Search giant Yahoo Japan is set to take Japan-based telco eAccess from Internet firm Softbank in a deal valued at $3.2 billion (JPY324 billion) to beef up its e-commerce and advertising businesses.
Investors
London news startup Oximity bags seed money from angel investors
London, UK-based user-generated news startup Oximity bagged an undisclosed amount of seed money from angel investors Ronnie Screwvala and K Ganesh to provide direct sources of global news in 180 languages.
Oculus acquisition fuel interest in virtual reality startups
The $2 billion acquisition of Oculus VR Inc by social media giant Facebook Inc has turned the interest of investors to virtual reality startups, Bloomberg News reported.
Lithium acquires San Francisco social media influence scoring platform for $200M
US social customer solutions provider Lithium Technologies acquired San Francisco-based social media influence scoring platform in a deal valued at $200 million in combined cash and equity.
CPXi bags $30M from Business Development Corporation of America
Business Development Corporation of America invested $30 million in the first external funding round of digital ad company CPXi which provides programmatic ad-buying services,TechCrunch reported.
Latest News
Houston, Texas-based home decor retail chain Garden Ridge bought a former Kmart store located along Reynolds Road in Southern Toledo for $1.6 million to renovate and re-occupy the said property.
San Francisco, US-based incubator launched a new $20-million venture capital fund to back early-stage hardware startups in the robotics, aerospace, agriculture, connected things, and transportation sectors.
Boston, US-based digital currency firm Circle Internet Financial closed a $17-million Series B round from Oak Investment Partners and other investors to help consumers conduct easier and safer Bitcoin transactions.
San Francisco, California-based equity crowdfunding service CircleUp pocketed $14 million in its second funding round from Canaan Partners, Google Ventures, and other investors to bridge investors and companies.
Palo Alto, California-based relationship management software startup RelateIQ bagged $40 million in its Series C funding round led by Redpoint Ventures which values the firm at over $200 million.
Auckland, New Zealand-based point-of-sale software provider Vend pocketed $20 million in a funding round led by Valar Ventures and Square Peg Capital to expand to North America and Europe.
Illinois, US-based cleantech firm LanzaTech landed $60 million in a Series D funding round led by Mitsui & Co LTD to convert toxic factory gases into renewable fuel.
Texas, US-based crowdfunding company Junction Investments will begin operating on Wednesday to allow wealthy individuals to invest online in fully-funded Hollywood movies, starting with Tom Hanks' "A Hologram for the King."
Dublin, Ireland-based global communications services firm WPP Digital picked up a majority stake in London, UK-based digital consultancy firm Cognifide for an undisclosed sum in a deal that will deliver mutual benefits to both companies.
