The Icon Technology Partners fund raised USD100 million to invest in early-stage business software startups.
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Scale Venture Partners welcomes Ariel Tseitlin as its new venture partner
Former Netflix executive Ariel Tseitlin joins Scale Venture Partners as its newest venture partner. Former Netflix Director of Cloud Solutions Ariel Tseitlin would become one of the newest partners at Scale Venture Partners.
Coresystems nabs USD15.5 million in first external Series A funding round
Swiss mobile app maker Coresystems had received its first external funding since 2002. Coresystems received USD15. 5 million from investors in a recently concluded Series A funding round, TechCrunch said in a report.
Bitcoin's shows signs of a bubble via record price points - report
Some industry observers see the rise in Bitcoin value as a bloated valuation. In an article on TechCrunch, digital currency Bitcoin was reportedly on a comeback after a series of market value setbacks.
Google Ventures welcomes new investment partners
Google Ventures added two new investors, Shanna Tellerman and Dave Munichiello, in its roster. Google Ventures welcomed Shanna Tellerman and Dave Munichiello, its two new investment partners, to its ranks.
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RenoNorden, the Scandinavian waste management firm backed up by Capvest, announced the appointment of Staffan Ebenfelt as Group CEO.
Sources disclosed to Reuters that only five names, including Ford Motor Co chief Alan Mulally and former Nokia CEO Stephen Elop, were being considered to replace Microsoft Corp Chief Executive Steve Ballmer.
Lada is set for major developments, such as the appointment of its first non Russian CEO. Bo Andersson was recently appointed by OAO AvtoVAZ as its new CEO.
Sidley Austin LLC had announced Timothy Spangler joining the firm as its new partner for its Global Investment Funds unit.
According to a source, Troy Carter apparently had been busy not managing Lady Gaga's music career, causing the music artist to sever ties with her long-term manager.
Renault SA, Nissan Motor Co and Mitsubishi Motors Corp expanded its existing joint venture to effective save production costs.
Celebrity Justin Bieber invested USD1.1 million as seed round for a new social media network for teens.
Hong Kong sofa supplier Man Wah Holdings lifted its owners' stocks to USD1.1 billion after it closed at its highest level in two years.
Top equity fund manager in Thailand reduced domestic shares holdings and sold off stocks while protests against government amnesty bill continued.
