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.
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Billionaire Ross spends USD100 million for shipping venture
Billionaire investor Wilbur Ross spent USD100 million to acquire vessels hauling dry commodity. Wilbur Ross, billionaire investor and owner of WL Ross &Co.
Crowdit names three new members for its Board of Advisors
Three new members would join the existing members of Crowdit's Board of Advisors. The first firm to interact business networking and support services in to the crowdfunding experience, Crowdit, announced the appointments of three new members of its Board of Advisors.
Ballmer appears at Microsoft Accelerator in Berlin
Outgoing Microsoft CEO Steve Ballmer presented the nine startups who composed the first batch of Microsoft Ventures Accelerator in Berlin.
Path nabs more than USD7 million funding from Dustin Moskovitz, friends and family - source
Path reportedly received additional funding at more than USD7 million amid departures of its team members.
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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 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.
John Malhotra, the former independent energy advisor, is now the reported head for Macquarie's Asian oil and gas advisory businesses.
Samsung Electronics Co said it would be increasing its display resolutions via its large-display phones called "fonblets" starting next year.
The Icon Technology Partners fund raised USD100 million to invest in early-stage business software startups.
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.
