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Stream raises $38M as its chat and activity feed APIs power communications for 1B users

TechCrunch

Stream , which lets developers build chat and activity streams into apps and other services by way of a few lines of code, has raised $38 million, funding that it will be using to continue building out its existing business as well as to work on new features. “It’s rare to see a product so critical to customers and scaling well.

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Turkey’s Spyke raises $55M in a seed round to bring a social twist to casual mobile games

TechCrunch

Istanbul has become a city to watch when it comes to casual gaming startups, boosted by the likes of Peak ( acquired by Zynga for $1.8 Spyke Games , which hopes to bring a new dimension to casual games by using multiplayer functionality and other social elements, has raised $55 million in a seed round of funding.