Mobile payments company Square has reportedly raised $100 million in a new round of funding with a valuation of about $6 billion, according to financial filings.
Snapchat has settled a lawsuit with co-founder Reggie Brown after over a year of fighting. The settlement is based on “mutually agreeable terms.” Those terms were undisclosed.
Conservis is a company that creates software to the farming sector. The company has raised $10 million in funding. Conservis enables farmers to review farming operations, harvesting, inventory, and marketing. Conservis’ software works on desktops and mobile devices. This round of funding was led by Cultivian Sandbox Ventures with participation from Middleland Capital and Heartland Farms. Conservis was founded in 2009 and raised $11 million in funding thus far.
Yahoo! Inc. (NASDAQ:YHOO) has announced that it has acquired advertising service Luminate. Luminate places ads within images. Luminate shut down its service on Wednesday September 3rd. Its publishers will receive a final payment by the end of the month. Advertisers will have their account balances returned to them as well.
TwitPic is shutting down after a trademark dispute against Twitter. Apparently Twitter threatened to cut off TwitPic’s API, which was the source of the content for all of TwitPic.