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Video Chat Marketplace LiveNinja Raises Additional $500K, Launches Tools For Online Businesses

TechCrunch March 31, 2014 Video chat marketplace LiveNinja, a former TechCrunch Disrupt Startup Alley participant, has raised an additional $500,000 in new funding, the company is announcing today. The news, which is being announced onstage at The Atlantic’s Startup City Miami event this afternoon, arrives alongside the official launch of the company’s business marketplace, called […]


Russia to Privatize Additional 431 Companies Through 2016

Moscow Times April 1, 2014 The Cabinet approved a plan to privatize an additional 431 companies through 2016, according to a document published on the government’s website Monday. About 20 percent of Novorossiysk Commercial Sea Port, the Russian Lottery, and multiple scientific-research, construction, and agricultural facilities are up for sale, in addition to regional airports, […]

Russia to Make Crimea Special Economic Zone With Zero Tax Rate

Moscow Times March 31, 2014 SIMFEROPOL, Crimea — Russia will make Crimea a special economic zone offering tax breaks and reduced bureaucracy to attract investors, Prime Minister Dmitry Medvedev said Monday. “Our aim is to make the peninsula as attractive as possible to investors, so that it can generate sufficient income for its own development,” […]

Language Learning Platform Fluentify Takes In $410K Angel Investment

TechCrunch March 31, 2014 Fluentify, a London-based videoconferencing language learning platform founded last year, has closed a $410,000 angel investment, led by Stefano Marsaglia, former chairman of Barclays global financial institutions group and current co-head of Mediobanca investment bank. The new funding brings the startup’s total raised to date to $500,000. The webcam-based language learning […]

Mobile acquiring startup 2can raises $5 million in Series B funding

East-West Digital News March 31, 2014 Smartfin, a provider of mobile payment solutions in Russia under the brand 2can, has just completed a $5 million Series B round of financing with the participation of previous investors InVenture and Almaz Capital, two major Russian venture funds, as well as investment company ESN Group. The latter, owned […]

Silver Lake-backed Mercury Payment files for IPO of about $100 mln

March 28 (Reuters) – Payment processor Mercury Payment Systems Inc, backed by private equity firm Silver Lake Group LLC, filed with U.S. regulators on Friday to raise about $100 million in an initial public offering of common stock. The company told the U.S Securities and Exchange Commission in a preliminary prospectus that J.P. Morgan, Barclays […]

Sigfox Raises $20.6 Million To Create A Global Cellular Network For Connected Objects

TechCrunch March 28, 2014 French startup Sigfox raised a Series B round of $20.6 million (€15 million) from IDInvest and BPIFrance. Existing investors (Elaia Partners, Partech Ventures, Ixo and Intel Capital) also participated. As a reminder, Sigfox wants to create an alternative cellular network specifically dedicated to connected objects. Compared to traditional cellular networks, this […]

Capital Teas gets $5 million investment from Pear Tree Partners

Washington Post March 26, 2014 Capital Teas, the six-store chainlet of specialty tea shops based in Annapolis, has received a $5 million investment from Pear Tree Partners in Massachusetts to help grow its business. Capital Teas co-founder and chief executive Peter Martino said he will use the money to expand the number of locations, grow […]

Russian mobile app developer Iconic Mobile secures $1 million from UK investment firm

East-West Digital News March 27, 2014 Mobile app developer Iconic Mobile (formerly known as Ipadizer) has raised $1 million from 515 Capital, a London-based investment and consultancy firm. This is the first funding round for the startup – at a pre-money valuation of $2.7 million, as founder and CEO Alexey Pospekhov told East-West Digital News. […]

Lithium To Acquire Social Influence Scoring Site Klout For $200M

TechCrunch March 27, 2014 Social customer service company Lithium Technologies will announce on Thursday morning that it has acquired Klout for almost $200 million in cash and private stock, says Fortune. Re/code first reported last month that Lithium and Klout, which scores influence on social networks, were nearing a deal. Lithium, which is expected to […]