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Tripping Announces Series A Investment Led by Recruit Holdings and Quest Venture Partners

Source: Business Balla | May 22 2014, 5:07am CDT | by

Tripping, the world’s largest metasearch site for vacation rentals, today announced a Series A round of financing led by Recruit Holdings’ RGIP Fund and Quest Venture Partners.
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Banks recognise value in supplying venture capital to start-ups

Jul 23 2014 12:05am CDT | Source: Business Day

The RCA Graduate Fashion Show
Exchange, banks executives beginning to accept radical approach to technology may be only way for industry to survive in present form, writes P ...
Full article at: Business Day


Bitcoin Regulation: Lawsky Goes on BBC

Jul 22 2014 5:42pm CDT | Source: Forex News

A+E Project Startup Live
Want to Trade Bitcoin? ForexNews RecommmendsClick Here To Learn More. Ben Lawsky, the Superintendent of Financial Services at the New York State Department went on BBC to defend the proposed NY state regulatory framework. Lawsky told reporters that ”virtual currencies hold a lot of promise” and may change banking and finance in the future. He again used the MtGox fiasco as part of the reason for introducing new rules. When pressed that increased scrutiny by NY will just lead t ...
Full article at: Forex News


Latest stories

US approves probes against Chinese tires
Washington, July 23 (IANS) The US International Trade Commission (USITC) Tuesday approved the anti-dumping and countervailing duties investigations against imports of certain passenger vehicle and light truck tires from China. | by IANS
Nigeria poverty level drops: Report
Lagos, July 23 (IANS) Poverty rate in Nigeria has dropped from 35.2 percent to 33.1 percent in 2013, a latest World Bank report said Tuesday. | by IANS
UN agencies call for actions against polio in Syria
Geneva, July 23 (IANS) The World Health Organisation and the United Nations International Children's Emergency Fund Tuesday said in a report that actions are needed to protect children against polio in Syria as polio cases resurfaced in the conflict-stricken country. | by IANS

Piper Jaffray invests in cybersecurity tech company

Jul 22 2014 2:20pm CDT | Source: Minneapolis- St. Paul Business Journal

Piper Jaffray & Co.'s merchant banking business participated in a $40 million round of financing for Colorado tech company LogRhythm Inc. Boulder, Colo.-based LogRhythm, which has about 300 employees, makes business cybersecurity technology. Minneapolis-based Piper got out of the venture capital business about 10 years ago, but has been busy investing in later-stage startups via a $100 growth-equity fund launched in 2012. The fund's Twin Cities port ...
Full article at: Minneapolis- St. Paul Business Journal


Taulia raises $27M to take supplier-payments business global

Jul 22 2014 2:15pm CDT | Source: San Jose Business Journal

Taulia has raised $27 million in Series D funding to help expand globally with its supplier payments system. The San Francisco company led by co-founder and CEO Bertram Meyer raised the money at a valuation of about $200 million, according to Venture Capital Dispatch. QuestMark Partners led the round with existing investors including Trinity Ventures, Matrix Partners, Lakestar and DAG Ventures all participating. The move comes a few weeks after President Barack Obama appeare ...
Full article at: San Jose Business Journal


Fred Wilson choreographed merger behind Yahoo’s newest deal

Jul 22 2014 2:12pm CDT | Source: San Jose Business Journal

Yahoo's Headquarters In Sunnyvale, California
O nce upon a time, the vast majority of the tech industry thought mobile advertising was a pipe dream. A few outliers began to lay the foundation of what last year was a $7.1 billion industry in the United States alone, an increase of 110 percent year over year, according to an IAB report. One of those outliers, according to venture capitalist Fred Wilson, was San Francisco-based Flurry, that yesterday sold to Yahoo for what TechCrunch r ...
Full article at: San Jose Business Journal


Wonkblog: Janet Yellen thinks social media is overvalued

Jul 22 2014 12:28pm CDT | Source: The Washington Post

Fed Chair Janet Yellen Gives Speech On Financial Stability At IMF
Fed Chair Janet Yellen has a hot stock tip for you: stop throwing so much money at anything that calls itself a social network. Specifically, the Fed thinks the "valuation metrics" for "smaller firms in the social media" sector "appear substantially stretched." And it's not hard to see why. Yo, an app that only lets you send messages that say "yo," just received $1 million in funding. Cynk, a nonexistent ...
Full article at: The Washington Post


Venture capitalists flow $22.8 million into South Florida companies

Jul 22 2014 10:09am CDT | Source: South Florida Business Journal

South Florida was not a major target for venture capitalists in the second quarter, with only about 20 percent of the state's investments flowing to the area , the Miami Herald reported. Venture capitalists pumped $22.8 million into South Florida companies and the largest investment of $15 million went to Tyrogenex, a West Palm Beach biotech company. The rest of the funding was shared between Miami-based companies Aerop ...
Full article at: South Florida Business Journal


Database: The 13 Florida companies that raised $112.9M in 2Q

Jul 22 2014 6:23am CDT | Source: Orlando Business Journal

Central Florida had four venture capital deals in the second quarter of 2014 worth a total of $61.6 million. Statewide, 13 companies courted investors and closed on $112.9 million in venture capital, according to a May 20 report from MoneyTree, PricewaterhouseCoopers LLP and the National Venture Capital Association. Central Florida had more than 55 percent of the state’s total, landing four venture capital deals, including the state’s largest VC deal in the quarter. Chec ...
Full article at: Orlando Business Journal


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