Institutional investors
Spree Commerce grabs $5M in Series A round led by Thrive Capital
Spree Commerce, a maker of open source software that enables online retailers to build their own online storefronts, grabbed $5 million in its Series B round, VentureBeat reported.
California mobile marketing startup Kahuna bags $11M in Series A funding
Mountain View, US-based mobile marketing startup Kahuna bagged $11 million in a Series A funding round from Sequoia Capital to create more effective marketing messages to customers.
Ankur Capital backs three rural startups in India
Mumbai, India-based impact investment fund Ankur Capital shelled out INR50 lakh for a 30% stake in each of the Indian rural startups cloud farm-management systems firm Cropln, home compost company Daily Dump, and eye-care service provider ERC.
H.I.G. Capital affiliate Bayside Capital purchases Hilton Hotel from Pandox AB
Bayside Capital, an affiliate of private equity firm H.I.G. Capital, has bought the Hilton Hotel in London Docklands from Pandox AB for an undisclosed price.