Freelance website Twago has received the second investment made from recruitment company Randstad's corporate venturing fund.

Mahindra Resorts & Holidays, part of the Mahindra Group, has purchased an 18.8% stake in Holiday Club Resorts Oy to increase its European presence in the vacation ownership industry.

CyberAgent invested $500,000 in a $12m round raised by the online fast food delivery service, which has a 60% share of the South Korean market.

The publicly-listed holiday home rentals site has acquired around 20 companies, but is about to make its first venture capital investment.

Job listings website Simply Hired has raised $12m in an IDG-backed series D round that brings its overall funding to more than $34m.

Mobile storage company SpaceWays is the internet incubator's fastest startup ever, launched in only eight weeks.

Music streaming service Rdio has acquired competitor TastemakerX, enabling an exit for investors including AOL Ventures.

Google has acquired the music streaming and recommendation company for a reported $39m, giving exits to both Amazon and William Morris Endeavor.

McConomy, who formerly worked at Mindjet and PricewaterhouseCoopers, will work in the technology campus' corporate innovation programme.