American rap superstar Kanye West is buying 10 Burger King outlets across the UK, France, and Italy for an undisclosed amount as a wedding present for fiancee Kim Kardashian.
Deals
New York brand advocacy startup Crowdtap picks up $5M in Series B funding
New York, US-based brand advocacy startup Crowdtap picked up $5 million in a Series B funding round led by Foundry Group to continue inspiring its customers to create quality promotional content on blogs and social media sites.
Mail.ru boosts stake in Russian social network Vkontakte.ru
Internet company Mail.ru signed an agreement to buy the 12% stake of Ivan Tavrin in Russian social network VKontakte.com for an undisclosed amount to bring its total holding to 52%.
San Francisco's Metabiota pockets $2.38M in venture round to monitor viral diseases
San Francisco, US-based health tech firm Metabiota pocketed $2.38 million in a venture round to monitor emerging threats of viral diseases around the world using big data analysis.
Procured Health secures $4M in Series A round
Procured Health, the startup that seeks to provide transparency to the pricing of medical devices, has received $4 million from FCA Venture Partners for its Series A funding round, VentureBeat reported.
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Citing sources, The Wall Street Journal reported that Singapore state investment firm Temasek Holdings was in advanced discussions for a "strategic" stake acquisition of Li ka-shing's health and beauty retailer Watson.
Brisbane, Australia-based diversified alternative asset manager Blue Sky Alternative Investments entered a deal to purchase Adelaide-based hedge fund Investment Science Asset Management for an undisclosed amount.
CitiusTech, a healthcare IT firm, was able to get an undisclosed substantial investment amount from growth equity firm General Atlantic, a statement about the funding said.
Cary, North Carolina-based cognitive systems firm Saffron Technology was able to bag $7 million for its Series B round from unnamed investors, a statement about the funding said.
Faraday secured $880,000 for its Series A funding round led by FreshTracks Capital and joined in by other investors, a statement about the funding said.
Coupa Software, a cloud-based finance solutions provider, bagged $40 million for its Series F funding round led by Meritech Capital, a statement about the funding said.
Boston, US-based application programming interfaces (APIs) provider MachineShop Inc emerged from stealth mode and got $3 million as its first capital from a group of its customers to enable businesses to create their own middleware for Internet of Things.
Nokia Growth Partners led the Series B round for China-based online food service platform Meican.com which raked in $10 million, a statement about the funding said.
What3words, the startup that seeks to provide three-word strings to map a location, has added $1 million to its seed financing round participated in by undisclosed investors, TechCrunch reported.
