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...
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...
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...
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...
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...
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...