Mobile

Epic Sciences raises $30m Series C – Investment Round Up

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Seed funding San Francisco-based gaming studio JuiceBox Games has raised a $2.5 million seed funding round led by Initial Capital. General Catalyst, Index Ventures and Maveron also participated. JuiceBox produces free-to-play mobile games and will use the funds to expand into international markets. ThredUP, which allows users to buy and sell … [Read more...]

Twitter stock soars as World Cup boosts user figures

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Twitter’s stock soared after the company posted better than expected earnings and user growth in its quarterly report. Shares in the social media company jumped as much as 35% in after-hours trading on Tuesday, following the most impressive quarterly earnings report since Twitter went public. The San Francisco-based company now boasts 271 … [Read more...]

Flipkart raises massive $1 billion funding round – Investment Round Up

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Series A Kurbo Health, a mobile program to help people lose weight, has raised $5.8 million in Series A funding from Signia Venture Partners, Data Collective, Bessemer Venture Partners and Promus Ventures. The company’s platform offers services through its iOS app to help children and their families lose weight. The company plans to launch an … [Read more...]

Google reports 22% revenue increase as Arora bids farewell

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Google, Inc has reported modestly rising quarterly earnings for the second quarter of 2014. The tech giant earned $3.4 billion, or $4.99 per share, in the April-to-June period. The figures represent a slight increase on the $3.2 billion, or $4.77 per share, reported in the second quarter of last year. “We are moving forward with great product … [Read more...]

Secret secures $25m Series B – Investment Round Up

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Series B Anonymous sharing app Secret has raised $25 million in Series B funding. Index Ventures, Redpoint Ventures, Gary Tan and Alexis Ohanian, SV Angel, Fuel Capital and Ceyuan Ventures all participated in the round. The San Francisco-based company has already raised over $36 million since it was founded last year. Secret also announced new … [Read more...]

Southeast Asia set for e-commerce boom

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Southeast Asia is the next big market for online shopping according to a recent study by UBS, which warns of the threat to established retailers posed by e-commerce firms. Physical barriers such as poor transport logistics infrastructure still hinder virtual shopping in the ASEAN group of countries, but as online retailers like China's Alibaba … [Read more...]

Video conferencing platform Vidyo raises $20m – Investment Round Up

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Seed Button, a New York-based customer acquisition and engagement startup, has raised a $2.25 million seed round led by Atlas Ventures. DCM, Greycroft Partners, MESA+ and VaynerRSE all participated, as did a number of angel investors. The company’s platform is currently in private beta and will use the funds to hire new staff and continue … [Read more...]

Startups face age-old battle to enforce change in established industries

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In 19th century England, during the Industrial Revolution, a group of textile artisans labelled Luddites protested against new technology in their industry by smashing the new machines to pieces. This led to bloodshed, economic and social unrest and rioting, all because technology threatened to take away the livelihoods of a large part of the … [Read more...]

5 Takeaways from the Google I/O Developer Conference

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Google’s I/O Developer Conference, held this week in San Francisco, featured a number of new product launches, including Android TV, Android Wear, Android Auto and a new smartphone and tablet operating system. But as Google continues to grow, the event has also evolved to be more than just a stage for unveiling its newest technologies. Below are … [Read more...]

mCube raises $37m – Investment Round Up

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Series B Fingerprint, a mobile technology company creating products for children, has secured a Series B funding round worth $10.85 million. Both new and existing investors participated in the funding, which will be used to build new games, apps, videos and ebooks for the company’s play-and-learn networks.  "Mobile has changed children's viewing … [Read more...]