Seed Alameda, CA medtech venture LifeMap Solutions, Inc. has raised $5 million in seed funding. Its parent company, LifeMap Sciences, Inc., led the round. The investment saw in-kind support from the Icahn…
VSCO raises $40m – Investment Round Up
Series A Art and tech venture VSCO (Visual Supply Company) has secured $40 million in a Series A funding round. Accel Partners led the investment, which saw contributions from Goldcrest Investments. Backing…
Optimizely raises $57m Series B round – Investment Round Up
Series A P2P car rental company Drivy has secured €6 million ($8.3 million) in a Series A round. Current funders Index Ventures and Alven Capital invested. Total backing behind Paris-based Drivy comes…
Red Herring Announces Finalist for 2014 Top 100 North America
The Red Herring editorial team is pleased to announce the 2014 Finalist list for the upcoming Red Herring Top 100 North America event. This set of companies represents the short list for…
Kamcord raises $7.1m – Investment Round Up
Series A MakeSpace, a New York storage company, has gained $8 million in a Series A funding round. Upfront Ventures led the round, while Founders Fund and OATV contributed along with all…
Ayla Networks raises $14.5m Series B round – Investment round Up
Series A LeadiD, which mediates lead transactions, has gained a Series A investment round valued at $7 million. Comcast Ventures, Tribeca Venture Partners, and Genacast Ventures invested. Total backing behind the Ambler,…
Weekly digest: Facebook wants to connect world, Oculus Rift developers jump ship and BlackBerry reports huge loss
Facebook wants to connect world to Internet with drones Facebook officially unveiled its plan to expand the reach of the Internet through a sophisticated system of drones, lasers and satellites this week.…
Nokia’s handset business to become Microsoft Mobile – report
Nokia’s handset business Nokia Oyj is to be renamed Microsoft Mobile when Microsoft’s $7.2 billion acquisition is completed on Friday, according to reports. The name change was announced by blogger Nokiapoweruser, who…
Turkey’s hackers to continue disruption despite lifting of Twitter ban
Turkey’s hacking community will continue its quest of online disruption despite the country’s constitutional court lifting a controversial ban on Twitter. The embargo was deemed unlawful on April 3 but a block…
Red Herring CEO Alex Vieux tells Europe: Go West
Alex Vieux, founder and CEO of Red Herring, has urged European entrepreneurs to seek investment and clients outside the continent – while praising the resilience of the European tech industry. Vieux, speaking…