Reuters News
Google Inc snaps up another aerospace company as it acquires VC-backed satellite company Skybox Imaging, which was seeded by Khosla Ventures.
Twitter Inc said Wednesday it will acquire Namo Media, a technology firm specializing in "native advertising" for mobile devices, Reuters reported.
Business startup Zenefits has raised another $66.5 million from investors, months after its first capital-raising, following a pattern set previously by a handful of hot, young consumer companies that proved their worth to investors over a short span, Reuters reported.
(Reuters) Sequoia Capital, best known for its early stage investments in companies such as Google, has raised $530 million for its fourth India-focused fund, the U.S. venture capital fund said in a statement.
HackerOne, a California-based security firm, said on Wednesday it had raised $9 million to expand its program to reward researchers who find software flaws, Reuters reported.
Flipkart, India's largest e-tailer, raised $210 million in a fresh round of funding from a group of four investors led by internet-focused investment group DST Global, it said in a statement on Monday.
A cloud software boom has nudged startups into unlikely realms such as dairy farms, yoga studios and back-of-the-building loading docks, leading venture capitalists to hope for stratospheric returns, Reuters reports. Not everyone shares their enthusiasm.
Uber, the app-based transportation company, is seeking to raise about $500 million from a group of fund managers as part of a deal that could value the startup at more than $12 billion, the Wall Street Journal reported on Thursday.
The youngest winners of the thriving tech economy, many of whom came of age during the last financial crisis, aren’t often interested in the ideas that attracted clients in the past, Reuters reports.
With Amazon.com Inc ramping up its presence in India, two local online retailers are preparing for tougher competition with separate deals worth a combined $400 million set to be finalized this week, Reuters reported.