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.
E-residency set to hyperspeed Estonia’s startup scalability
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…
Glassdoor grabs $70m funding round
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.
Poznan emerges as Poland’s latest startup hotspot
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…
Intel invests $24.8m into smart glasses company Vuzix
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.
The top 10 technology stories from 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…
Startup disruption to accelerate in 2015, says expert
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…
PuzzleSocial raises $3m Series A for mobile games
Mobile game developer PuzzleSocial has secured $3 million in Series A funding.
Flipkart raises $700m at reported $11bn valuation
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.
The Exit Report: OnDeck Capital, True(x) Media, Secusmart
OnDeck Capital, an online lender specializing in loans to small businesses, raised $200 million in its IPO this week.