Cybersecurity company IID (Internet Identity) raised USD8 million from Bessemer Venture Partners as its first venture capital after 17 years.
Consumer Web/Social Media
Zemanta raises USD2 million in new funding
Zemanta's content discovery and audience development tools have raised funding from Union Square Ventures and Social Starts in the amount of USD2 million.
Mobli obtains USD60 million investment from Slim, other investors to expand visual search engine capabilities
A recent investment round by Israeli startup Mobli had secured USD60 million in investment from Carlos Slim's América Móvil and other institutional investors.
OpenText Corp shares rise after acquiring GXS Group
OpenText Corp.'s shares rose to record high USD7.77 after its announcement to buy GXS Group Inc.
Sprinklr raises USD17.5 million in Series C funding
Social relationship platform Sprinklr raised USD17.5 million from Battery Ventures and Intel Capital for its global expansion.
Latest News
China's Internet giant Tencent Holdings Ltd. made a move to shower Silicon Valley's app maker Snapchat with a USD200 million investment.
The following bids, mergers, acquisitions and disposals were reported on Tuesday. The following bids, mergers, acquisitions and disposals were reported on Tuesday.
Twitter's share price increase shows the divestiture of the conservative approach to IPO management.
Google announced that it will invest USD607 million to upgrade its seawater-cooled facility in Finland and convert it into a bigger data center.
Celebrity Justin Bieber invested USD1.1 million as seed round for a new social media network for teens.
Garantia Data had renamed itself to RedisDB, following a USD9 million investment round. Aside from acquiring USD9 million in funds, Garantia Data had changed its name to RedisDB.
After seven months since its launch, Sold announced it had been purchased by Dropbox for USD1.2 million.
Twitter reprices its IPO shares to USD23 and USD25 per share, pegging the volume price at USD1.75 billion.
Social media is utilized by financial advisers to connect with managers and prospective clients. In a report by Zurich Financial Services Australia, the number of financial advisers using social media has increased.
