Kyruus, a Boston-based healthcare tech company, has raised an $11 million Series B from Lux Capital, Fidelity Biosciences, Venrock, and Highland Capital Partners. The funding will be used to bolster the company’s sales efforts.
The Verge has a fascinating story on Mail.ru founder Dmitry Grishin’s Herculean (and expensive) attempts to buy a Tesla Model S and bring it to his home country of Russia, navigating “five months of ordering, waiting, transporting, paperwork, and red tape.” [Source: The Verge]
Wanda, Tencent, and Baidu have partnered to create an $814 million e-commerce network in China, the companies have announced. Wanda will own 70 percent of the new company; Tencent and Baidu will each own 15 percent. The company will debut later this year. [Source: Reuters]