| TRENDING STORIES IN LATEST STARTUPS NEWS | | | | | | | ALL STORIES IN LATEST STARTUPS NEWS | | |
| Fab Raises $150 Million From Investors in China, Japan | | Fab, a two-year-old online store for design goods, is laying the groundwork for further global expansion. The startup announced Tuesday that it has raised $150 million in a partial series D round from investors including Tencent, Atomico, Andreessen Horowitz, Itochu, Menlo Ventures, RTP Capital, Pinnacle Ventures, Lars Hinrichs and Docomo Capital.
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| Man Loses Home Following Overly Funded Kickstarter Project | | Tuesday, June 18, 2013 10:03 PM | Luisa Rollenhagen |
| You apparently can have too much of a good thing. Ed Carter only wanted to raise $21,000 through Kickstarter to finance a deluxe edition of "Glory to Rome," a board game produced by his company, Cambridge Games Factory. He ended up raising more than $73,000, with pledges from more than 1,600 people. SEE ALSO: 20 Funniest YouTube Videos According to Reddit After that, things started to go downhill for Carter.
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| Report: Yahoo to Buy Qwiki for $50 Million | | Tuesday, June 18, 2013 11:02 AM | Lauren Indvik |
| Yahoo is reportedly in advanced talks to acquire Qwiki, the makers of a popular iOS app that turns photos, sound and video clips into short movies. That's according to AllThingsD, which says the deal could go for as much as $50 million. SEE ALSO: 6 Ways Yahoo Can Become Cool Again Qwiki fits in well with Yahoo's recent acquisition history: It's a mobile-first startup priced under $100 million.
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