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.
Investors
US video editing startup Magisto raises $2M in funding, partners with Russia's Mail.ru
New York, US-based automatic video editing startup Magistro raised $2 million in a recent funding round and has struck a deal that will integrate its technology into the Russian social network Odnoklassniki, which is owned by Mail.ru.
California big data startup BlueTalon bags $1.5M in seed funding for single-click data collaboration
California-based big data startup BlueTalon bagged $1.5 million in a seed funding round from Data Collective for its single-click data collaboration offering for enterprises.
San Francisco's IDG Ventures raises $100M for third funding round
San Francisco, US-based venture capital fund network IDG Ventures is currently raising $100 million for its third fund, the IDG Ventures III, to invest in early-stage startups in the US.
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.
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Philippines-based Aboitiz Equity Ventures property unit Aboitiz Land Inc had purchased the remaining 40% of common shares from Maurbeni, Japanese trading firm, worth 360 million from LiMA Land Inc (LLI). LiMA Land is the company that owns and runs the LiMA Technology Center, the filing detailed from Philippine Stock Exchange. .
Korea-based Kakao Corp, the company behind the highly-popular messaging and social app Kakao Talk, is readying for its initial public offering in May, BeSuccess reported.
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.
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.
