Iris Dorbian

Iris Dorbian

Recoleta Digital Media snaps up A-2 funds

Tucson, Arizona-based Recoleta Digital Media, a producer of personalized grocery circulars, has secured an undisclosed amount of Series A-2 funding. Desert Angels and Arizona Tech Investors of Phoenix led the round.

1 min read · 08 May 2015

Accel and Tiger Global back Vedantu

India-based live online tutoring provider Vedantu has secured $5 million in Series A funding .The backers were Accel Partners and Tiger Global Management.

4 min read · 08 May 2015

Bitcoin exchange itBit picks up $25 mln

New York and Singapore-based bitcoin exchange itBit has secured $25 million in funding. The investors included RRE Ventures, Liberty City Ventures and Raptor Capital Management Chairman James Pallotta. In addition to the funding, itBit has appointed former Senator Bill Bradley, former FDIC Chairman Sheila C. Bair and former FASB Chairman Robert H. Herz to its board of directors.

3 min read · 08 May 2015

Dog walking app Wag! grabs $2.45 mln seed

Los Angeles-based dog walking app Wag! has raised $2.45 million in seed funding. Freestyle Capital led the round with participation from other investors that included Greylock, Slow Ventures and RRE. According to the company, the capital infusion will be used for market expansion and product development.

3 min read · 08 May 2015

Bernstein, Goldman Sachs' global head of venture capital coverage, is retiring

Stuart Bernstein, Goldman Sachs' global head of the clean technology and renewables and venture capital coverage group, is retiring, according to internal memos viewed by peHUB.

1 min read · 07 May 2015

Beringea leads Series B round for Big Data Partnership

UK-based Big Data Partnership, a big data specialist solution provider, has raised 3.1 million pounds in Series B funding. Beringea led the round.

3 min read · 07 May 2015

Cursive Labs snaps up $2.2 mln Series A

According to a post on its site, San Diego-based venture studio Cursive Labs has raised $2.2 million in Series A funding. The backers included Crescent Ridge Partners Ventures, Wavemaker Partners, Howard Lindzon of Social Leverage, Keshif Ventures and Bootstrap Incubation. To read the announcement, visit here.

1 min read · 07 May 2015

Trizic pulls in $2 mln from Operative Capital

Silicon Valley-based Trizic, a digital-advisory platform provider for wealth management firms, has raised $2 million in seed funding. The investor was Operative Capital.

4 min read · 07 May 2015

VC-backed Shopify sets IPO pricing terms

Canada-based Shopify Inc, a commerce platform for small and medium-sized businesses, has priced its IPO of 7.7 million shares at between $12 and $14 per share. The company will list the stock on the New York Stock Exchange and the Toronto Stock Exchange under the ticker symbols "SHOP" and "SH" respectively. Morgan Stanley, Credit Suisse and RBC Capital Markets are serving as the lead underwriters. Shopify's backers include OMERS Ventures, Insight Venture Partners, Bessemer Venture Partners, FirstMark Capital, Georgian Partners and Felicis Ventures.

3 min read · 07 May 2015

JetBay inks $1.6 mln

JetBay, a platform for travelers to research and book private tours to China, has raised $1.6 million in seed funding. ChinaRock Capital Management led the round.

3 min read · 07 May 2015

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