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Content Curation Site Scoop.It Scoops Up $2.6M

San Francisco-based Scoop.it, a leading social curation publishing hub announced it has raised $2.6 million in venture funding. The funding was led by existing investors Partech International, Elaia Partners, IXO Private Equity and Orkos Capital. The funding gives the company $13.6 million in total capitalization since it was launched about three years ago. The Sixteen-employee… Read More »

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Online video startup Qwilt raises $16 million

Online video provider Qwilt today announced it has closed a $16 million Series C funding bringing the company’s total capital raised to $40 million. The funding round was led by Bessemer Venture Partners, with contributions from its current investors, Accel Partners, Redpoint Ventures and Marker LLC. The new investment will be used to expand its… Read More »

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Social Media Dashboard Bottlenose Raises $3.6M

Bottlenose, a web platform to organize social media streams, has raised $3.6 million in Series A funding. The round was led by ff Venture Capital and joined by Lerer Ventures, Transmedia, Advancit, Stage One Capital, Social Starts, The Social Internet Fund and several angel investors. Bottlenose beta allows you to sync multiple accounts so all news… Read More »

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Apple Upgrades Nigerian Map App Hopstop Days After Acquisition

Apple recently inked a deal to acquire HopStop.com, an online city transit guide from a Nigerian tech entrepreneur, Chinedu Echeruo, who is also its founder. The company was founded in 2005 as a mobile application that offers door-to-door transit, walking, biking, and taxi directions thus helping people get directions to subway stations and bus stops… Read More »

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Succeeding On Kickstarter

Kickstarter has exploded onto the crowdfunding scene in recent years, and for good reason. The platform has helped many thousands of people get funding for their creative projects that otherwise may have gone unfinished, as well as advance the popularity of the concept of crowdfunding and its exciting possibilities going forward. While much of the… Read More »

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SolidFire raises $31M from Samsung Ventures

SolidFire, a maker of high-performance solid-state storage systems, secured $31 million in new funding and new version of its storage solution – the SF9010 – that offers the possibility of building an all-SSD storage platform of up to 3.4 PB. The funding round was led by new investor Samsung Ventures, with participation by prior investors… Read More »

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Google reveals it spent $966 million in Waze acquisition

Google disclosed Thursday how much it paid for the Israel-based company behind the mapping app Waze: a whopping sum of $966 million. After weeks of speculations about the how much Google had spent on the Waze acquisitions, search engine finally confirmed it had spent $966 million, a price a few million dollars shy of the… Read More »

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Startup interview with Mdundo COO Martin Nielsen

Tell us a bit about your startup? Mdundo is an African music distribution platform that helps artists distribute and monetize their music. Based in Nairobi, we started working with ten Kenyan artists to search for a business model that would fit this market, one of them (Frasha from P-Unit) being a co-founder of Mdundo. We… Read More »

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