The online venture capital firm has raised a $1.1 million fund as part of its new “Accelerate Series” that will support startups from Y Combinator’s Winter 2013 batch.
Online hotel booking service Ostrovok nabs $25 million from General Catalyst, Accel Partners, and Yuri Milner to become the top Internet travel company in the Russian-speaking world.
Step aside, Nobel. You’ve got some competition in the prize category.
General Assembly aims to teach technology skills that the market needs, not just what professors think you ought to know — and it’s expanding its locations worldwide.
SmartThings, the hack-your-world Kickstarter project that had already raised $1.2 million, added another $3 million from First Round Capital and more than 20 angel investors.
Y Combinator is tightening the purse strings, cutting the $150,000 investments startups get in half.
Editor’s Pick Betable hopes to disrupt social casino games by enabling real-money online gambling in social gaming titles.
A digital doctor's office
In July, it was reported that Sina Corp. had turned down Digital Sky Technology (DST)’s $500m investment in Sina Weibo, a Chinese micro-blogging service. But it seems that the talk between two parties is still on going. We just heard from a reliable source that Sina finally accepted the investment from DST, an international investment firm founded by Yuri Milner. The source said the deal can ‘almost’ be confirmed:
Jawbone, the maker of Bluetooth headsets for cell phones and other cool hardware, announced today that it has raised $40 million.
Yesterday’s massive layoffs at daily deals site BuyWithMe were the result of shrinking capital markets, the company’s chief operating officer said today.
Venture capital firm Andreessen-Horowitz announced today that it is participating in startup incubator Y Combinator‘s Start Fund, alongside venture capitalists Ron Conway and Yuri Milner.
Startup incubator AngelPad will offer applicants an additional $100,000 in funding when they enter the program, bringing the incubator’s total investment in each of its 15 or so startups up to $120,000.
Twitter today confirmed that it is raising a large funding round from Russia’s DST, the investment company that has backed Facebook, Groupon and Zynga.
Twitter is raising $400 million in its seventh round of funding, according to documents uncovered by venture capital information service VCExperts.
Apartment sharing startup Airbnb has raised $112 million at a $1.3 billion valuation, confirming past rumors about the hot company.
Micro-blogging service Twitter is in the process of raising $400 million in funding that would value the company at $8 billion, according to a report by the New York Times.