K-12 learning analytics company Renaissance Learning secured a $40 million investment from Google Capital, the investment arm of search giant Google that concentrates on late-stage deals, TechCrunch reported.
Investors
Israeli BYOD startup Nativeflow raises $7.5M for secure data browsing
Tel Aviv, Israel-based bring-your-own-device (BYOD) startup Nativeflow raised $7.5M in funding to date to allow workers to securely browse and share both personal and corporate data, according to an exclusive report by VentureBeat.
Fosun International likely to acquire Forbes Media for less than $250M
China-based Fosun International Ltd is the most likely acquirer of Forbes Media Llc but will be paying less than $250 million for the money management magazine, according to sources interviewed by The Deal Pipeline.
Will Bitcoin Bury the Banks?
The emergence of cryptocurrencies, especially Bitcoin, has raised many to speculate whether the concept of a global digital currency is inevitable in today's society. Andrew Filipowski, founder and former CEO of PLATINUM technology, inc and current Chairman & CEO of SilkRoad Equity, believes that the value and promise of Bitcoin can completely revolutionize the global economy and has the inevitable potential to bypass banks altogether.
MyFitnessPal purchases Sessions for undisclosed amount
Weight loss app MyFitnessPal has acquired Sessions, a Rock Health-backed startup that has developed an app that connects individuals with fitness experts who encourage accountability in their workouts, VentureBeat reported.
Latest News
Brand Embassy, the UK startup that provides an SaaS platform that helps firms improve their customer service on social media, has received $1 million from two new investors, TechCrunch reported.
myTomorrows, a startup based in the Netherlands, got $2.2 million in additional funding from friends and family to give patients with critical conditions access to development-stage therapies, TechCrunch reported.
The venture capital arm of Tokyo-based Internet firm Rakuten, Rakuten Ventures, led the Series A round for Singapore-based ViSenze which raised $3.5 million, TechCrunch reported.
Berkeley, US-based startup MobileWorks raised $2.1 million in funding to change the way outsourcing works by generating online jobs for people who cannot enter the traditional career path.
Medical and pharmaceutical firm GE Healthcare Finland is planning to free up several floors in its Helsinki complex to transform the area into a corporate space where startups can collaborate and hold office.
Tencent Holdings Ltd, the biggest Internet company in Asia, purchased a 20% stake in online review platform Dianping.com, as it steps up its location-based services, Bloomberg reported.
Subiaco, Western Australia-based mining firm Balamara Resources Ltd agreed to divest three of its non-core assets located in the Balkans for A$15.2 million to focus on its flagship projects.
Paddington, Australia-based golf club industry software provider MSL Solutions purchased North Sydney, New South Wales-based handicapping system manager Golf Link Partners (GLP) for an undisclosed sum to expand its company portfolio.
Social entertainment website mig33 has purchased AlivenotDead. a community that enables celebrities to reach their target audience, TechCrunch reported. Financial terms of the deal were not provided.
