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Chinese food delivery service Line0 grabs $30m funding round

January 7, 2015

Line0, an online food delivery service with current operations in Shanghai, Shenzhen, and three other Chinese cities, has secured $30 million in Series B financing from the Chinese Internet conglomerate Tencent and returning investors Sequoia Capital and Gobi Partners.

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E-residency set to hyperspeed Estonia’s startup scalability

January 6, 2015

Estonia, a nation of 1.3 million people lodged between Russia and Latvia in northeast Europe, is small. It’s around twice the size of Vermont, or half of South Carolina. Last year Estonia…

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Glassdoor grabs $70m funding round

January 6, 2015

Careers marketplace and former Red Herring Top 100 winner Glassdoor has raised a $70 million round of financing led by Google Capital and Tiger Global.

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Poznan emerges as Poland’s latest startup hotspot

January 5, 2015

Warsaw and Krakow are currently the best known of Poland’s tech centers. But the country, buoyed by excellent education and a growing economy, may have a new digital contender – Poznan. The…

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Intel invests $24.8m into smart glasses company Vuzix

January 5, 2015

Intel has stepped further into the wearable space by making a $24.8 million investment into Vuzix, a supplier of video eyewear for smart glasses.

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The top 10 technology stories from 2014

December 30, 2014

By Anam Alpenia The past 12 months have been more than eventful for the technology industry. From hacking to mega funding rounds to the biggest technology IPO ever, 2014 has certainly not…

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Startup disruption to accelerate in 2015, says expert

December 29, 2014

Scott Steinberg is a storied tech industry consultant and one of America’s leading futurists. He’s penned books and advised Fortune 500 leaders. Red Herring asks him what to look forward to in…

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PuzzleSocial raises $3m Series A for mobile games

December 23, 2014

Mobile game developer PuzzleSocial has secured $3 million in Series A funding.

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Flipkart raises $700m at reported $11bn valuation

December 22, 2014

Flipkart, an Indian e-commerce website, has raised $700 million from new investors Baillie Gifford, Greenoaks Capital, Steadview Capital, T. Rowe Price Associates​ and Qatar Investment Authority.

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The Exit Report: OnDeck Capital, True(x) Media, Secusmart

December 19, 2014

OnDeck Capital, an online lender specializing in loans to small businesses, raised $200 million in its IPO this week.

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Investment Roundup

Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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