San Francisco, US-based digital music service Rdio picked up troubled Chennai, India-based music streaming startup Dhingana for an undisclosed sum as part of its strategy for international expansion.
Investors
Xapo secures $20M to keep Bitcoins safe
Xapo has obtained a $20 million funding from Benchmark Capital, Fortress Investment Group Llc and other investors to keep Bitcoins safe and secure, TechCrunch reported.
San Francisco's Premise nabs $11M in Series B round to track prices of food staples
San Francisco, US-based real-time economic data tracking platform Premise nabbed $11 million in a Series B funding round led by Social+Capital Partnership to continue tracking prices of food staples in Asia, Latin America, US, and Europe.
Security firm Shadow Networks bags $10M in new funding round
Shadow Networks, the company that focuses on "Advanced Threat Deception," has raised $10 million from Paladin Capital Group, Yaletown Venture Partners and tow other investors, TechCrunch reported.
Massachusetts-based firm Layer3 TV raises $21M in Series A funding
Boston, Massachusetts-based cable television firm Layer3 TV raised $21 million in a Series A funding round led by North Bridge Venture Partners and Evolution Media Growth Partner.
Latest News
San Francisco, US-based educational analytics startup BrightBytes pocketed $15 million in a Series B funding round led by Bessemer Venture Partners to help schools identify learning gaps in their systems.
Beijing, China-based outbound visa service ByeCity received $20 million in its Series B funding from Alibaba Group Holding Ltd and Chinese private equity firm CBC Capital.
Dundee, UK-based software startup Allthings landed £400,000 in funding from the Scottish Investment Bank and other local investors to support its growth strategy and the improvement of its task-listing and collaboration tool.
Milford, US-based analytical lab instrument manufacturer Waters Corp invested €400,000 in Cork, Ireland-based INFANT centre in the University College Cork (UCC) where a test for premature birth is being developed.
Private equity firm Carlyle Group and other investors will be purchasing a majority stake in Traxys Group, a physical metals and minerals commodity, logistics and trading company, Reuters reported.
Kuala Lumpur, Malaysia-based conglomerate Sime Darby Bhd, through its subsidiary Haynes Mechanical, picked up a 70% stake in Singleton, Australia-based mining machinery provider TFP Engineering for A$3.2 million (MYR9.5 million).
Financial information services provider Fitch Group has acquired risk and analysis provider Business Monitor International or BMI for an undisclosed amount, a statement about the deal said.
Illinois, US-based specialist packaging supplier Arpac added New York-based conventional palletiser manufacturer Lambert Material Handling for an undisclosed amount to increase its portfolio of packaging solutions.
Car dealer Manheim bought Lanarkshire, Scotland-based vehicle reseller Shotts Motor Auctions for an undisclosed sum in a bid to expand and beef up its product offering.
