Barcelona-based Omnidrone secures $2M from institutional investors

Mobile gaming startup Omnidrone has bagged $2 million in its first institutional funding round. Investors included Nokia Growth Partners, London Venture Partners and Kibo Ventures, a funding statement said.


Kitwave acquires UK frozen food firm Eden Farm

North Shields Tyne and Wear, UK-based independent wholesale firm Kitwave Wholesale Group acquired Durham-based frozen food and ice cream seller Eden Farm for an undisclosed amount.

UAE's Ducab purchases UK cable firm AEI

Dubai, United Arab Emirates (UAE)-based cables manufacturer Ducab purchased Durham, UK-based cable maker AEI Cables for an undisclosed amount to expand its product offering and international market reach.

Albion Ventures invests £2.2M in Egress Software Technologies

Egress Software Technologies, a provider of cloud-based email and file encryption services, has received a £2.2 million investment from venture capital firm Albion Ventures, a statement about the funding said.


Latest News

New York City, US-based HTML5 game developer and distributor TreSensa bagged $2 million in a Series A funding round led by Caribou Asset Management to continue distributing games for mobile browsers.
Cloud-based customer relationship management platform ServiceMax secured $71 million in its latest financing round led by Meritech Capital. ServiceMax is a platform specifically focused for field technicians, VentureBeat reported.
Clinicient, a cloud-based solutions provider based in Portland, Oregon, raised $15 million for its Series C funding round led by Catalyst Investors of New York, VentureBeat reported.
Auburn, US-based disaster-proof hardware maker ioSafe Inc landed $2.5 million in funding to expand its indestructible external hard drives into network attached storage market for safer data storage.
New York, US-based YouTube monetization platform Audiam pocketed $2 million in a Series A funding round led by music industry big names Jason Mraz, Jimmy Buffet, Bill Silva, Brett Gurewitz, and Bad Religion.
Massachusetts, US-based Java PaaS (Platform as a Service) firm CloudBees snagged $11.2 million in its third funding round which was led by Verizon Ventures to fuel its revenue growth and global expansion.
A group of Ohio angel investors led the Series A funding round for Cleveland-based StreamLink Software which raised $3.5 million, a statement about the funding said.
Irvine, California-based real estate marketplace Auction.com nabbed $50 million in investment from the newly launched growth equity fund Google Capital for its expansion and marketing campaigns.
Wetzikon, Switzerland-based cable solutions provider Reichle & De-Massari (R&M) acquired Bangalore, India-based fiber optic products manufacturer Advanced Fiber Systems (AFS) for an undisclosed sum as part of its efforts to expand in India.
TrackDuck, a visual feedback provider for web design and development, has obtained €200,000 from Kima Ventures and Practica Capital for its seed funding round, TechCrunch reported.
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