SpringCM announced raising USD18 million led by Goff Capital, Foundation Capital and Square 1 Bank. The announcement was made today adding that the funding round would be used to expand company operations in sales and marketing division.
Deals
Live Nation Entertainment becomes full owner of Live Nation Japan with minority stake buy
Beverly Hills, US-based live entertainment and e-commerce firm Live Nation Entertainment picked up a minority stake in Live Nation Japan for an undisclosed amount to become the latter's full owner.
Tuition.io manages USD1 billion student loans, gets new investor
Tuition.io announced that it has received a new investor following its management of more than USD1 billion student loans and finding ways to monetize the site through ads posted on its blogs.
Twitter-clone Weibo cuts its IPO size offer
Chinese microblogging site Weibo has cut its offered IPO size after a shaky start taking in only USD286 million from 16.8 million depository shares sold which was far from the expectations on Wall Street.
AngelPad to launch 11 startups in San Francisco today
AngelPad has been rearing startups prior to their public debut and today, during its Spring Demo Day, the company would launch 11 startups to a roomful of investors, techies and the media.
Latest News
Lending Club gets new funds valued USD65 million and acquires Springstone Financial for USD140 million, from investors including Wellington Management Company, BlackRock, T. Rowe Price Associates Inc. and Sands Capital
Zoosk has filed with the Securities and Exchange Commission an IPO valued USD100 million, reported TechCrunch.
Melbourne, Australia-based animal therapeutics developer Nexvet Biopharma scored $31.5 million in a funding round from investors and shareholders to expand its product portfolio and clinical program for pets' health.
Irvine, California-based firm Newlight Technologies pocketed $9.2 million in its third funding round to create low-costs plastics from greenhouse gases in a bid to help address climate change.
Gurgaon, India-based online travel agency Yatra.com took home INR140 crore in its fifth funding round led by IDG Ventures India and Vertex Venture Holding to fund future acquisitions.
Santa Rosa, US-based healthcare informatics firm AdverseEvents secured $2 million in its Series A funding round led by London, UK-based life science research firm Evaluate Ltd to accelerate its growth.
Austin, US-based startup M87 closed $3 million in its Series A funding round led by Qualcomm Ventures, 21Vianet, and other angel investors to fund its 4G-bandwidth sharing project for mobile networks.
Richardson, US-based secure cloud hosting firm FireHost received $25 million in its latest funding round led by Little Rock, Arkansas-based investment firm Stephens Group to fuel its growth and marketing campaigns.
One Medical Group has received a USD40 million investment led by Redmile Group, led by Redmile Group and other previous investors of the company
