Investors
Petnet closes seed round with $1.12M for intelligent connected pet feeder
With the goal of building a pet dish that is linked to the internet, Los Angeles-based startup Petnet was able to get seed round funding of $1.12 million, Gigaom reported.
California-based Nexmo nabs $18M in Series C funding round led by Sorenson Capital
Nexmo, the company that provides messaging and voice capabilities to app developers and enterprises globally, was able to secure $18 million for its Series C funding round.
San Francisco's HiddenRadio takes crowdfunding path for second model of Bluetooth speaker
San Francisco, California-based firm HiddenRadio launched another crowdfunding campaign on Kickstarter to add new features to HiddenRadio 2, its second model of impressively-designed $119 Bluetooth speaker.
Indian firm LIC cuts stake in Bharat Forge
Indian state-run insurance firm Life Insurance Corp (LIC) sold a 2.001% stake in Pune-based metal forger Bharat forge in a deal valued at INR150.53 crore, reducing its total stake in the company to 5.0205%.