New York, US-based social media management firm Sprinklr has bought Austin, Texas-based social analytics company Dachis Group for an undisclosed sum to obtain technology that will help their product accelerate in the market.
Investors
New York-based Magisto picks up $2M from Russia's Mail.ru Group
Magisto, the New York-based startup that provides automatic video editing services, has bagged a $2 million investment from Russian Internet firm Mail.ru Group, VentureBeat reported.
ClubLocal closes $10.7M funding round
ClubLocal, a platform which allows customers to instantly book home repairs online now owned by Delaware-based Serviz Inc, completed a $10.7 million funding round from Groupon Inc and others.
Adbrain platform rolls out in private beta months after getting $1.5M seed funding
Adbrain has introduced its programmatic mobile audience buying platform in private beta with partners Annalect, The Exchange Lab, M& C Saatchi Mobile, Fetch and Somo having early access to it, a company statement said.
Chinese social media marketing firm closes second funding round led by Fosun
China-based Social media marketing firm KMSocial has raised tens of millions of dollars in a Series B funding round led by Fosun Venture Capital Investment. Existing investor Fidelity Growth Partners Asia also participated in the said round, according to VentureBeat.
Latest News
Los Angeles, US-based e-commerce firm Shopzilla snapped up Ventura, California-based online ad startup Connexity for an undisclosed amount to to beef up its audience-buying division.
Sydney, Australia-based accounting software maker Practice Ignition pocketed $650,000 in a seed round from investors such as MYOB co-founder Graig Winkler, for the expansion and development of the firm.
Perth, Australia-based mineral sands explorer Iluka Resources Ltd announced that it will pick up an 18.3% stake in Rotherham, UK-based metal powder producer Metalysis for ₤12.2 million ($A22.5 million).
Small business loan online marketplace Funding Circle obtained a £40M investment from the UK government to allow the company to continue providing loans to small and medium-sized businesses (SMBs) in the country.
US-based search giant Google announced that it is developing an experimental smartphone 3D mapping platform called Project Tango which is led by the advanced hardware group of Motorola.
Smarter Remarketer, an Indiana-based startup focused on behavioral marketing and retail intelligence, has picked up $7 million from Battery Ventures in its most recent funding round, VentureBeat reported.
Tokyo,Japan-based Internet services firm Rakuten will launch a beta version of the Singapore-based streaming video platform Viki in Japan tomorrow, just five months after the Japanese bought the platform for $200 million.
Los Angeles, US-based graphics-rendering firm Otoy acquired San Francisco-based app-streaming startup AppSlingr for an undisclosed amount to make large applications run in the cloud using any device.
Venture capital-backed Ezetap, a mobile payment startup in India, raised $8 million for its Series B round from Helion Advisors, Social+Capital and Berggruen Holdings, TechCrunch reported.
