Rover.com has raised a $7 million funding round led by the Foundry Group, AllThingsD reports. This brings the service, which connects dog owners to potential sitters in 4,300 cities, to over $10 million in funding.
The Mail.ru Group, which owned some 52 percent of “Russian Facebook” VKontakte, today announced that it has acquired all remaining stock in the company for $1.47 billion. The company plans to “fully consolidate” VKontakte into the fold. [Source: Mail.ru]
From Fortune: “The New Jersey Division of Investments has quietly sold its stake in a venture capital fund managed by General Catalyst Partners, following allegations of impropriety related to a political contribution from General Catalyst “executive-in-residence” and current Massachusetts gubernatorial candidate Charlie Baker.” These allegations were first reported by David Sirota for Pando. [Source: Fortune]
Microsoft announced today that it has acquired Mojang, the game development studio behind the uber-popular Minecraft franchise, for $2.5 billion. The company says that it expects the acquisition to “break-even” as early as next year. [Source: Microsoft]