US blogging system Medium mulls raising $20M in venture capital -rumor

US-based online writing and reading system Medium by Evan Williams is considering raising $20 million from venture capitalists after basically thriving on angel investments, according to circulating rumors.


Activist hedge fund Elliott bids to buy Riverbed Technology for $3.08B

Elliott Management Corp., a hedge fund run by activist investor Paul Singer, has made an offer to acquire network equipment maker Riverbed Technology Inc. for $3.08 billion. Riverbed was reportedly working with Goldman Sachs Group Inc. in November on a potential sale.

US-based API tech provider Apigee discloses $20.5M stock deal for InsightsOne acquisition

California, US-based API management platform Apigee raised $20.5 million in a stock transaction as part of the acquisition of predictive analytics firm InsightsOne, according to a SEC disclosure.

Symphony Technology Group, Evidera purchase Kaiser Permanente subsidiary Archimedes

Private equity firm Symphony Technology Group or STG and its portfolio firm Evidera said they had purchased healthcare modeling company Archimedes for an undisclosed amount.


Latest News

California, US-based home buying to-do service Closing Time raised $2.7 million in a funding round led by Accel Partners and former Yahoo executives, for the expansion of its service and workforce.
Citing sources, a PEHUB report said private equity firm Z Capital Partners is eyeing a hard cap of $750 million for Fund II after exceeding its target.
Tel Aviv, Israel-based social review engine Yotpo raised $10.7 million in a Series A funding round led by US-based venture capital firm Blumberg Capital to expand its office in San Francisco.
Bain Capital Ventures and Spectrum Equity have obtained minority stakes in healthcare software provider MedHOK or Medical House of Knowledge in a $77.5 million deal, Reuters reported.
Bangalore, India-based healthcare marketplace Medypal bagged $400,000 in a seed funding round from Unitus Seed Fund to help patients in the country find good and affordable service providers.
The former head of ORIX USA, Jim Thompson, has launched Preston Hollow Capital, an investment company that will target fixed income, venture capital and hedge funds.
AstraZeneca's MedImmune unit has partnered with Immunocore, a private British biotechnology company, to develop a cancer drug that would tap on the body's immune system, Reuters reported.
Geneva-based Vitol Group is thinking of making a bid for some of Royal Dutch Shell's downstream operations in Australia, according to sources interviewed by Bloomberg.
Oil and gas firms ONGC Videsh Ltd and Oil India Ltd have completed the joint purchase of Videocon Group's 10% holding in a gas field in Mozambique in a deal valued at $2.475 billion.
Norway-based newsprint and magazine paper manufacturer Norske Skog inked an agreement to exit its remaining stake in its Brazilian operations to Papeles Bio Bio SA for $37 million.
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