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.
Investors
Russia-based Yandex purchases Israeli firm KitLocate
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.
Polish 3D-printer firm Zortrax to raise $3.5M by issuing public bonds
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.
US-based video discovery startup Boxfish bags $7M in Series B funding
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.
US health insurance marketplace Gravie scores $10.5M in first funding round
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.
Latest News
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.
Mumbai, India-based financial services firm Financial Technologies (FTIL) will sell its commodity handling unit National Bulk Handling Corp (NBHC) for INR242 crore as the company goes through an investigation related to fraud allegations.
Five India-based companies have shown their interest in investing in the Zamboanga City Special Economic Zone Authority and Freeport (ZamboEcozone) during a recent business forum in Makati, Philippines.
American e-commerce giant Amazon is planning to hire hundreds of workers for its fourth fulfillment center in Kent, Washington, where customer orders will be packed and shipped.
Sina Weibo, the China-based microblogging and social media site, has filed its IPO prospectus with the US Securities and Exchange Commission to raise as much as $500 million in its planned US debut, TechCrunch reported.
Palo Alto, US-based beauty box retailer Memebox, which was imported from South Korea, bagged $1.5 million in venture funding to establish its presence in the US.
Nigeria-based mobile security startup i.Sec nabbed $10 million in a funding round from private equity group Synergy Capital to prepare for its public launch this May and for other undisclosed purposes.
