Category: Fundings and Exits

John McAfee’s first move as a new CEO is to rename the company after himself

Some exciting news from the John McAfee camp today: America’s favorite (and most entertaining) cybersecurity expert has a new gig! MGT Capital Investments (NYSEMKT: MGT), a company that owns and operates social gaming apps, has announced the appointment of John McAfee as Executive Chairman and CEO. MGT Capital Investments has a market cap of under $10 million and trades on…

CoreOS raises $28M Series B round led by GV

CoreOS, the company behind the container-centric CoreOS Linux distribution and Tectonic container management service, today announced that it has raised a $28 million Series B round led by GV, the fund formerly known as Google Ventures. Other investors include Accel, Fuel Capital, Kleiner Perkins Caufield & Byers (KPCB) and the Y Combinator Continuity Fund. In total,…

CoreOS raises $28M Series B round led by GV

CoreOS, the company behind the container-centric CoreOS Linux distribution and Tectonic container management service, today announced that it has raised a $28 million Series B round led by GV, the fund formerly known as Google Ventures. Other investors include Accel, Fuel Capital, Kleiner Perkins Caufield & Byers (KPCB) and the Y Combinator Continuity Fund. In total,…

Sweden’s DigiExam raises $3.5M Series A for digital test and grading platform

Swedish edtech startup DigiExam, which also has offices in the U.S. and U.K., offers software-as-a-service for academic testing and grading. It enables students to take tests digitally and in turn teachers to grade the results more efficiently. To fuel further international expansion, the Stockholm-headquartered company has closed $3.5 million in Series A funding in a…

Alibaba’s Hong Kong fund invests in three e-commerce startups

Alibaba has broken the seal on its startup fund for Hong Kong after it backed its first three companies in undisclosed deals. The startups are unsurprisingly all in the e-commerce space: Yeechoo is online fashion store focused on renting not buying, Shopline helps online sellers use the internet for marketing, while GoGoVan is delivery and logistics on-demand.…