Russian search company Yandex has bought KitLocate, an Israeli startup that provides iOS and Android developers with an SDK to make their apps be location aware, for "several million euros," TechCrunch reported.
Investors
Dropbox acquires Massachusetts-based stealthy workplace chat solution Zulip
San Francisco, US-based cloud storage giant Dropbox acquired Cambridge, Massachusetts-based stealthy workplace chat solution Zulip for an undisclosed amount to integrate its services into its product offering.
Indian jewelry e-tailer BlueStone bags $10M in Series B round
Bangalore, India-based online jewelry retailer BlueStone bagged $10 million in its Series B funding round led by venture capital firm Kalaari Capital to beef up its marketing and branding campaigns.
Singapore-based Joyful Frog Digital Incubator secures $2.1M
Seed accelerator Joyful Frog Digital Incubator or JFDI.Asia was able to secure$2.1 in new funding led by Infocomm Investments and participated in by SpinUp Partners and Fenox, TechCrunch reported.
Troubled American dietary supplements maker Star Scientific secures $9.3M from investors
Star Scientific Inc, a dietary supplements maker based in Henrico County, US, secured $9.3 million through equity and funding deals from its investors as it struggles to achieve profitability and conquer liquidity problems.
Latest News
3D printing firm Zortrax is seeking to raise $3.5 million by issuing 10,000 unsecured bonds worth $329 each, carrying a 9% interest and to mature in three years, TechCrunch reported.
Palo Alto, US-based video discovery startup Boxfish bagged $7 million in a Series B funding round led by Atlantic Bridge to beef up its workforce and expand into new markets.
Minneapolis, US-based health insurance marketplace Gravie scored $10,5 million in its first funding round which was led by Aberdare Ventures to help its clients understand their best option for coverage.
Perth, Australia-based coal miner The Waterberg Coal Company Ltd raised A$2.4 million from an equity issue to London, UK-based investment firm Investec Asset Management to gain additional working capital for its current project.
Berkeley, US-based machine learning startup Wise.io pocketed $2.5 million in its first round of funding which was led by Voyager Capital to let its clients build machine learning models for customer behavior analytics.
Santa Monica, US-based media entertainment firm Content Media Corp acquired Beijing, China-based producer Alive Group for an undisclosed amount to gain access to the booming Chinese market.
OKCoin raised $10 million in a Series A funding round led by Chinese venture capital firm Ceyuan to become the biggest Bitcoin exchange in China according to trading volume.
Non-profit health agency Muscular Dystrophy Association (MDA) sold its former headquarters along Sunrise Drive in Tucson to Larsen Baker LLC in a deal valued at $9.1 million.
Leonardo DiCaprio has bought a Palm Springs estate once owned by singer Dinah Shore and designed by architect Donald Wexler for $5,23 million, the Los Angeles Times reported.
