Arthur Ventures gave a $1 million investment for the seed funding round of Drifty, a startup that provides tools that allows mobile developers to develop apps and websites, TechCrunch reported.
Investors
UK-based Flypay secures £1 million in new financing round
Flypay, a startup based in the UK that develops an app that makes settling restaurant bills faster, has raised £1 million from Entreé Capital, TechCrunch reported.
Global Founders Capital provides seed funding round for travel app developer Ulmon
Ulmon, the travel app developer based in Vienna, has secured its first round of funding said to be less than $5 million from Global Founders Capital, TechCrunch reported.
Boston-based speed-reading technology developer Spritz readying to close $3.54M seed round
Spritz Technology Inc, a startup based in Boston, is readying to complete a seed funding round which raised $3.54 million from investors which included Denis O'Brien, TechCrunch reported.
Priceline Group said to acquire Israeli firm Qlika in $3M cash deal
Priceline Group has purchased Israel-based Qlika in a cash deal worth around $3M, according to a Priceline source interviewed by VentureBeat who confirmed the deal.
Latest News
Arsenal Capital Partners, a private equity firm based in New York, has acquired Midland, Texas-based oilfield chemicals provider Kel-Tech Inc for an undisclosed amount, a statement about the funding said.
Bacterin International Holdings Inc has secured $4 million more in funding from OrbiMed and will be issuing 1.5 million shares of common stock to the investment firm as part of the deal, a statement about the funding said.
CloudBilt, Resident Research and SalesReach Software obtained a combined $1 million growth financing from Lighter Capital, a provider of revenue-based financing, a statement about the funding said.
Pineridge Bakery is being sold by its private equity owner Swander Pace Capital to Swiss food firm ARYZTA AG for $340 million, a statement about the deal said.
Svelte Medical Sytems, a maker of balloon expandable stents based in New Providence, New Jersey, has obtained a $5 million equity investment from the Gary and Mary West Health Investment Fund.
An unnamed Washington, DC-based angel investment group supported Ohio-based mobile health application service provider iRxReminder with a $250,000 investment for its seed round, a statement about the financing said.
It could take the French competition authority nine months to evaluate the possible takeover of Vivendi's SFR by Bouygues or Numericable for antitrust issues, Reuters reported.
LA Fitness Group will be selling 33 of its 80 gyms in the UK and Ireland as part of debt-reduction strategy. It had also signed company voluntary arrangements to help reduce its rent, Bloomberg reported.
Singapore-based online car rental website received $790,000 in its Series A funding round from Insas Berhad, an investment holding firm based in Malaysia, TechCrunch reported.
