Carmelo Anthony backs social app Wine n Dine
This week, New York-based social app, Wine n Dine, raised $2.5 million in seed funding to help people find and track the best places to eat in over 6,000 cities. The round was led by Melo7 Tech Partners, the venture fund launched by New York Knicks forward Carmelo Anthony. Uber backer Jordache Ventures and the real estate development firm The Chetrit Group also participated in the effort. [New York Business Journal]
Payoneer raises $180 million for its global payments technology
Payoneer, a global provider of payment processing technologies, raised $180 million this week to continue to grow its payment services. The round was led by Technology Crossover Ventures, with additional participation from Susquehanna Growth Equity. The company plans on using the funding to double its product development and technical staff. [TechCrunch]
Paperspace raises $4 million for enterprise virtual desktops
This week, Paperspace, the company replacing traditional desktops with powerful cloud-based computers, raised $4 million. The round was led by Ludlow Ventures, Data Collective, Initialized Capital and Jeff Carr, one of the co-founders of DigitalOcean. [VentureBeat]
littleBits releases product that allows kids to control their inventions using smartphones
littleBits announced the launch of a new product this week: a wireless Bluetooth Low Energy Bit that enables kids to control their inventions through smartphones or tablets. The new product transforms kids’ screen time into hands-on, powerful STEM learning through invention-based play and problem-solving. [BusinessWire]
Criteo acquires ad-tech startup HookLogic
This week, HookLogic agreed to be sold for $250 million. The New York-based startup, known for helping consumer brands place ads on e-commerce sites, is now owned by ad-technology firm Criteo. The transaction is expected to bolster Criteo's performance marketing platform. [New York Business Journal]
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