Fondo Strategio Italiano, one of the bidders for a 20% stake in Versace, is willing to put in a bid valuing the Italian fashion house at EUR1.1 billion. Versace earlier said that it seeks a valuation of at least EUR1 billion.
Growth Equity
Big data startup Trifacta raises USD12 million in Greylock and Accel-led round
Trifacta, a San Francisco-based startup focused on making platforms for data analysis, raised USD12 million in new funding in an investment round led by Greylock Partners and Accel Partners.
Israeli startup Carambola Media receives USD4 million in Series A funding
Months after receiving a USD1 million in seed investment, Israeli startup Carambola Media raised USD4 million in a Pitango Venture Capital-led Series A funding round.
State-level tests underway for equity crowdfunding- report
A report from The Wall Street Journal said more and more entrepreneurs and young companies were taking part in test runs at the state level for new federal rules regarding equity crowdfunding.
German startup Wywy bags USD7 million in Series B funding for expansion
Germany-based second screen TV startup Wywy announced that it has secured USD7 million in Series B funding for its expansion to Europe and the United States.
Latest News
Clarity Health Services, a Seattle, Washington-based care coordination solutions provider for the healthcare industry, received USD 6.6 million funding from Columbia Pacific Advisors' Opportunity Fund.
Hardware startup Misfit Wearables raised USD15.2 million in fresh capital in a funding round led by Li Ka-shing's Horizons Ventures and also participated by its existing investors.
Trufa, a real-time data analytics software that aids companies in improving its financial performance via operational expenses analysis, nabbed USD4.5 million in Series A funding in an investment round led by Accel Partners.
Russia-based platform for publishing and viewing educational content BeSmart.net will receive USD4 million in total investment over the next three years from Hong Kong's Education Matrix.
Chinese investment firm Sailing Capital Management has launched a USD821 million (CNY5 billion) cross-border buyout fund through Shanghai Sailing Industrial Capital, a subsidiary of the company.
Washington-based organic salad chain Sweetgreen has received USD22 million in funding from investment fund Revolution Growth to help grow the company's brand in new markets.
Brazil-based antivirus startup PSafe raised USD20 million in a Series C investment round led by Qihoo 360, to be used for building the firm's technology and awareness marketing.
The new Series C funding worth USD42 million received by DataSift, a social data platform for enterprises and brands, was said to be used for expansion in international markets and verticals, and strategic acquisitions.
German startup accelerator Rocket Internet raised USD112 million in new funding for online fashion retailers Zalora and The Iconic, making it the biggest single investment made for an e-commerce company in the Asian Pacific region.
