Arlington, US-based intelligence community investment arm In-Q-Tel (IQT) picked up a stake in Redwood City, California-based analytics data preparation firm Paxata for an undisclosed amount.
Investors
Knowledge Delivery Systems bags $6M in funding to improve US urban school districts
New York, US-based online educational provider Knowledge Delivery Systems bagged $6 million in its fourth funding round from Edison Ventures to implement programs that will help improve urban school districts in the country.
Google Ventures pulls out funding for Bustle
Google Ventures took out the $100,000 backing it gave to Bustle, a woman-focused publication, after the investor found that they did not anymore share the same values with its founder, TechCrunch reported citing sources.
San Francisco startup Spellgun launches to bring Western mobile games to China
San Francisco, US-based startup Spellgun launched today to bring Western mobile games to China's mobile market under a partnership with video game art outsourcing firm Concept Art House and Chinese firm Talkweb.
San Francisco-based mobile app Secret to raise $10M in venture capital
San Francisco, US-based secret-sharing mobile app Secret is set to raise $10 million in venture capital in a funding round led by Google Ventures that will give the startup a $40-million valuation.
Latest News
Activist investor Casablanca Capital has rejected an offer made by Cliffs Natural Resources to end the proxy battle to gain control of the miner's board, Reuters reported.
Ontario, Canada-based smartphone pioneer BlackBerry sold its Riverside Commons office campus in Las Colinas, Texas to Canadian investor Brookfield Property Group for an undisclosed amount.
Tencent Holdings, the biggest Internet company in China, could get a 16% stake in online retailer JD.com, according to a Chinese business newspaper, Reuters reported.
Virginia, US-based furniture rental firm CORT Business Services bought Mountlake Terrace, Washington-based events planning firm AA Party Rentals for an undisclosed amount to expand its product offering.
Englewood, New Jersey-based paint retailer Eagle Paint and Wallpaper Inc bought troubled Paramus-based rival Norton Paint for an undisclosed sum to gain traction over rivals in the paint industry.
Alabama, US-based banking firm Bay Bank has been bought by Hattiesburg-based firm The First Bancshares Inc in a merger deal worth $6.6 million in combined cash and stock.
New York, US-based scrap metal processor and recycler Upstate Shredding snapped up Irving-based rival Brant Auto Parts for an undisclosed amount in an all-cash deal.
London, UK-based music identification app Shazam confirmed the previously rumored $20-million financing from undisclosed investors, which will probably fund the firm's expansion and advertising efforts.
Johannesburg, South Africa-based banking network Nedbank Capital is looking for new mining investment destinations in Africa, aside from gold explorations in Tanzania, Ghana, and Burkina Faso.
