San Francisco, US-based photo sharing service Imgur closed $40 million in its Series A funding round led by Andreessen Horowitz and Reddit to facilitate its workforce and marketing expansion.
Deals
Illinois firm Professional Service Industries adds Midwest Engineering
Illinois, US-based testing and consulting firm Professional Service Industries Inc added Midwest Engineering Services Inc for an undisclosed amount to become the biggest testing firm in Wisconsin.
Atlanta-based telephone firm Digitel buys IT service provider JTECH
Atlanta, US-based telephone and data networking firm Digitel Corp bought Cumming, Georgia-based managed IT services provider JTECH Networks for an undisclosed sum to expand its portfolio of services.
J-Lo’s NuvoTV inks deal with Fuse TV
According to sources who asked not to be named, J-Lo’s NuvoTV has inked a deal with Fuse TV, allowing the channel to reach more viewers, reported Bloomberg.
AdsNative raises USD2 million in seed funding
AdsNative has raised USD2 million in seed funding to be used for its technology expansion, reported TechCrunch.
Latest News
Ontario, Canada-based non-profit research organiztion Centre for Research and Innovation in the Bio-Economy (CRIBE) invested C$1.5 million to increase the annual capacity of renewable liquid fuels producer Ensyn Technologies from 3 million liters to 13 million liters.
New Delhi, India-based microfinance institution Satin Creditcare Network Limited (SCNL) bagged $4.7 million (INR28.44 crore) in a funding round led by Norway-based impact investor NMI Fund III KS (NMI) to fuel its growth and diversification.
Opus Bank announced filing its IPO today and listed 5,757,460 shares of common stock and would be listed on the NASDAQ.
A source told ET that Brookfield Asset Management intends to acquire a 100 percent stake in Unitech Corporate Parks.
GrubHub Inc. announced pricing its public debut at USD26 per share piece and would start trading on Friday on the New York bourse, reported Reuters.
PricewaterhouseCoopers has announced its acquisition of Booz & Company without disclosing financial terms of the deal, reported Ventures Africa.
IMS Health Holdings has set its price for the company's initial public offer to start trading on Friday on the NYSE, reported Reuters.
Billionaire and shopping mall mogul Henry Sy would expand his foothold in China with new shopping malls in Yangzhou and Changzhou, reported Bloomberg.
Databank Financial Services has launched a private equity fund to cater to small and medium industries in Africa's agricultural sector.
