The initial public offering of microblogging platform Weibo has only sold 16.8 million shares instead of its expected 20 million share sale, reported TechCrunch.
Investors
Indian travel portal Yatra.com takes home INR140 crore in fifth financing
Gurgaon, India-based online travel agency Yatra.com took home INR140 crore in its fifth funding round led by IDG Ventures India and Vertex Venture Holding to fund future acquisitions.
California healthcare informatics firm AdverseEvents secures $2M in Series A round
Santa Rosa, US-based healthcare informatics firm AdverseEvents secured $2 million in its Series A funding round led by London, UK-based life science research firm Evaluate Ltd to accelerate its growth.
Texas startup M87 closes $3M in Series A funding for 4G-bandwidth sharing project
Austin, US-based startup M87 closed $3 million in its Series A funding round led by Qualcomm Ventures, 21Vianet, and other angel investors to fund its 4G-bandwidth sharing project for mobile networks.
Dallas secure cloud hosting firm FireHost fires up growth with $25M in new funding
Richardson, US-based secure cloud hosting firm FireHost received $25 million in its latest funding round led by Little Rock, Arkansas-based investment firm Stephens Group to fuel its growth and marketing campaigns.
Latest News
Yahoo Inc. would still get a hold of Chinese e-commerce giant Alibaba Group Holding Ltd even after the Chinese e-commerce firm launches its public debut this year.
OwnZones Media Network has raised USD5.9 million new funding without disclosing names of its investors, to generate income instead of packing up the entire content of a site with advertisements
British billionaire Richard Branson has signed a deal to acquire Rochelle Hotel and Mountain Vineyard, which would add to his luxury hotel collections.
Mountain View, US-based Internet of Things (IoT) cloud Jasper landed a $50-million investment in a funding round led by Temasek to bring its IoT technology to Coca-Cola's new initiatives.
Milan, Italy-based mobile app development platform AppsBuilder bagged $1.5 million in a funding round from United Ventures to consolidate its businesses in the UK and the US.
Hapag-Lloyd AG has agreed to buy Cia. Sud Americana de Vapores SA in a deal that would create the fourth biggest shipping firm in the world.
San Francisco, US-based social media conversation startup Talkwheel raised $1.2 million in funding from several angel investors to aggregate the conversations on the web in a visual map so businesses can monitor trending topics.
Russian investment firm Inventure Partners picked up a minority stake in Moscow-based educational and interactive online course provider Netology for an undisclosed amount to allow the latter to accelerate its product development.
The International Finance Corp (IFC) is shelling out $25.8 million for the construction of a new wind farm in Sindh province of Pakistan to fill in the increasing energy deficit in the region.
