Social photo network Everyme, backed by AOL's Crunchfund, raises $2.15m series A round led by Tencent.

Google Ventures-backed personal productivity startup TenXer raises $3m in a series B round led by True Ventures.

IBM hosts an event to promote entrepreneurship in Africa, as part of its wider SmartCamp early stage programme.

Sauce Labs, a cloud-software developer, attracts a $3m series B round from Triage Ventures and Salesforce.com.

The nine finalists of Wayra Germany are detailed by the Spain-based telecoms group.

Fashion retailer Twice raises $4m in a venture round that includes AOL-backed venture firm CrunchFund, SV Angel, IA Ventures, and others.

OnLive said investors had included phone operators AT&T, British Telecommunications (BT) and Belgacom Group, filmmaker Warner Brothers, software provider Autodesk, phone maker HTC, network equipment provider Juniper Networks and venture capital firm Maverick Capital and family office Lauder Partners.