Institutional investors
British startup Evrythng raises $7 million
British startup Evrythng that aims to give all things in the world a unique URL has received $7 million Series A funding from Cisco which said that by 2020 the company would contain 50 billion "things."
California startup PunchTab bags $6.25M in new funding to run loyalty programs for enterprises
Palo Alto, US-based analytics and SaaS (Software as a Service) startup PunchTab bagged $6.25 million in its recent funding round led by Mohr Davidow Ventures to run loyalty programs and promotions for its large enterprise clients.
Box to possibly cancel IPO
The expected date for Box's public debut has been rescheduled said online media platforms Quartz and Wall Street Journal citing falling tech stocks prices happening on market bourses that could affect the share pricing of the company.
Greek petroleum firm StealthGas raises $47M in share sale
Kifisia, Greece-based petroleum and petrochemical gas products transporter StealthGas Inc raised $47 million through the sale of 4.47 million common shares at $10.50 apiece for its vessels purchases and other corporate purposes.