Kansas City, Missouri-based troubled data storage firm IceWEB Inc plans to sell equity securities to raise capital increase sales of its products and services in order to continue its operations.
North America
Facebook backer's venture firm seeks to raise $750M for fifth fund
Peter Thiel, the early investor of Facebook, aims to raise $750 million for its fifth fund, according to a presentation from his venture firm Founders Fund obtained by Bloomberg News.
VC Funding in Smart Grid Reaches $405 Million in 2013, Reports Mercom Capital Group
Mercom Capital Group, llc released its report on funding and mergers and acquisitions (M&A) activity for the smart grid sector for 2013.
Cooley Achieves Record Year in Capital Markets
Cooley LLP announced today that 2013 was a record year for capital markets work. Cooley advised on a total of 60 public offerings in 2013, including 23 initial public offerings, raising more than $8.4 billion.
San Francisco Municipal Transportation Agency agrees to charge Silicon Valley tech firms for using public bus stop
Google, Apple and other tech firms in Silicon Valley will be charged $1 each time their commuter shuttles will utilize the city's bus stops, Reuters reported.
Latest News
New York, US-based technology media firm TechMedia Networks (TMN) is acquiring Waltham, Massachusetts-based lead-generation business BuyerZone for an undisclosed amount to gain access to an e-commerce market.
CrowdStrike, a cybersecurity company backed by private equity, said it had evidence that linked the Russian government to cyber espionage campaigns on numerous Asian, European and American companies, Reuters reported.
The D and the Golden Gate casinos in Las Vegas, Nevada will be accepting Bitcoins to pay for goods and services beginning on Wednesday, January 22, RT reported.
Smartphone pioneer BlackBerry Ltd announced its intention to divest most of its real estate holdings in Canada through sale-leaseback and vacant asset sales in an effort to turnaround its fortunes.
Former ACT chief executive officer (CEO) Richard Ferguson and Cramer Development CEO and founder Josh Cramer separately invested undisclosed sums in Coraville, Iowa-based education startup Higher Learning Technologies (HLT).
Investors see in Bitcoin the potential to provide a payment technology that could undermine the dominance of Visa Inc, Western Union or Citigroup Inc in the industry, Bloomberg reported.
Tokyo, Japan-based multinational imaging and electronics company Ricoh has entered an agreement to acquire Massachusetts, US-based IT services provider mindSHIFT Technologies Inc from Best Buy Co Inc for an undisclosed amount.
New research from Capital Crowdfund Advisors showed that entrepreneurs who crowdfunded did very well, getting an increase in sales, among others, Forbes Contributor Cheryl Conner reported.
Canada's Waterloo region posted a substantial rise in venture capital funds, with the creation of Open Text Applications Venture Fund and the Northleaf Venture Catalyst Fund, TheRecord.com reported.
