Institutional investors
OnBeep raises Series A funding round of $6.25M to build next generation of wearable communication devices
San Francisco-based startup OnBeep has announced a new Series A round of $6.25 million in new funding to build what it calls “beautiful wearable communication devices that unite groups and allow teams to collaborate more fluidly in real time”.
WebLinc garners $6 M Series A funding from Safeguard Scientifics for digital ecommerce platform
E-commerce platform provider WebLinc announced on Tuesday that it raised $6 million in a Series A financing round from Safeguard Scientifics, Inc. The funding would reportedly go towards plans for the company's aggressive growth.
Northern and Shell Ventures awards advertising subsidy to online rental startup OpenRent
The deal would have OpenRent launch a national television advertising campaign and other media channels through the Northern & Shell Media Group in its bid to significantly increase the number of new landlords who have been utilizing its platform.
Sensata to buy Schrader as Europe adopts tire pressure sensors
Sensors and electrical controls maker Sensata Technologies Holding NV said it would buy Schrader International to meet growing demand for sensors to monitor car-tire pressure.