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.
Deals
Paperless Post receives USD25 million Series C funding
Paperless Post has received USD25 million Series C funding led by August Capital, confirmed by TechCrunch.
Google Inc. acquires Titan Aerospace, financial terms undisclosed
Google Inc. has acquired Titan Aerospace without disclosing financial information regarding the deal, reported Ventures Africa.
Alibaba Group Holding Ltd accelerates growth revenue, a timeley lift before anticipated IPO
Alibaba Group Holding's revenue has accelerated just in time before launching its public debut, reported ET.
California marketing platform AgilOne bags $25M in Series C funding
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.
Latest News
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.
Financial services startup Betterment has received USD32 million funding round from new and previous investors, reported TechCrunch.
Twitter has acquired social data provider Gnip, enabling the microblogging site to sell its bulk data without engaging services from a middle man, reported TechCrunch.
Jordanian startup Mixed Dimensions has raised USD1 million to go mainstream with 3D tools, reported TechCrunch.
Embattled Canadian smartphone maker BlackBerry has acquired healthcare IT firm NantHealth, reported TechCrunch.
