News aggregator closed USD1.8 million in a Series A financing round led by Advance Publications. News aggregate startup Newsle secured USD1. 8 million in Series A funding this week.
Consumer Web/Social Media
Twitter's IPO volume sends message to fellow start ups
Market acceptance at an IPO lull period is the message Twitter sent to all fellow start ups. The initial public offer of Twitter had sent a powerful signal to technology executives reviewing market floats of Silicon Valley startups.
Twitter's IPO drops 7.24% on second day
Micro-blogging site Twitter closed at USD41.65 today, dropping by 7.24% from its IPO debut. Social media site Twitter closed its second day of trading at USD41.
Box, the data storage company, prepares for its own IPO
In preparation for its 2014 IPO, Box had appointed banks to manage the share sale and market debut. Another one of Silicon Valley's highly anticipated IPO issues is data storage company Box.
Estonia builds startup fund for another Skype
Estonia revealed its plan to raise a new fund of EUR60 million for the development of a second Skype.
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Lime&Tonic raises EUR1.0 million in angel investments for its funding round. Digital concierge service provider Lime&Tonic announced the closure of its Angel round of funding.
Coresytems raises USD15.5 million in its Series A funding round. Mobile cloud field service firm Coresystems recently announced the receipt of pledges amounting to CHF14 million or USD15.
The following bids, mergers, acquisitions and disposals were reported on Thursday. The following bids, mergers, acquisitions and disposals were reported on Thursday.
Twitter Inc soared as much as 92 percent in its first day of trading on Thursday on the New York Stock Exchange as investors snapped up shares in the popular microblogging site in a frenzy that recalled the days of the dot-com bubble.
Artists' social community DeviantART raised a new round of funding amounting to USD10 million from Autodesk.
Google Ventures added two new investors, Shanna Tellerman and Dave Munichiello, in its roster. Google Ventures welcomed Shanna Tellerman and Dave Munichiello, its two new investment partners, to its ranks.
A report from the Wall Street Journal said payment startup Square Inc was thinking of going public next year.
Twitter announced that it had set its IPO price at USD26 per share and will start trading on the New York Stock Exchange on Thursday.
The following bids, mergers, acquisitions and disposals were reported on Wednesday The following bids, mergers, acquisitions and disposals were reported on Wednesday:Germany's Siemens agreed to sell the bulk of its water technologies business to private equity group AEA Investors for 640 million euros ($862 million).
