North America

Mozido Inc gets $30M in financing round led by unnamed investment advisor

An unnamed Boston-based investment advisor led the USD 30 million financing round for Mozido Inc. The Texas-based mobile payment, shopping and marketing solutions provider also named Ric Duques as Chairman of the Board.


SOUTHWEST AIRLINES ACQUIRES SLOTS AT NEW YORK'S LAGUARDIA AIRPORT

SOUTHWEST AIRLINES ACQUIRES SLOTS AT NEW YORK'S LAGUARDIA AIRPORT Southwest Airlines has acquired 12 takeoff and landing slots (for six roundtrip flights) at New York's LaGuardia Airport (LGA) being divested by American Airlines as part of itsmerger with US Airways.

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.


Latest News

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.
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.
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.
A boom in Chinese internet stocks helped propel San Francisco-based hedge fund to double digit gains this year when other hedge funds have given dull returns, according to a Reuters report.
French building materials business Materis is reportedly in an advanced stage of negotiations to sell its business unit Kerneos. Investment firm Astorg Partners will acquire Kerneos for EUR610 million.
Private equity firm KKR agrees to a restructuring deal for Germany-based car repair chain Auto-Teil Unger or ATU through a debt-for-equity swap with the latter's main creditors.
The San Francisco Bay Conservation and Development Commission said it will be looking into whether Google Inc had the complied with the necessary paperwork to build its barge project on Treasure Island.
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