Startup ReelGenie closed USD 850,000 in seed funding. Maryland-based startup ReelGenie secured seed funds amounting to USD 850,000. The round was led by CNF Investments, the Maryland Venture Fund, Wharton School faculty members, and angel investors.
Institutional investors
Lazy Dog secures investment from Brentwood Associates
Lazy Dog Restaurant & Bar becomes the newest recipient of Brentwood Associates’ investment but financial details of the deal were not revealed.
Comvest Partners and City Loan ink deal for US $30 mln credit line
City Loan, a Larsen MacColl’s portfolio company, secures a loan facility worth US $30 million from Comvest Partners.
Bets on gold increase from hedge funds, Goldman looks at decline
Many hedge funds raised their bets on the increase of gold prices, yet Goldman Sachs Group expected a reverse on the gold rally to occur.
New and existing investors inject more life to therapeutics company aTyr Pharma
aTyr Pharma secured US $49 million equity financing from new and existing investors. California-based aTyr Pharma said it closed US $49 million in equity financing, which will be used to finance clinical trials to address rare autoimmune diseases.
Latest News
Rockwood Holdings Inc. sells its Clay-Based Additives to ALTANA for US $635 million. Rockwood Holdings Inc. agreed to part with its Clay-Based Additives operations in favor of the ALTANA Group for US $635 million.
California-based GridGain Systems gets US $10 million in series B funding from Almaz Capital. GridGain Systems acquired US $10 million from a series B venture funding led by global venture capital firm Almaz Capital.
Marlin Equity Partners infused SigmaCare with fresh equity funding. Marlin Equity Partners recently backed SigmaCare with fresh equity funding. No financial details were disclosed, but SigmaCare CEO Steve Pacicco said the funds will be used for expansion.
Darwin Private Equity bought Esendex for GBP 11 million (USD 16.9 million). Darwin Private Equity acquired Esendex for GBP 11 million (USD 16. 9 million).
A leaked photo of Apple's low-cost "iPhone 5C" seem to hint the possibility of rumors.
There are currently four ways to advertise on Twitter. Like Facebook, Twitter was focused on in-stream ads and leveraged organic social activity in the social media site.
A mining analyst said that improved consumer sentiment in the US is a good sign for diamond investors.
Valeant Pharmaceuticals said it expected to save more than USD 800 million when it buys Bausch & Lomb.
A recent filing with the US SEC showed that Frank's International N.V. raised the size of its IPO to USD 724.5 million.
