Hollywood, US-based digital media firm SpinMedia Group acquired SpinMedia LLC for an undisclosed amount, and poured in $10 million in funding to deal with the company's debts.
Investors
Tech company giants start unveiling details on secret government requests for data
In a bid to show that their participation in the surveillance efforts of the government was limited, Facebook, Microsoft, Yahoo and Google started to publish details on the number of government requests for data, Reuters reported.
40 Israeli firms to be put on auction block for foreign investors
According to a government official, foreign funds are circling the Israeli companies that are going to be put up for sale by the state in a bid to increase competition, Bloomberg reported.
New York social intelligence startup 4C snags $5M in venture capital
New York, US-based social intelligence startup 4C snagged $4 million in funding from venture capital firm Jump Capital for its expansion, and sales and product development.
JDS Uniphase buys Colorado-based software firm Trendium
California, US-based optical communications network product designer and manufacturer JDS Uniphase Corp (JDSU) bought Boulder, Colorado-based real-time intelligence software solutions provider Trendium for an undisclosed amount.
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Atomic Reach, a platform that enables its clients to reach their target audience by measuring the quality and readability of content, has raised $4 million in funding so far, TechVibes reported.
Samsung Electronics will be rolling out the newest version of its Galaxy S smartphone on February 24 at Mobile World Congress in Barcelona, Reuters reported.
Barter platform TradeYa Inc was able to raise $1.1 million for its seed round. The company's mobile app allows users to trade goods and services online.
Austin, Texas-based incubator Capital Factory struck a partnership with venture firms Silverton Partners and Floodgate to support tech startups in Austin and trigger and investing "snowball effect."
DataRank was able to secure $1.4 million in seed funds in a round led by New Road Ventures and joined in by FundersClub and other angels. Data Rank enables companies to track conversations about their brands online.
San Francisco, US-based sports-centered social networking platform Sqor raised over $4.4 million out of the targeted $13 million funding round ahead of a major platform update set to take place in February.
Palo Alto, US-based legal search and analytics startup Ravel Law raised $8.1 million in funding to build a tool that will help lawyers cut research time and cut costs, according to an exclusive report by VentureBeat.
nCrypted Cloud, a service that encrypts shared data on Dropbox, Google Drive and others, raised $3 million from angel investors for its seed funding round, TechCrunch reported.
Private equity investment firm Stockton Road Capital has made a minority investment together with affiliates of CCMP Capital Advisors in their purchase of nutrition firm Jamieson Laboratories.
