Branson backs smart doorbell maker Ring

Santa Monica, California-based smart doorbell creator Ring has secured $28 million in Series B funding. Sir Richard Branson, Shea Ventures and American Family Insurance led the round with participation from other investors that included True Ventures and Upfront Ventures.


Tenaya Capital leads $50 mln round for Doctor on Demand

San Francisco-based Doctor on Demand, which provides video visits with board-certified physicians via smartphones, tablets and desktop computers, has secured $50 million in Series B funding, the company announced in a blog post on its site. Tenaya Capital led the round with participation from other investors that included Qualcomm Ventures, Dignity Health, Shasta Ventures and Sir Richard Branson. To read the post, visit here.

School children wearing their Halloween costumes peek from the window during a "Halloween Costume Party" at a private school in Paranaque city

peHUB Second Opinion

In Second Opinion, a Virgin Galactic spacecraft crashes, divorce case spurs Jefferies bankers to take drug tests, it’s supposed to snow in Chicago tonight and an Amazon exec admits they bumbled the pricing for their Fire Phone.

Newegg forms partnership with VC-backed BitPay to accept bitcoins

Electronics retailer Newegg has formed a partnership with BitPay to accept bitcoin payments on Newegg.com. In May, BitPay announced it had secured $30 million in Series A funding from Index Ventures, Horizon Ventures, Founders Fund, Felicis Ventures, RRE Ventures, TTV Capital, Sir Richard Branson and AME Cloud Ventures. BitPay’s total capital raised at the time was $32.7 million.


Fashion marketplace Tradesy nets $13 mln Series B

Tradesy has secured $13 million in Series B funding. Kleiner Perkins Caufield & Byers led the round with participation from Sir Richard Branson, Rincon Venture Partners, Bee Partners, Northgate Capital and other unnamed investors. In conjunction with the funding, KPCB’s John Doerr and Stephanie Tilenius have been added to Tradesy’s board of directors. Headquartered in Santa Monica, Calif., Tradesy is a peer-to-peer marketplace for fashion.


Branson and Levchin back crowdfunding platform Indiegogo

San Francisco-based crowdfunding platform Indiegogo said Tuesday that it has secured new undisclosed funding from investors that include Virgin Group founder Sir Richard Branson and Affirm CEO Max Levchin. Other investors include Dan Benton, CEO of Andor Capital Management and Tim Draper, founding partner at Draper Fisher Jurvetson. Indiegogo is backed by Institutional Venture Partners, Kleiner Perkins Caufield & Byers, Insight Venture Partners, MHS Capital, Metamorphic Ventures and ff Venture Capital.

Branson Backs Square

(Reuters) – Square, the mobile payment start-up that counts former U.S. Treasury Secretary Lawrence Summers on its board of directors, has a new big-name backer: British billionaire Richard Branson. Branson has made a “multimillion” dollar investment in Square, according to a Square spokeswoman who declined to disclose the exact amount. Branson’s investment in Square follows […]

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