Week in Review: DNA is global tech media too
GrabTaxi sizzles with Series B, tale damaged by using TechCrunch BolehVPN’s revel in shows banks suffering with virtual models THIS has been a impressive week for the atmosphere with lots of thrilling news, starting from the CatchThatBus (maybe they should rebrand to GrabThatBus?) elevating funding in Singapore, envisioned to be within the low seven-digit figures, to GrabTaxi raising an first-rate Series B quantity of more than US$15 million (RM48.2 million). There was news other than investment too, but let me start out with GrabTaxi, as that is the primary time in DNA’s two-year records that a startup has raised such a big amount, and from international investors. The round become led by Silicon Valley-based totally GGV Capital with participation from new investor Qunar and current investor Vertex Venture Holdings, which is Singapore’s oldest venture capital company. This is not the unmarried largest quantity raised by using a tech company although, with that honour going t...