ClearDATA Networks, Inc, a cloud computing platform and service provider focused on the healthcare industry, received USD14 million in new funding from Merck Global Health Innovation Fund, Excel Venture Management, Norwest Venture Partners and other institutional investors.
Investors
Carlyle Group's Brazilian travel agency prices shares below range in IPO
Private equity-backed CVC Brasil Operadora e Agencia de Viagens priced its shares at BRL 16 apiece for its IPO today, below its indicated price range of BRL 18 to BRL 22.
EUROPEAN COMMISSION CLEARS PATH FOR CRANE CO. ACQUISITION OF MEI
Crane Co. announced today that the European Commission has approved the definitive agreements to implement the licensing and divestiture Commitments by Crane Co. related to its pending acquisition of MEI Conlux Holdings.
Bitcoin extends reach to average consumers with mobile apps
The market in mobile payment or transaction apps using Bitcoin as a payment option is being fueled by a growing interest in average consumers who view payments via their smartphones as an easy way to settle their dues.
South Africa pension fund thinks Bidvest's bid for Adcock Ingram is too low - source
An unnamed source told Reuters that drugmaker Adcock Ingram's largest shareholder Public Investment Corporation will not be putting up its 19% ownership stake for sale as the offer extended by potential buyer Bidvest undervalued its holding.
Latest News
To jumpstart the use of its payment processing system, Dwolla has partnered with online service marketplace Fiverr and also offers special promotions to US-based customers.
Six year-old startup Glassdoor raised USD50 million in a recent funding round, which saw the participation of Tiger Global Management, Battery Ventures, Benchmark Capital, DAG Ventures and Sutter Hill Ventures.
Trifacta, a San Francisco-based startup focused on making platforms for data analysis, raised USD12 million in new funding in an investment round led by Greylock Partners and Accel Partners.
Venture capital firm Northzone had set up its biggest fund yet at EUR200 million or USD272 million. The fund will be geared towards making investments in startups within the Nordic region and businesses who had partnered with a Nordic-influenced startup.
Deutsche Telekom's statement revealed that it has a strategic partnership with Twitter Inc to boost the former's opportunities in innovative marketing, advertising and customer service.
Months after receiving a USD1 million in seed investment, Israeli startup Carambola Media raised USD4 million in a Pitango Venture Capital-led Series A funding round.
According to third quarter results released by Russian bank VTB Group, the bank already sold a 50% stake in Tele2 that it acquired earlier in April this year for RUB40.4 billion or USD1.2 billion.
The JPY18.6 trillion or USD182 billion economic plan for Japan was approved by the state's cabinet under Prime Minister Shinzo Abe. The core of the package is the JPY5.5 trillion in spending measures Abe ordered back in October this year.
Carlsberg Group reportedly purchased a 30.3% stake in joint venture partner Chongqing Brewery. The Danish brewer hopes to expand its presence in China's USD76 billion liquor market.
