Biogen Idec, a biotech firm based in Cambridge, Massachusetts, has bought the rights of two experimental therapies for Alzheimer's from Tokyo-based Eisai Co, Bloomberg reported.
Investors
US real estate marketplace Auction.com nabs $50M investment from Google Capital
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.
Swiss cable solutions provider R&M acquires Indian firm Advanced Fiber Systems
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.
Kima Ventures and Practica Capital invests €200,000 in Lithuania-based TrackDuck's seed round
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.
HomeAway purchases Florida-based rental management firm Glad to Have You
Austin, Texas-based home rental platform HomeAway purchased Santa Rosa Beach, Florida-based guest management system Glad to Have You for an undisclosed sum to enhance its own rental listing service.
Latest News
San Francisco, US-based home search startup Zumper raised $6.5 million in a Series A funding round led by Kleiner Perkins Caufield & Byers (KPCB) to build its web and mobile platform for apartment rental.
New York, US-based stock photography agency Shutterstock is acquiring San Mateo, California-based digital asset management software maker WebDAM for an undisclosed amount to widen its market reach.
San Francisco, US-based startup ClassDojo bagged $8.5M in its first institutional funding round to develop its mobile platform that provides an easier way of managing and monitoring the behavior of students inside the classroom.
Airpush, a platform that helps monetize mobile applications, is said to be in talks to be acquired by Perion, a Tel Aviv-based firm, TechCrunch reported citing sources.
Social media giant Facebook is reportedly in talks to purchase New Mexico, US-based drone maker Titan Aerospace for $60 million to reach the corners of the world with no Internet access.
Melbourne, Australia-based startup Influx.com pocketed $250,000 in seed funding from Mark Harbottle and Leni Mayo to provide CRM (customer relationship management) solutions for online and tech startups.
Moolaguides has been acquired by Flashnotes for an undisclosed amount. The purchase comes just a month after Boston-based Flashnotes secured $3.6 million for its Series A round, TechCrunch reported.
Powa Technologies Ltd has rolled out PowaTag, its e-commerce application that helps retailers and brands to reach their target customers and encourage them to buy their products, TechCrunch reported.
Sources told tech news website TechCrunch that Basis Health Tracker Watch maker Basis Science has been bought by Intel for anywhere from $100 million to $150 million.
