Alibaba is almost certain that it will not be undertaking its initial public offering in Hong Kong but in New York, according to sources interviewed by the Financial Times.
Investors
California social media startup Banjo lands $16M in Series B round
Redwood City, US-based social media startup Banjo landed $16 million in a Series B funding led by Balderton Capital to fund its growth, international expansion, and product development.
San Francisco-based integration platform MuleSoft secures $50M
MuleSoft obtained $50 million for its most recent financing round led by NEA, Lightspeed Venture Partners and Meritech Capital Partners, a statement about the funding said.
Google to venture into set top business with Green Throttle acquisition
Search giant Google is reportedly venturing into the set top business with its recent acquisition of Santa Clara, US-based mobile game and hardware developer Green Throttle Games for an undisclosed amount.
Citizens Inc adds Mississippi insurer Magnolia Guaranty in $5.23M cash deal
Austin, Texas-based legal reserve life insurance firm Citizens Inc, through its subsidiary, added Ridgeland, Mississippi-based firm Magnolia Guaranty Life Insurance Co in a deal valued at $5.23 million.
Latest News
Trulioo has obtained $6 million for its Series A round led by Trulioo has obtained $6 million in its Series A funding round, TechCrunch reported. Tenfore Holdings led the round for the identity verification startup.
Unified digital platform Omniata secured $5.2 million for its Series A round led by Nordic venture capital firm Creandum and participated in by seed investor Sigma West, a statement about the funding said.
Google Capital led the latest funding round for Credit Karma which secured $85 million. The financing was also participated in Tiger Global Management and its existing backers, TechCrunch reported.
UK-based money transfer startup Azimo has obtained $10 million for its Series funding round led by Greycroft Partners and joined in by other investors, TechCrunch reported.
ComputeNext, a cloud brokerage services provider, has secured $4 million of a planned $10 million fundraising round, VentureBeat reported citing a Securities and Exchange Commission filing.
Alibaba Group Holding will be buying a majority stake in ChinaVision Media Group Ltd in an $804 million deal, allowing it to access TV and movie content, Reuters reported.
Online and mobile classifieds platform Quikr has raised another $90 million in its most recent funding round, according to a report on The Economic Times citing a source.
Private equity firm Thoma Bravo Llc has closed its acquisition of Global Healthcare Exchange or GHX, a company that has transformed the healthcare supply chain through its software solutions.
Rover, the pet sitting platform that connects dog owners to verified in-home sitters, secured $12 million for its Series C round led by new investor Menlo Ventures, TechCrunch reported.
