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Qualcomm Invests $40M In Four Chinese Startups And Walden International’s New Fund

Qualcomm Invests $40M In Four Chinese Startups And Walden International’s New Fund

Dec 12, 2014 | China, East Asia, News

TechCrunch Qualcomm this summer announced plans to invest $150 million in Chinese startups, and it has cracked that new fund open to put $40 million into five different organizations in the country, including voice recognition startup Unisound and games development...
Snapdeal, One Of India’s Leading E-commerce Sites, Acquires Wishpicker

Snapdeal, One Of India’s Leading E-commerce Sites, Acquires Wishpicker

Dec 12, 2014 | India, News, South & Central Asia

TechCrunch Snapdeal, one of India’s largest e-commerce businesses, has acquired Wishpicker, a tech platform that uses machine learning to deliver recommendations for gift purchases. The deal’s financial terms were undisclosed. The company says this is the fifth...
Adobe Acquires Stock Content Marketplace Fotolia For $800M In Cash

Adobe Acquires Stock Content Marketplace Fotolia For $800M In Cash

Dec 11, 2014 | News, North America

TechCrunch Adobe today announced that it has acquired Fotolia, a popular marketplace for stock photography and video, for approximately $800 million in cash. The idea is to integrate the service into Adobe’s Creative Cloud and make it easier for Creative Cloud members...
Finnish Game Studio PlayRaven Raises $4.1M To Bring Strategy Games To Touchscreens

Finnish Game Studio PlayRaven Raises $4.1M To Bring Strategy Games To Touchscreens

Dec 10, 2014 | News, Western Europe

TechCrunch Norwegian VC Northzone seems to have a penchant for investing in mobile gaming companies right now. After leading Space Ape Games’ recent $7 million Series C round, the venture capital firm has invested in Finnish game studio PlayRaven — part of a newly...
Samsung Ventures Leads $17M Round In Lithium-Polymer Battery Maker Seeo

Samsung Ventures Leads $17M Round In Lithium-Polymer Battery Maker Seeo

Dec 10, 2014 | East Asia, News

TechCrunch Seeo, a Hayward, California-based company that makes lithium-polymer batteries, has closed a $17M round led by new investor Samsung Ventures, the investment arm of Samsung Group. Existing investors Khosla Ventures and GSR Ventures also participated. This...
Web server publisher Nginx raises $20 million from US fund NEA

Web server publisher Nginx raises $20 million from US fund NEA

Dec 10, 2014 | Central & Eastern Europe, News, North America, Russia

East-West Digital News Nginx (pronounced “engine-x”), a US-based open source web server publisher with Russian origins, has secured $20 million in a Series B1 round of financing from New Enterprise Associates (NEA). German-American fund e.ventures, Moscow-based Runa...
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