Reuters News
Dec. 13 (Reuters) - Shares of data storage company Nimble Storage Inc rose as much as 50 percent in their market debut on Friday, valuing the company at about $2.21 billion, affiliated news service Reuters reported.
Dec. 12 (Reuters) - Two of Silicon Valley’s most respected venture capitalists are cutting back their roles at Accel Partners, the big-name firm best known for its early investment in Facebook, affiliated news service Reuters reported.
Dec. 12 (Reuters) - TrueCar.com, a car pricing information website, said it received a $30 million investment from Microsoft Corp co-founder Paul Allen’s Vulcan Capital, affiliated news service Reuters reported.
(Reuters) - Balaji Srinivasan, the co-founder of genetic-testing company Counsyl, is joining the venture capital firm Andreessen Horowitz as a general partner, Andreessen Horowitz said on Monday.
Zalora, an online fashion start-up in Southeast Asia, has raised $112 million (68 million pounds) in new capital from investors including billionaire Leonard Blavatnik's Access Industries and U.S. asset management firm Scopia Capital Management, Reuters reported.
The Chernin Group, former News Corp president Peter Chernin's holding company, said on Monday it had acquired majority control of Japanese anime streaming service Crunchyroll, expanding holdings that include stakes in online video company Fullscreen and mobile entertainment network Scopely.
Apple Inc has acquired social media search and analytics startup Topsy, an unusual purchase for a hardware-focused company that has made few forays into social networking.
Online music-streaming service Spotify has raised $250 million in a new funding round, making it one of the world's most richly capitalized start-ups, Reuters reported.
Apple has bought PrimeSense, an Israeli maker of chips that enable three-dimensional machine vision, for $345 million, writes Reuters. PrimeSense has raised $85 million from Israeli and U.S. venture capital funds such as Canaan Partners Global, Gemini Israel and Genesis Partners, writes Reuters.
Online real estate company Redfin has raised $50 million from investment companies Tiger Global Management and T. Rowe Price Associates, writes Reuters. The Seattle-based company, which announced the new funding on Wednesday, aims to cut costs to homebuyers by awarding to them a portion of real-estate fees that agents traditionally are paid by homesellers.