Chicago, US-based digital interactive application developer elevate DIGITAL scored an additional $3 million in its Series A funding round from SFX Entertainment to expand into new markets.
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US venture capital firm Lightspeed closes $950M for new early-stage fund
Menlo Park, US-based venture capital firm Lightspeed Venture Partners (LSVP) closed $950 million for its new investment fund that will back early-stage companies in the consumer and tech sectors.
Google Glass strikes distribution partnership with Italian optical wear maker Luxottica
American Internet and tech giant Google struck a manufacture and distribution deal with Italian optical wear maker Luxottica for the future versions of its wearable Glass.
Cattle-focused wearable startup Silent Herdsman secures £3M in new financing
Silent Herdsman, the startup that has developed wearable technology to determine if cattle is in heat, has bagged £3 million in new funds from an investor syndicate, TechCrunch reported.
As Microsoft ends support for XP, financial firms look to Linux, Windows XP for ATMs
As Microsoft pulls out support for Windows XP next month, financial firms and ATM operators are now looking to Windows 7 and Linux to power their machines, TechCrunch reported.
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Pasadena, California-based kinetic desk maker Stir raised $1.5 million in a seed funding round led by Vegas TechFund and Zach Ware to scale up its production and distribution efforts.
Mayor Michael Nutter announced the five startups in Philadelphia that will each receive a $25,000 grant from the Commerce Department's Startup PHL Call for Ideas to promote entrepreneurship in the city.
After issuing a recall and full refund for the involved product, San Francisco, California-based fitness tracker maker FitBit is now facing a class-action lawsuit filed by a customer over the rash issue caused by the latest version of its Force fitness band.
Digital health company Augmedix announced that it was able to secure venture funding amounting to $3.2 million from DCM and Emergence Capital Partners, a statement about the financing said.
Sony unveiled a prototype hardware for the virtual reality headset it is working on for the PlayStation 4 which it calls "Project Morpheus," TechCrunch reported.
3D printing firm Zortrax is seeking to raise $3.5 million by issuing 10,000 unsecured bonds worth $329 each, carrying a 9% interest and to mature in three years, TechCrunch reported.
London, UK-based wearable tech startup HereO created a GPS watch with a kid-friendly and durable design that can help parents monitor their kids' location through the company's website or mobile app.
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.
Boston, Massachusetts-based cable television firm Layer3 TV raised $21 million in a Series A funding round led by North Bridge Venture Partners and Evolution Media Growth Partner.
