Alibaba Group Holding's revenue has accelerated just in time before launching its public debut, reported ET.
Deals
Lighthouse Funds acquired 12.5 percent in Bikaji Foods International
Lighthouse Funds has purchased 12.5 percent in Bikaji Foods International in a deal valued INR90 million, reported Economic Times.
Fastest Growing Marketing Automation Company Secures $42 Million in Venture Financing Led by Technology Crossover Ventures
BEAVERTON, OR--(Marketwired - Apr 15, 2014) - Act-On Software, the leading marketing automation provider for small and mid-market enterprises, today announced it has secured $42 million in new venture financing. Technology Crossover Ventures (TCV) led the round, with existing investors Norwest Venture Partners, Trinity Ventures, US Venture Partners, and Voyager Capital also participating. Act-On will use the new capital to accelerate its business on all fronts, including new product development, sales expansion, and brand recognition.
Squarespace gets USD40 million Series B funding
Online website maker Squarespace has taken in USD40 million worth of Series B funding, reported TechCrunch.
San Francisco fundraising site AngelList launches VC fund Maiden Lane to invest in syndicated deals
San Francisco, US-based fundraising site and investor-startup community AngelList launched its new venture capital (VC) fund called Maiden Lane, which will invest in syndicated AngelList deals.
Latest News
Mountain View, US-based marketing platform developer AgilOne bagged $25 million in its Series C funding round from undisclosed investors to help small and medium-sized businesses (SMBs) grow using big data.
Wellington, New Zealand-based mining firm Bathurst Resources Ltd secured A$7.39 million in a discounted placement of its shares at A$0.06 (NZD0.065) apiece to gain funds for its open-cut coal project on the Denniston Plateau.
Indian e-commerce marketplace giant SnapDeal snapped up Noida-based fashion products discovery site Doozton for an undisclosed amount to leverage the latter's personalized shopping technology for its own platform.
New York, US-based investment firm TPG Growth committed $100 million in a joint venture with Gurgaon, India-based emerging business market builder Smile Group to help Internet and e-commerce firms expand to India, Africa, and other emerging markets.
Canberra, Australia-based cloud computing services provider CloudCentral bought the intellectual property of San Mateo, US-based software firm DEY Storage Systems for an undisclosed amount in lieu of paying for third-party storage services.
Helsinki, Finland-based corporate wellness startup HeiaHeia scored €1.5 million in its first funding round led by Wallstreet Financial Services for its international expansion, marketing improvement, and product development.
Chicago, US-based medical device startup Miret Surgical pocketed $664,750 in a Series A funding round from several angels and venture capitalists to develop a set of laparoscopic tools that will make surgeries less invasive with less scarring.
London, UK-based cross-border payments startup The Currency Cloud raised $10 million in a Series B funding round to make international payments smoother and more transparent.
FARMINGTON, CT--(Marketwired - Apr 14, 2014) - Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), a leading specialty finance company that provides secured loans to venture capital and private equity backed development-stage companies in the technology, life science, healthcare information and services, and cleantech industries, announced today that, in connection with the United States Bankruptcy Court-approved sale of substantially all of the assets of Xtreme Power, Inc. ("Xtreme"), Horizon has successfully exited its investment in Xtreme.
