The Newell Rubbermaid-backed and US-based parcel carrier suspends its service in February.

Israel-based technology company Tel-Ad Electronic backs Bday's $2m round, as it launched on Facebook.

Innovacorp has previously invested $550,000 in Seaforth and runs the Early Stage Commercialization Fund (ESCF), Dalhousie University's corporate residency Masters in Business Administration programme.

Formerly known as ATP Capital, Relay Ventures will manage the BlackBerry Partners II fund, with investors - called limited partners - from Canada-based Northleaf Capital Partners, Research In Motion (the maker of the Blackberry phone), Corus Entertainment and Thomson Reuters.

Genacast-backed travel company reportedly switches to business to business focus.

The ad agency teamed up with social gaming company Perfetti Van Melle, which owns the Chupa Chups brand on its first game.

Swisscom Ventures, the in-house venture capital division of the eponymous Alpine telecoms operator, and bank Credit Suisse's corporate venturing unit SVC - Ltd. for Risk Capital for SMEs, provided the $2m.

Venture capital firm Creathor Ventures joined Xange in Mobiles' series A round with the money to be used to expand its news apps, including News Republic, APPY Geek and Glam Life, on different platforms.

The corporate venturing unit of public relations firm MWW has done its first deal, backing one year old start-up BuzzMob in a services for equity exchange.