Djibouti has received $11 million grant from the European Union to help the country in looking for ways to solve the current problem in potable water and its scarcity of supply.
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.
Latest News
Moveline has raised $5.9 million Series A funding round from multiple investors including Tony Hsieh, Quotidien Ventures and ff Ventures Capital and the VegasTechFund.
Target has invested $100 million to secure its credit and debit card payment facility and changing the magnetic stripes feature to chip-and-PIN terminals after 40 million cards were hacked.
Cambridge, Massachusetts-based clean tech firm Ambri Inc raised $15 million in a new funding round from KLP Enterprise, Building Insurance Bern, and other investors to find a way to store renewable energy for grid operators.
FIH, a handset manufacturing service provider of Foxconn, poured $2.2 million into Singaporean social media site mig33 to help the latter preload its apps into tens of millions of mobile phones every month.
Los Altos Hills, California-based software as a service (SaaS) security startup Vorstack bagged $5.2 million in a new funding round led by Glenn McGonnigle and Tom Noonan to ramp up its real time data protection services.
Palo Alto, US-based cloud data service and enterprise software provider Apigee raised $60 million in new funding to expand its existing services beyond the basic application programming interface (API) technology.
Sprinklr has reaped $40 million Series D investment from financiers including Iconiq Capital, Battery Ventures and Intel Capital which brings the total funding for the startup to $77 million.
Tealium, a San Diego based firm, has received $20 million funding led by Silver Lake Waterman to be used for company expansion which has totaled the investments in $47.5 million.
Doximity has received $54 million Series C funding from DFJ and T. Rowe Price which could be the last investment round for the startup before it launches its initial public offering.
