Virginia-based tech startup FoundationDB raised USD17 million in a financing round led by Sutter Hill to be used for the expansion of its reliable database project.
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Tech venture firms FirstMark Capital and Atomico raises new funds
Venture capital firms FirstMark Capital and Atomico raised USD225 million and USD476.6 million respectively. Said firms have been known for investments in early stage technology companies.
LendUp secures USD14 million in funding round led by Google Ventures
San Francisco-based alternative payday loans startup LendUp raised USD14 million in its first venture round led by Google Ventures to lend money to people with poor credit.
France concerned over Paris finance hub after ICE-NYSE merger
The French government on Tuesday approved IntercontinentalExchange Inc's takeover of stock market operator NYSE Euronext but urged French market players to step in to preserve Paris as a financial centre.
Warrnambool bidding heats up with Murray Goulburn increasing its offer
Warrnambool Cheese and Butter Factory is now the subject of a three way battle as bidders Bega Cheese, Saputo and Murray Goulburn all seek to be the owner of the manufacturer of brands such as Sungold Milk and Great Ocean cheese.
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SmartThings received USD12.5 million in a Series A financing round led by Greylock and Highland Capital for its hub that allows smart devices to communicate with each other.
Hotel chain Extended Stay America Inc raised $566 million after its initial public offering was priced at $20 per share, the mid-point of its expected range.
Murray Goulburn Co-operative Co Ltd, the second-biggest shareholder in Warrnambool Cheese and Butter Factory Co Holdings Ltd, raised its takeover offer for the Australian dairy company to A$505 million ($470 million), trumping Canada's Saputo Inc's bid.
A settlement was reached between representatives of both American Airlines and US Airways Group and the US Department of Justice would pave the way to the approval of the merger.
CBRE GROUP SAYS PURCHASE PRICE IS PAYABLE IN CASH, EXCEPT FOR ABOUT $9 MLN PAYABLE IN CBRE COMMON STOCK TO NORLAND SENIOR MANAGEMENT
IntercontinentalExchange Inc's takeover of NYSE Euronext is complete and stock of the combined company will begin trading under the symbol ICE on Wednesday, said the head of ICE, an exchange and clearing house operator.
Rakuten Inc sought court action to stop the passage of the bill to prohibit the over the counter sales of certain drugs over the Internet.
The Carlyle Group announced the closure of the latest collateralized loan obligation, which is the company's way of investing into the market through global market strategies and solutions, real assets and corporate private equity.
Cisco is expected to report higher quarterly profit for its fiscal first quarter of 2014. The report may uncover any evidence of sales pressure from the U.S. federal government shutdown and weakness in China.
