New York, US-based luxury jewelry seller Xcel Brands Inc added jewelry retailer Judith Ripka in a deal valued at $22.5 million in combined cash, interest-free promissory notes and common stock.
Investors
UK idea management startup Wazoku lands £750K for product development
London, UK-based idea management startup Wazoku landed £750,000 in a venture funding led by Campbridge Angels and New Model Venture Capital to fund its product development and growth efforts.
US e-learning platform Lynda.com adds Canadian startup Compilr for $20M
California, US-based e-learning platform Lynda.com added Halifax, Canada-based coding platform Compilr in a deal valued at $20 million to expand its video-based courses and services.
American media asset manager Dalet inks deal to acquire British video firm AmberFin
New York, US-based media asset management firm Dalet Digital Media Systems inked a deal to acquire Basingstoke, UK-based video transcoding firm AmberFin for an undisclosed amount.
US-based Internet TV firm YuppTV pockets $2.5M from Sashi Reddi
Atlanta, US-based Internet-based TV service provider YuppTV Inc pocketed $2.5 million in its first funding round from Indian early stage investor Sashi Reddi to scale up and expand its client base.
Latest News
Oklahoma, US-based anti-abortion craft store chain Hobby Lobby stirred controversy by investing $73 million in Pfizer, Bayer, and other companies that make abortive drugs and contraception.
Singaporean President Tony Tan Keng Yam said his country is conducting trade missions to its neighboring country, the Philippines, where seven companies are interested in investing in the infrastructure, transport, consumer services, and logistics sectors.
Illinois, US-based testing and consulting firm Professional Service Industries Inc added Midwest Engineering Services Inc for an undisclosed amount to become the biggest testing firm in Wisconsin.
Atlanta, US-based telephone and data networking firm Digitel Corp bought Cumming, Georgia-based managed IT services provider JTECH Networks for an undisclosed sum to expand its portfolio of services.
According to sources who asked not to be named, J-Lo’s NuvoTV has inked a deal with Fuse TV, allowing the channel to reach more viewers, reported Bloomberg.
AdsNative has raised USD2 million in seed funding to be used for its technology expansion, reported TechCrunch.
The shares of GrubHub Inc. has started trading on the New York Stock Exchange on Friday with investors scrambling to partake on the online food order site, reported Reuters.
Columbus, US-based software firm Bjond raised $3.25 million in its Series A funding round led by Draper Triangle Ventures to accelerate its workflow automation software BjondHealth.
San Francisco, US-based photo sharing service Imgur closed $40 million in its Series A funding round led by Andreessen Horowitz and Reddit to facilitate its workforce and marketing expansion.
