Stitch Fix founder and CEO Katrina Lake told Techcrunch in an interview that the additional USD12 million funding would go towards keeping up the organic growth of the online shopping startup.
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Galfar Engineering offer oversubscribed
One of Oman's largest construction firms have issued a rights issue that was 96% oversubscribed.
Microsoft releases Windows 8 update globally
The Windows 8.1 update would seek to address issues that had been found in the original Windows 8 operating system.
Blackstone's Brixmor to gather up to USD 787.5 million in US share sale
Blackstone Group's Brixmor Property Group would be raising USD 787.5 million in a planned US IPO.
Breathometer Inc closes seed funding with nearly USD 2 million
Breathometer Inc scored close to USD 2 million in its seed funding round, and would use the funding to produce and market its Breathometer device.
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According to a report by Techcrunch, Prime Ventures provided a capital infusion of USD7 million to mobile games marketing platform AppLift.
Anaqua scored USD 25 million from Bessemer Venture Partners. Private equity firm Bessemer Venture Partners (BVP) backed technology firm Anaqua with a USD 25 million investment.
HSBC Holdings would be winding down the operations of its InvestDirect Securities unit in India. HSBC Holdings would be exiting its India-based retail broking and retail depository services unit in India.
NXT Capital invested in MyBuys through a USD 4.5 million subordinated venture loan. The Venture Finance Group of NXT Capital gave a USD subordinated venture loan to support MyBuys.
TextPower raised capital commitments amounting to USD 525,000 in its Series A round. TextPower Inc completed its Series A financing round with USD 525,000 in investments.
A Blackstone Group-led consortium would privatize Pactera Technology. A buyout group led by private equity firm Blackstone Group would be taking China-based Pactera Technology International Ltd private.
Private equity firms Carlyle Group and AlpInvestment Partners assumed the management of two fund of funds in Indiana.
Private company intelligence firm PrivCo predicted that Alibaba's valuation would be at USD110 billion should the company go public.
Marketing intelligence company Mintigo raised USD10 million in its recent funding to further growth in social data marketing and company sales.
