Euro dollars

Yuri Milner's DST Global launches its fourth investment fund

DST Global, which is controlled by Russian billionaire Yuri Milner, has launched its fourth investment fund — DST Global IV. The news was reported last week by Russian business daily Vedomosti based on documents posted on the website of the U.S. Securities and Exchange Commission.

Entrepreneurs working at White Bear Yard, an East London coworking space .

The 6 hottest startups in London in 2014

During a recent trip to East London, I caught up with two of the city’s most active seed firms Passion Capital and Index Ventures. Here are the startups that they predict may break through in 2014.

prismatic

Big-name investors throw $15M at news aggregation startup Prismatic

Ever heard of Prismatic? Until yesterday, neither had we. But founder Bradford Cross wouldn’t stop pinging our collective inbox about his company’s latest news, which turned out to be a $15 million round of funding from none other than überinvestor Yuri Milner and Accel partner Jim Breyer.

DST may invest $200M in Chinese microblogging company, Sina Weibo

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:

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Codecademy raises $2.5M to make you a coding master

There’s something about Codecademy that made investors plunk down $2.5 million dollars today to help the Y Combinator startup teach more people to code online. Codecademy uses game mechanics to make JavaScript instruction fun and engaging for people who use its simple, clean online interface.