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API Testing Service Runscope Raises $6M Series A Round Led By General Catalyst

TechCrunch April 10, 2014 Runscope, a service that helps developers test and debug APIs, today announced that it has raised $6 million in a Series A funding round led by General Catalyst Partners, with participation from Lerer Ventures and True Ventures. As part of this investment, General Catalyst Managing Director Steve Herrod will join the […]

Munchery Raises $28 Million From Sherpa Ventures And Plans Expansion To Seattle

TechCrunch April 10, 2014 Has there ever been a better time to be a startup focused on providing high-quality food to the hungry masses at an affordable price point? Following in the footsteps of big Series A financings for Sprig and Spoonrocket, today Munchery is announcing that it’s raised $28 million in a Series B […] says has signed an agreement to buy Lieferando

FRANKFURT, April 10 (Reuters) – – Netherlands-based on Thursday said it had acquired, one of the largest food delivery websites in Germany. The companies did not provide a value for the transaction. said it would merge the brand with to offer access to the largest restaurant network in Germany with […]

Freelancer Marketplace Ooomf Becomes Crew, Grabs $2.1 Million

Ooomf, the one-time app discovery startup which last year relaunched as a freelancer marketplace to connect mobile and web developers with projects that fit their skill set, is now changing its name to Crew, and announcing new funding. The company has raised an additional $2.1 million in a new round led by Fred Destin of […]

Blackstone to invest $150 mln in Rentech, get two board seats

April 10 (Reuters) – Rentech Inc, which processes wood fibre, said Blackstone Group LP’s credit arm would invest $150 million in the company in return for two board seats. Rentech shares rose as much as 19 percent to $2.15 in morning trade on Thursday. The company was valued at $411.8 million as of the stock’s […]

TPG/Abraaj in exclusive talks for Saudi fast-food chain

DUBAI, April 10 (Reuters) – A joint bid by TPG Capital and Abraaj Group has emerged as the favourite to acquire a majority stake in Saudi fast-food chain Kudu after the selling shareholders entered exclusive talks with the pair, three sources aware of the matter said on Thursday. The two have seemingly edged out fellow […]

India’s Flipkart Nears $330M Myntra Deal, As Common Investors Push To Fight Amazon, eBay

TechCrunch April 9, 2014 India’s biggest e-commerce company, Flipkart, is in the final stages of completing a merger deal with the country’s fast growing online fashion retailer Myntra, in what could potentially create a much stronger entity for fending off aggressive rivals Amazon, Walmart and the eBay-backed Snapdeal. At least three people directly familiar with […]

Wattpad Raises $46M From OMERS Ventures And Others To Grow Its Social Publishing Network

TechCrunch April 8, 2014 Social writing platform and writer’s network Wattpad has been at it for a while now, and they’ve quietly amassed a massive user base that engages regularly with the site, posting their own stories and reading the stories of others, all the while engaging with one another through feedback, criticism and support. […]

Artificial Intelligence Startup Vicarious Grabs Funding From Bezos, Benioff And Jerry Yang

TechCrunch April 7 After Mark Zuckerberg, Peter Thiel and other Silicon Valley notables plunked down capital in a $40 million growth round for San Francisco-based artificial intelligence startup Vicarious, a few more billionaires showed up. Amazon CEO Jeff Bezos, Yahoo co-founder Jerry Yang, Skype co-founder Janus Friis and Salesforce CEO Marc Benioff all showed up […]

St. Petersburg educational gaming app publisher FlexyMind secures Series A funding round

East-West Digital News April 7, 2014 Last month St. Petersburg startup FlexyMind closed its second round of funding with an investment from RWM Capital, a Russian fund management firm, for further development of its educational gaming apps for mobile devices, reported Marchmont News. Neither the amount of the transaction nor the startup’s valuation were disclosed. […]