Squarespace raises $40m – Investment Round Up

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Series A KeyMe, which helps people keep, distribute and copy real keys via digital technology, has gained $7.8 million in a Series A funding round. White Star Capital, Battery Ventures, Ravin Gandhi and 7-Ventures LLC were among the investors. The locksmith industry stands at $5 billion per year, according to a press release. Alviso, CA-based … [Read more...]

Turkey’s hackers to continue disruption despite lifting of Twitter ban

Turkey's hacking community will continue its quest of online disruption despite the country's constitutional court lifting a controversial ban on Twitter. The embargo was deemed unlawful on April 3 but a block on video-sharing site YouTube remains. RedHack, an Anonymous-affiliated group, tells Red Herring that its online protest will continue to … [Read more...]

Zebra to acquire Motorola Enterprise business – Investment Round Up

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Series A Gene-therapy startup AAVLife has raised $12 million in a Series A funding round led by Versant Ventures. Inserm Transfert Initiative contributed to the investment. The Paris-based company concentrates on rare diseases. Car buying and selling company Beepi has gained $5 million in its second round of funding, its Series A. Jeff Brody of … [Read more...]

NatureBox Inc. raises $18m – Investment Round Up

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Series A Storefront, a San Francisco-based online marketplace enabling merchants to discover locations, has gained $7.3 million in a Series A funding round led by Spark Capital. The company is also debuting in Los Angeles. Storefront had previously raised $1.6 million in seed funding. Mohr Davidow Ventures, 500 Startups, Great Oaks Venture … [Read more...]

Red Herring CEO Alex Vieux tells Europe: Go West


Alex Vieux, founder and CEO of Red Herring, has urged European entrepreneurs to seek investment and clients outside the continent - while praising the resilience of the European tech industry. Vieux, speaking at the Red Herring Top 100 Europe event in Amsterdam, said that the continent is "at an inflection point," citing an increased amount of … [Read more...]

WattPad raises $46m – Investment Round Up

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Series A Closely, a mobile-first marketing technology company, has secured $3 million in Series A funding. The round was led by Grotech Ventures and Steadfast Venture Capital and CNF Investments also participated. The funds will be used to build out the company’s SMB platform and expand its support for small businesses in North America, according … [Read more...]

Twitter makes Cover acquisition – Investment Round Up

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Seed funding Wellframe, which aims to connect healthcare providers and patients after they have returned home, has announced $1.5 million in seed funding. Investors include Athenahealth chief executive Jonathan Bush, Draper Fisher Jurvetson’s Tim Draper, Fidelity Biosciences venture partner Carl Byers and Leering Capital founder James Nahirny, … [Read more...]

Sungevity secures $70m in funding – Investment Round Up

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Series A Burlingame, CA-based medical device company RefleXion Medical has raised $11.6 million in a Series A funding round led by Sofinnova Partners. Pfizer Venture Investments and Venrock contributed to the investment. The company is working on “the first biologically-guided radiation therapy system for cancer treatment,” according to a press … [Read more...]

Revolutionary E-Governance helps Moldova beat corruption as Russia threat looms


Moldova, a tiny state bordering Ukraine, is crippled by corruption and emigration. Some have even suggested that its weaknesses leave it exposed to a possible annexation by Russia, as Vladimir Putin consolidates control over nearby Crimea. The breakaway Moldovan state of Transnistria has already called on Moscow to annex it. NATO's supreme allied … [Read more...]

Lyft raises $250m in funding – Investment Round Up

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Series A Blog aggregation platform Bloglovin has secured $7 million in a Series A funding round led by Northzone. Among current investors contributing: Betaworks, White Star Capital, Lerer Ventures and Bassett Investment Group. The round also saw participation from the founders of Babble and SoulCycle. The company boasts 16 million active users … [Read more...]