Hallspot, a social network and mobile application aimed at establishing connections between college students and businesses, recently reached a million dollars in its third round of funding, according to the company.
Funding
DragonWave closes public offering with net proceeds of nearly CA$ 27 million
DragonWave Inc announced it was closing an underwritten public offering of units including full exercise of the over-allotment option. The net proceeds are estimated at CA$ 26.9 million. The company said it plans to use the net proceeds from the offering to strengthen its balance sheet, to fund working capital and for general corporate uses.
OHMK Medical Technology invests $7 million in EndyMed Ltd
Israeli-company EndyMed Ltd has reached an agreement with the Chinese OHMK Medical Technology, which will acquire 47.93 million EndyMed shares (28.94 percent share capital and voting rights), for $7 million.
Enumeral Biomedical Holdings announces $21.5M funding round, Cerulean Group merger
Enumeral Biomedical Holdings announced that it had completed a merger between the company and its subsidiary, Cerulean Group, Inc. Along with the news of the merger, the company also announced the conclusion of its private placement financing, which raised $21.5 million.
California Energy Commission awards $3M grant to Pacific Ethanol for ethanol feedstock alternative
The California Energy Commission recently endowed a $3 million grant to Pacific Ethanol to develop a product that would act as an alternative for sorghum. Sorghum is being used as a feedstock for ethanol.
Latest News
Home genetics startup 23andMe has secured a $1.4 million two-year grant from the National Institutes of Health (NIH) to build survey tools and expand its gene database.
After successfully developing an innovative start-up on home soil, the next step for many American companies is setting a course for the great leap across the pond. In case a start-up aims at expanding to the German market, 10 points in regards to PR strategies need to be kept in mind.
YouTube has embarked on a new round of discussions with Hollywood and independent producers to fund premium content, two sources with knowledge of the talks told Reuters
Following its $8.9 million Series B capital raise in March, Okyanos Heart Institute is rapidly approaching the day when it will be able to treat the first heart patient using autologous adipose derived regenerative cells (ADRCs) in the Bahamas. Adipose, or fat, is the richest source of regenerative cells in the body and the term "autologous" simply means that the cells are derived from the same patient undergoing the cell therapy treatment.
SoftBank Corp's venture capital arm is close to securing an investment in enterprise mobile company Kony Inc, and could announce a deal as soon as Tuesday, people close to the matter said.
NEW YORK, NY and BOULDER, CO - DH Capital, LLC, an investment banking firm serving companies in the Internet infrastructure, communications and SaaS sectors, is pleased to announce that it served as financial advisor to Infrascale, a leader in cloud-based data protection solutions, in its recently closed $16.3 million Series B round of funding, led by new investor Carrick Capital Partners.
Hiring startup Gild has raised cash to help it tackle one of the U.S. technology sector's highest-profile challenges: the lack of diversity among its workers.
Business startup Zenefits has raised another $66.5 million from investors, months after its first capital-raising, following a pattern set previously by a handful of hot, young consumer companies that proved their worth to investors over a short span.
Flipkart, India's largest e-tailer, raised $210 million in a fresh round of funding from a group of four investors led by internet-focused investment group DST Global, it said in a statement on Monday.
