Atlanta, US-based security software provider Damballa pocketed $13 million in venture funding from its existing investors to beef up its sales force and support its growth campaign in North America.
Venture Capital
Quibb to close $750k funding round
Quibb has announced receiving $650k seed funding from investors which would be added with another $100k round through Alphaworks, a crowdsourced equity exchange platform.
US cybersecurity firm HackSurfer bags $3.5M in funding to beef up software protection
Maryland, US-based software cybersecurity firm HackSurfer bagged $3.5 million in a recent funding round to provide better cloud-based enterprise data protection for its customers from both private and government sectors.
Merus Capital receives $50 mln funding round for two new funds
Merus Capital received a $50 million funding round referred to as 4.0x net for two new funds including Merus Capital Opportunity Fund and Merus Capital II.
Russian calorie measuring device from HealBe smiles at over 1 mln from Indiegogo.com
St. Petersburg-based HealBe engages crowdfunding goers at Indiegogo.com for GoBe earning $1,084,311 Tuesday, with the original goal set at $100,000.
Latest News
Santa Monica, US-based music streaming service Beats Music is looking to raise between $60 million and $100 million in a new funding round in a bid to keep up with bigger rival Spotify, as the Beats Electronics spin-off failed to attract the targeted number of subscribers since its January launch.
AdRoll has taken in USD70 million Series C funding round led by Foundation Capital and other new and existing investors including Institutional Venture Partners, Glenmede, Northgate Capital, Performance Equity, Peter Thiel, Merus Capital and Accel Partners.
US-listed fund manager Carlyle has invested USD698 million to the sub-Saharan Africa region aiming to focus in the consumer, transport, ICT and financial sectors and adding to J&J Africa, its current investment in the country.
Beijing, China-based travel and expense management services provider Baoku pocketed $10 million in its Series A funding round led by China Broadband Capital (CBC) and Asiainfo-Linkage to help people reduce their travel costs by 20% to 50%.
Keona Health, a Chapel Hill, US-based health tech startup that created software that helps nurses save time by taking patient histories and classify cases online, bagged $2.5 million in funding to accelerate its growth.
HS Group Ltd (HSG) will invest an undisclosed amount in Pleiad Investment Advisors, a new hedge fund in Hong Kong formed by former Soros Fund Management executives Kenneth Lee and Michael Yoshino, which will be launched in the third quarter of 2014.
Singaporean sovereign wealth fund Temasek Holdings (Private) Ltd backed chocolate retail chain The Cocoa Trees with an undisclosed amount of fresh capital as the travel retail sector of Asia enjoys a sudden rise in income.
Singapore City, Singapore-based same-day hotel booking app In2Nite raised $2.8M in a venture round led by IDG Ventures and other undisclosed investors to expand its reach across the Asian market.
Seattle, US-based entrepreneur Liz Havlin is set to launch a crowdfunding campaign via Kickstarter to raise $30,000 to develop a 3D printer called the Legacy that uses recycled colored plastic as ink.
