posture-correcting wearable device Giraffe Friend launches crowdfunding campaign on DemoHour

Giraffe Friend, a wearable device that reminds the user to correct bad posture to prevent backaches, launched a crowdfunding campaign on DemoHour and has already raised $14,000 (CNY87,527).

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Chinese messaging app WeChat releases image recognition to third-party users

Guangzhou, China-based mobile messaging app WeChat released its image recognition SDK (Software Development Kit) this week to allow third-party users to add the technology to their accounts.

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HP settles with DOJ for $108M over bribery and money laundering charges

Menlo Park, US-based printer giant Hewlett-Packard (HP) settled with the US Department of Justice (DOJ) and the Security and Exchange Commission for $108 million over the bribery and money laundering charges filed against it.

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US business intelligence firm Decisyon lands $22M in Series B round

Stamford, US-based collaborative business intelligence (BI) platform Decisyon Inc landed $22 million in its Series B financing led by Catalyst Investors to support its global expansion.

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American startup Fundbox nabs $17.5M in funding to help small businesses clear invoices within a day

San Francisco, California-based startup Fundbox emerged from stealth mode and nabbed $17.5 million in a funding round led by Khosla Ventures to help small and medium-sized enterprises get access to cash to clear their invoices within a day.

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San Francisco cloud service marketplace AppDirect nabs $35M in Series C funding

San Francisco, US-based cloud service marketplace AppDirect nabbed $35 million in its third funding round led by Mithril Capital Management to fuel its growth campaign.

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US startup Omada Health pockets $23M in Series B round to fuel digital weight loss program

San Francisco, US-based health-tech startup Omada Health pocketed $23 million in a Series B funding led by Andreessen Horowitz to fuel its digital weight loss program for diabetic people.

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Israeli startup Neura bags $2M in funding to connect devices in a single app

Herzliya, Israel-based connected device network Neura bagged $2 million in a funding round led by Greenhouse Capital Partners to connect several gadgets using one mobile app.

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US telecom firm ItsOn nabs $12.9M to make data plan more flexible

Redwood City, US-based telecommunications services provider ItsOn Inc nabbed $12.9 million in a new funding round to create flexibility in the data plan of its users and allow them to customize their usage according to their needs.

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Canadian social reading community Wattpad pockets $48M in Series C funding

Ontario, Canada-based social reading community Wattpad pocketed $48 million in its Series C funding from its existing investors to expand its workforce and develop its product.

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Uber to launch on-demand courier service in New York

San Francisco, US-based transportation network firm Uber will launch an on-demand courier service in Manhattan, New York tomorrow, according to an exclusive report by VentureBeat.

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British analytics firm Trak.io raises $150K in seed funding to track customer behavior

London, UK-based visual customer analytics firm Trak.io emerged from private beta and raised $150,000 in seed funding from Kima Ventures last August to track the behavior of startups' customers.

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YouTube files legal complaint against Turkey against social media ban

US-based video-sharing giant YouTube representative Gonenc Gurkaynak filed a legal complaint to the Turkish Consitutional Court against the ban that prime minister Recep Tayyip Erdogan issued against the service.

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