A non-profit organisation that wants to develop a more decentralised Internet using blockchain has raised $61 million in funding.
The consumer electronics company now ranks as the second largest failure among venture-backed companies, based on total funding raised.
Andreessen Horowitz plans to take a software-heavy approach to biology and medicine.
The search giant, along with other investors, will invest about $500?million in hardware and software developer Magic Leap.
Silicon Valley investor Tim Draper partnered with Vaurum for the purchase but would not discuss how much he paid.
Following a pattern set by young consumer companies that proved their worth to investors, business start-up Zenefits raises another $66.5?million.
The photo pin-up site raises a new $200 million round of funding that gives it a valuation of $5?billion.
Tiger Global Management leads the Wall Street pack turning to Silicon Valley.
While Carl Icahn claims eBay governance is the worst he has ever seen, eBay shareholders insist PayPal will not be spun off.
Facebook director Marc Andreessen's venture-capital firm sold a third of its stake in the social network.
With plans to enter the corporate security market by the end of the year, the mobile security software provider raises $55 million in financing.
The smartphone service raised $41 million in a new financing round that relies on debt rather than equity.