ViralGains raises $2.8 mln from investor group, rapper Nas

Hub Angels has led $2.8 million of funding in ViralGains, which provides an online video ad platform. The funding round included participation of 45 investors, including 500 Startups’ Dave McClure, Chicago-based Pallasite Ventures, Boston’s Launch Capital and Boston-based angels Ty Danco, Joe Caruso, Jay Batson and Semyon Dukach. Also, rapper Nasir ‘Nas’ Jones joined the investment group. ViralGains is seeking a total of $3.3 million in funding.


peHUB First Read

First Read has news the SEC failed to identify who leaked ‘London Whale’ info to Reuters, NY Governor Cuomo, once the pay-to-play sheriff, is under investigation and NASA seems to have confirmed a major breakthrough in space propulsion.


Venture capital returns keep bulking up

Venture capital returns dropped in the first quarter from the end of last year, but they continued to show improvement over longer time frames, according to a report by Cambridge Associates.

Nauta Capital invests $3.4 mln in ABA English

Nauta Capital has provided $3.4 million in funding for ABA English, an online English teaching platform. The Barcelona, Spain-based e-learning startup was launched in 2013. The funding from Nauta will help accelerate ABA’s growth and international expansion.


To MBA or not MBA? That is the question

Much has been written about the value of an MBA. I have one, I know many people with them, but should you spend two years and up to $125,000 in tuition alone to get one? It’s a tough question.

DFJ, DFJ Esprit co-lead $14.5 mln Series B round in Bright Computing

DFJ and DFJ Esprit have co-led a $14.5 million Series B funding in Bright Computing, a provider of cluster management software. Prime Ventures and existing investor ING Corporate Investments also participated in the funding round. As part of the funding, DFJ partner Bill Bryant, Prime Ventures partner Alexander Ribbink, DFJ Esprit partner Richard Marsh, and ING CISO Rob Bening will join Bright Computing’s board of director.


CounterTack closes $20 mln Series B round with funding from Alcatel-Lucent

CounterTack, which delivers real-time threat detection, has closed out its $20 million Series B funding with an investment from Alcatel-Lucent. Other investors in the Series B round include organizations in the commercial and federal sectors, including Goldman Sachs, the venture capital arm of Siemens, Fairhaven Capital, Razor’s Edge and OnPoint Technologies, the VC arm of the U.S. Army.


peHUB First Read

To end your week, First Read has advice for interns from a group of tech luminaries, President Obama lashes out against inversions and SecondMarket founder Barry Silbert is stepping down as CEO to focus on bitcoin.

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