South African wireless operator Vodacom had laid out plans to increase its investments through increased pace of network upgrades according to its Chief Executive Officer Shameer Joosub.
Growth Equity
Yododo secures USD4 million in Series A funding from Gobi Partners
Yododo, the largest online travel community in China, raised USD4 million in Series A funding for the expansion and improvement of its products and services.
Arrayent raises USD11.9 million for cloud connect platform
California-based cloud connect platform Arrayent recently raised USD11.9 million from Doll Capital Management, Intel Capital, and Opus Capital, to be used for its planned expansion and growth.
CustomInk raises USD40 million in funding from Revolution Growth
US-based custom apparel company CustomInk recently secured USD40 million in funding from Revolution Growth, to be used for the expansion of its facilities in Northern Virginia, Charlottesville, and Nevada.
Arpex Capital gives USD 200,000 in seed funding to Backdoor
Backdoor, the anonymous messaging app, founded by technology prodigy Daniel Singer, was able to gather USD 200,000 in seed funding from Brazil-based investment company Arpex Capital.
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The USD25 million funding Jessica Alba's The Honest Company had raised would go towards implementing its growth plans, including a potential expansion in the Canadian market.
Analyst Andrew Temming of US-based investment firm Renaissance Investment Management said the firm had yet to find a stock on the Philippine Stock Exchange that they'd like to invest on.
Octopus Investments led the seed round, which raised more than GBP 700,000 for Uniplaces. Student accommodation website Uniplaces was able to raise more than GBP 700,000 in seed funds.
Retail giant Lulu Hypermarkets, under the leadership Yussuffali MA is expanding to Asia, North Africa and Middle East.
Depending on their risk interpretation of the current debt situation of JCPenney under new CEO Mike Ullman.
Ross' investments in shipping is based on faith that emerging markets would boost trade in the long haul.
Feronia identified the private placement equity investors and the breakdowns as to their purchases.
Espresso Logic's first reactive logic programming based database backend merits seed funding in the amount of USD1.6 million from renowned Silicon Valley angel investors such as Inventus Capital.
A total of USD6 million in capital was provided by Guggenheim Partners for CardCash for growth financing purposes.
