US-based boutique advisor and venture capital firm The Africa Group (TAG) picked up a 25% stake in Ethiopia-based health systems engineering services provider Telemed Medical Services (Telemed) for an undisclosed amount to help more people gain access to health resources.
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WestPark Capital Announces the Closing of $2,000,000 Financing for Digital Ally, Inc.
WestPark Capital, a Los Angeles based Investment Banking firm, announced today that it had closed a $2,000,000 private placement for Digital Ally, Inc. Proceeds will be used for general corporate purposes.
Novare Equity Partners opens new Nigerian real estate investment fund with $250 million
Novare Equity Partners opens its second urban real estate investment leg, Novare Africa Poperty Fund II, with $250 million focusing on African countries, specifically Nigeria - where it operates.
US-based solar-panel robotics startup Brittmore bags $1M in government grant
San Jose, US-based solar-panel robotics startup Brittmore Group bagged $1 million in a recent grant from the Department of Energy to automate the construction of solar power plants.
American music startup BandPage scores $8.5M in funding
San Francisco, California-based music startup BandPage scored $8.5 million in a funding round from music tech investors such as Mohr Davidow Partners, Robert Kavner, GGV Capital, and Walden Venture Capital.
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Some employees of Mozilla are asking newly-named Chief Executive Officer Brendan Eich to leave his post as three board members left the firm last week, VentureBeat reported.
Results of a study showed that the CoreValve system of Medtronic Llc posted a significantly higher rate of survival among patients who opted for the procedure than those who underwent open heart surgery, Reuters reported.
Neil Young's PonoMusic was able to raise over $5 million for its Kickstarter crowdfunding campaign for its PonoPlayer with 16 more days to go before the campaign ends, TechCrunch reported.
The National Assembly of Cuba has approved a new foreign investment law via a unanimous vote held through a special session, Reuters reported citing the country's official media.
As part of his move to step back from Y Combinator, Paul Graham announced that others would be taking over the responsibilities of Hacker News, TechCrunch reported.
Chicago-based Trustwave Holdings Inc denied allegations on the lawsuit filed by two lenders that it managed Target's data security and processed the data of its cardholders, Reuters reported.
An antique doll sculpted by Albert Marque set a record-breaking price of $300,000 in an auction event held by Theriault in Naples, Florida, a statement about the activity said.
Antoine Leblond, a longtime executive for Windows and Office, is leaving Washington, US-based software giant Microsoft on Monday to explore his opportunities outside of the firm.
Three people told Reuters that employees already approached Chief Executive Officer Mark Karpeles in 2012 about how the bitcoin exchange was protecting the money of its clients.
