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Nomadic raises $6 million round

Immersive entertainment company Nomadic has raised a $6 million seed round of funding. The investment was led by Horizons Ventures, with participation from Maveron, Presence Capital, Vulcan Capital, and Verus International.

[Image courtesy: Nomadic]

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Island raises $175M

Dallas, Texas-based enterprise browser company Island raised $175 million in Series D funding, raising the company's valuation to $3 billion.

Binance founder Changpeng ‘CZ’ Zhao sentenced to 4 months in prison — Gizmodo

Zhao pleaded guilty to money laundering violations as part of Binance’s agreement with the United States Department of Justice, writes Maxwell Zeff in Gizmodo.