The social shopping app creator has secured funding from Formation 8 as it looks to expand beyond Europe and North America.
Month: April 2014
Vital signs strong for Sotera as it raises $20m
Sotera Wireless, a portfolio company of Intel Capital and Qualcomm Ventures, has secured $20m in a round that has taken its overall funding to $78m.
Cisco Canada to launch venture capital activities this year
Cisco’s Canadian arm will seek to boost the country’s IT innovation by providing funding to the sector.
Weebly valued at $455m as it raises $35m series C
The website building service will use the funding, provided by investors including Tencent, to branch out into new regions and enhance its R&D.
Advent feels the FinancialForce with $50m investment
Salesforce-backed FinancialForce.com has raised $50m in a round that will support its product, sales and marketing expansion.
Google basks in $250m SunPower solar fund
The search engine provider is committing $100m to the initiative, which represents its 16th clean energy investment.
Microsoft pledges $1m for Moscow University-based computer vision and big data research
Microsoft will seek to develop data visualisation and modelling through the investment.
Government IT fund partners with VCs and industry players to increase startup support
Corporates will benefit from the Rosinfocominvest initiative alongside venture capital firms.
InVisage captures $18m as Nokia and Intel chip in
The Nokia and Intel-backed company, which is developing an ultra-small high performance camera, has now raised more than $100m in total.
Aerpio to circulate $22m of new funding
Aerpio Therapeutics, a developer of drugs to combat vascular diseases, has raised $22m in a round featuring pharmaceutical company Novartis.
Perpetuuiti looks to avoid disaster with $20m funding injection
The Intel-backed business disaster software provider is reportedly seeking between $15m and $20m in order to expand geographically.
FICO buys technology of big data company Karmasphere
The US-based company, backed by investors including Softbank. has sold its technology to FICO for an undisclosed sum.
Rocket Internet launches Asian internet venture with Ooredoo
The Qatar-based telecom company will join Rocket Internet in investing in e-commerce companies in Asia through their new Asia Internet Holding joint venture.
Delivery Hero takes away $85m
The company has now raised $173m in funding so far in 2014, and will use the capital to consolidate its position in its main markets.