The Number 1 travel search engine in Russia, Aviasales, has obtained a $10 million investment from iTech Capital who will take a minority stake in the company which operates under the JetRadar brand internationally, TechCrunch reported.
Investors
US age verification startup AgeCheq picks up $1M in Series A round
Pennsylvania, US-based age verification startup AgeCheq picked up $1 million in a Series A funding round to ramp up its effort in helping app and game developers comply with federal requirements and standards.
Magic Johnson purchases WNBA team LA Sparks
NBA legend Earvin “Magic” Johnson, together with Los Angeles Dodgers controlling owner Mark Walter, have become the new owners of women’s basketball team LA Sparks.
South Africa's IDS Fund Services chooses eFront to improve private equity operations
To streamline its private equity and real estate fund operations, South Africa-based IDS Fund Services has selected the technology solutions offered by eFront, a statement said.
Iowa-based education startup Higher Learning Technologies bags $1M in funding
Coralville, US-based education startup Higher Learning Technologies bagged $1 million from investors in its first funding round to dozens more to its existing mobile education apps this year.
Latest News
Skopos Financial, LLC, an indirect, national subprime auto finance company, today announced it has grown its base of franchise dealer partners by more than 120 percent. The company has also increased its presence across the United States with the addition of seven new states where the lender is doing business. These states include Indiana, Tennessee, Ohio, Colorado, South Carolina, Alabama and Illinois.
Ascent Solar Technologies Inc has obtained the second $5 million investment from Ironridge Technology Co to complete the second closing of the Series B preferred stock purchase agreement with the division of Ironridge Global IV Ltd.
Media and digital marketing firm Dentsu Aegis Network added China-based social creative firm Verawom for an undisclosed sum, in a deal that will integrate the latter into the Isobar China group.
New York, US-based investment management firm Blackrock raised its stake in UK-based Internet media firm Blinkx to 13% amid allegations that the latter was using adware to boost its revenues.
Private equity giant KKR will be withdrawing two funds targeted for individual investors, a move that is seen as a blow to its efforts to grow its product offerings beyond institutional investors, Reuters reported.
Kantox, a peer-to-peer currency exchange platform, has obtained €6.5 million from Partech Ventures and Idinvest Partners to help improve its presence in Europe and develop its technology, the website growthbusiness.co.uk reported.
Planetary Ventures, the shell firm that Google infrequently uses for its real estate deals, has won the right to lease Moffett Field and Hangar One.
Teen apparel retailer Aeropostale, which had posted losses for four straight quarters, is reportedly mulling over a capital increase from private equity investors. Should the teen apparel retailer decide to raise capital, Aeropostale may do it via a private investment in public equity (PIPE) deal.
San Francisco, US-based big data startup Splice Machine raised $15 million in a Series B funding round led by Interwest Partners for the marketing and development of its database that can make Hadoop run in real time.
