Waterloo, Canada-based software giant OpenText invested $1 million to open a data center in Sydney, Australia, to help companies deal with problems centered on enterprise data.
Investors
TVC offloads €22.1M stake in Irish broadcaster UTV
Dublin, Ireland-based public investment holding company TVC Holdings offloaded 7.6 million shares in Northern Ireland-based media broadcaster UTV in a deal valued at €22.1 million, reducing its stake from 18% to 10.05%.
Red Arrow picks up majority stake in US entertainment firm Half Yard for over $40M
Unterfoehring, Germany-based production and distribution firm Red Arrow Entertainment Group picked up a majority stake in Bethesda, US-based entertainment firm Half Yard Productions in a deal estimated to be valued at more than $40 million.
Permira to buy Tilney's regional businesses from Deutsche Bank
Permira will be buying the regional businesses of private client investment manager Tilney in Birmingham, Edinburgh, Glasgow and Liverpool from Deutsche Bank, a statement about the funding said.
Lightspeed Venture backs professional Frisbee league in San Jose
Menlo Park, US-based venture capital firm Lightspeed Venture Partners invested an undisclosed amount in San Jose Spiders, a professional Frisbee league owned by Cisco Systems Inc president Rob Lloyd.
Latest News
Waterloo, Australia-based mobile payment startup Beat the Q bagged $1 million in funding from high-net worth individuals to partially fund its planned acquisition of Sydney-based loyalty app eCoffeeCard.
Burbank, US-based movie company Warner Bros is mulling over a $10 million to $15 million investment in YouTube game-focused web video site Machinima, according to a report by the Wall Street Journal (WSJ).
Smarterer, a startup based in Boston that provides jobseekers with a way to measure their skills in different subjects through online tests, has landed an additional capital of $1.6 million in a round led by Rethink Education, TechCrunch reported.
Nok Nok Labs secured $16.5 million in its latest funding round from Lenovo, DCM and Onset Ventures as it seeks to move online authentication beyond usernames and passwords, VentureBeat reported.
California, US-based human management and financial management software vendor Workday acquired San Francisco-based predictive analytics human resources software firm Identified for an undisclosed amount to enhance its product portfolio.
US-based payments startup Knox Payments raised $900,000 in funding from Virginia-based angel investors to launch a limited beta version of its service that allows merchants to accept direct payments from their clients' bank accounts.
Entrepreneurs’ most frequent complaint is how challenging it is to raise money, especially risk capital; founders in developing countries have even more difficulty since the amounts of venture money for investment in most emerging markets is less vs. the USA.
Venice, US-based brand and content management software maker ZEFR pocketed $30 million in a Series D financing round led by Institutional Venture Partners (IVP) for its international expansion and product development.
For-profit social enterprise d.light obtained $11 million for its Series C funding round participated in by DFJ, Omidyar Network, Nexus India Capital, Gray Ghost Ventures, Acumen Fund and Garage Technology Ventures.
