Formation 8 led the Series B round for preschool-focused digital learning company Kidaptive which raised USD 10.1 million to further develop its first product, Leo's Pad: Preschool Kids Learning Series for iPad.
Funding
Yuri Milner invests millions into GenapSys
Russian millionaire and entrepreneur Yuri Milner recently led a Series B funding round for genetics upstart GenapSys for the commercialization of the company's genome-sequencing platform.
Carlyle Group acquires majority stake in Edgewood Partners Insurance Center
Global asset management firm The Carlyle Group will buy a majority stake retail insurance brokerage company Edgewood Partners Insurance Center. Details of the deal, however, were unknown.
Sumpto raises USD 350,000 in funding
Sumpto said it secured USD 350,000 in funding from SocialStarts.net and Nick Brien to bring more partners to its platform that measures the social influence of college students.
TinyCo lands USD20 million in funding for game development
San Francisco-based mobile gaming powerhouse TinyCo landed USD20 million in a funding round from Pinnacle Ventures and Andreessen Horowitz, to be used for the development of its iOs and Android games.
Latest News
Cornerstone OnDemand announced the launch of the Cornerstone Innovation Fund that will invest in cloud startups to develop innovative solutions for organizations seeking to enhance their talent management strategies.
Multinational hospitality company Hilton Worldwide was expected to begin marketing a USD3.5 billion collateralized mortgage-backed security this week. This is the biggest CMBS offering since the global crisis.
Swiss private equity firm Partners Group AG raised USD800 million for its leveraged debt fund. The company expects the fund to yield more quickly as it anticipates a ramp-up in investments next year.
Venture-back startup Windsor Circle obtained USD950,000 in its Series A-1 funding round. The software solutions and services company has now raised a total of USD2.4 million.
creativeLIVE, a live online classroom that provides free learning sessions, received USD21.5 million in its Series B financing round, and will be using it for its planned mystery investment in infrastructure and company expansion.
Search engine giant Google and private equity company KKR & Co. will be financing a solar power plant project for USD400 million. Six solar power plants were being built by Recurrent Energy LLC in California and Arizona.
Airline firm Virgin Australia Holdings Ltd said it plans to raise USD350 million in capital to enhance its liquidity by offering new shares to its existing shareholders.
New York-based wealth advisory firm Snowden Capital Advisors LLC entered into an agreement with private equity fund Estancia Capital Partners LP for a strategic growth capital investment.
Paris-based restaurant directory 1001 Menus received USD1.8 million in a Series A funding round led by Elaia Partners to be used for the company's expansion in Europe.
