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Fika Ventures raises $76M to fund the growing LA tech ecosystem

The Los Angeles ecosystem is $76 million stronger today as Fika Ventures, a seed-stage venture capital firm, announces its sophomore investment fund. Fika invests roughly...

Vertex Ventures hits $230M first close on new fund for Southeast...

Tis the season to be raising in India and Southeast Asia. Hot on the heels of new funds from Strive and Jungle Ventures, so...

Sextech company scorned by CES scores $2M and an apology

Lora DiCarlo, a startup coupling robotics and sexual health, has $2 million to shove in the Consumer Electronics Show’s face. The same day the company...

Partnering with Visa, emerging market lender Branch International raises $170 million

The San Francisco-based startup Branch International, which makes small personal loans in emerging markets, has raised $170 million and announced a partnership with Visa to...

Researchers find 540 million Facebook user records on exposed servers

Security researchers have found hundreds of millions of Facebook user records sitting on an inadvertently public storage server. The two batches of user records were...

Blueground raises $20 million for flexible apartment rentals

Blueground, the startup providing turnkey flexible rental apartments, has raised $20 million in a round led by Athens-based VentureFriends, with participation from Endeavor Catalyst,...

PayPal shutters Malaysia office as part of customer service reorg

Payment giant PayPal has closed its office in Malaysia as part of a restructuring of its customer support teams. The office, located in capital city...

Warung Pintar raises $27.5M to digitize Indonesia’s street vendors

The digital revolution in Indonesia, Southeast Asia’s largest economy, continues to attract big money from investors. Hot on the heels of a $50 million...

Backing Culture Genesis, T.I. launches Tech Cypha, an investment syndicate for...

With an inaugural investment into the Los Angeles-based entertainment startup Culture Genesis, Clifford Harris Jr., who’s better known as “T.I.”, has launched a new syndicated investment...

VC funding of cybersecurity companies hits record $5.3B in 2018

2018 wasn’t all bad. It turned out to be a record year for venture capital firms investing in cybersecurity companies. According to new data out...