The alarming levels of pollution in Paris, France have pushed the government to ban half of the city's vehicles except electric and hybrid cars on Monday and Tuesday in an effort to help clear the smog trapped in the city.
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New York's Reonomy nabs $3.7M in Series A funding to simplify commercial real estate property research
New York, US-based commercial real estate (CRE) property research platform Reonomy nabbed $3.7 million in its Series A funding round led by SoftBank to simplify the process of gathering CRE data.
ITS Compliance receives $5.75M investment from First Analysis and Argentum
ITS Compliance Inc raised $5.75 million in funding from private equity growth investor First Analysis and its long-time partner Argentum, a statement about the funding said.
Norwegian sovereign wealth fund to invest in renewable energy
Norway announced that it is letting its sovereign wealth fund World Wildlife Fund (WWF) lead a major investment in the renewable energy sector of the country to reduce greenhouse gas emissions.
AltSchool bags $33M in Series A round
Founders Fund and Andreessen Horowitz led the Series A round of AltSchool, the startup that seeks to provide personalized education to students, which secured $33 million, TechCrunch reported.
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Blackford Capital, a Michigan-based private equity firm, has acquired Grand Transformers Inc or GTI. Financial details about the transaction were not disclosed in the statement about the funding.
Zillow and its recently-appointed Chief Industry Development Officer Errol Samuelson were sued by Move and the National Association of Realtors for breach of contract, among others, TechCrunch reported.
Private equity-backed Netchemia, which provides cloud-based talent management software solutions, has acquired online recruiting and application management company SchoolSpring for an undisclosed amount, VentureBeat reported.
Bedford, US-based SQL database startup VoltDB raised $8 million in a Series B funding round led by an unnamed investor from Silicon Valley to scale databases both up and out.
San Francisco, US-based cloud storage giant Dropbox acquired Cambridge, Massachusetts-based stealthy workplace chat solution Zulip for an undisclosed amount to integrate its services into its product offering.
Realty Mogul, a crowdfunding startup focused on the real estate market, said its members invested $14.6 million of equity in properties worth more than $100 million, TechCrunch reported.
After 14 years of service in Microsoft, Xbox Chief Product Officer Marc Whitten will be departing and heading over to Sonos to take the same position for an unspecified reason.
While Google is expanding its public cloud, the Google Compute Engine, with new features, it has remained silent about getting new customers to use the platform, VentureBeat reported.
Bangalore, India-based online jewelry retailer BlueStone bagged $10 million in its Series B funding round led by venture capital firm Kalaari Capital to beef up its marketing and branding campaigns.
