Medical device company Tandem Diabetes Care raised USD120 million in its listing. The company had put up for sale 8 million shares of common stocks priced at USD15 each share.
Institutional investors
Buffett's Berkshire buys sizable new Exxon Mobil stake
Warren Buffett's Berkshire Hathaway Inc on Thursday disclosed a new $3.45 billion stake in Exxon Mobil Corp, after buying 40.1 million shares in the world's largest publicly traded oil company.
Cornerstone OnDemand gets Cornerstone Innovation Fund underway
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.
Hilton to offer record USD3.5 billion CMBS
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.
TWO MAIN SHAREHOLDERS TO SELL 15 PCT OF SHARES IN DENMARK'S PANDORA
Pandora's two main shareholders will offer about 20 million of its existing shares, representing 15.4 percent of the share capital, to institutional investors, the Danish jewellery maker said on Wednesday.
Latest News
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.
Virginia-based wealth management technology company Wealthcare Capital Management said today that it will be acquired by private equity investment firm NewSprings Holdings LLC. Financial terms, however, remain undisclosed.
Despite Daniel Loeb's assurance that he or his hedge fund Third Point LLC does not have any plans to ouster FedEx Corp founder, chairman and chief executive Fred Smith, an analyst said
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.
Although the management of online advertising service Swoop did not disclose the purpose of raising new venture capital, Chief Executive Officer Ron Elwell's statement to TechCrunch indicated that the company might still be focusing on building its sales team.
An analysis of the filings made by small businesses with the US Securities and Exchange Commission indicate that more than 320 of them would want to raise funding via social media, and a handful had already raised funding.
Additional requirements on the amended Jumpstart Our Business Startups Act (JOBS) of 2012 would still hinder entrepreneurs and companies to secure funding via social media sites like Facebook and Twitter.
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.
