Reuters News
French online advertising company Criteo S.A., backed by Index Venture Associates, filed with U.S. regulators to raise up to $190 million in an initial public offering of American depositary shares (ADSs).
A Reuters analysis finds that the keys to success in the start-up world are not much different than those of many other elite professions. A prestigious degree, a proven track record and personal connections to power-brokers are at least as important as a great idea.
Jawbone, the maker of the fitness-tracker Up, has raised $113 million in debt and equity financing, Reuters reported.
Sunrun and Nest are joining forces in an effort to save the planet, writes VentureBeat. The two companies have announced a partnership to encourage more Americans to reduce their energy consumption.
In a big bet on marketplaces, venture firm Greylock Partners is promoting former eBay Motors founder Simon Rothman to partner, and dedicating $100 million to the sector.
Steven Sinofsky, the hard-charging former Microsoft Corp executive, has joined the prominent Silicon Valley venture capital firm Andreessen Horowitz as a part-time "board partner," representing the firm on certain boards of companies it invests in, Reuters reported.
Private biotech companies globally raised almost $1.3 billion through venture capital deals in the second quarter, up 190 percent from Q1, and European biotechs grabbed 44 percent of that total, according to a report.
ZestFinance, a company that licenses out its technology to minimize the risks in making loans, is getting a cash infusion from an entrepreneur who figured out how to make money transfers on the Internet: PayPal's Peter Thiel, Reuters reported.
Google Inc will take a 6.3 percent stake in the unit of Taiwanese chipmaker Himax Technologies Inc that develops display technology for devices such as Google Glass, Reuters reported.
FundersClub is looking at new ways to stay on top, writes VentureBeat. The startup has released a new feature that rewards members of its community for making referrals. FundersClub closed a $6 million seed round last year. It is based in San Francisco, Calif.