A high profile global wealth and asset management firm in Western Europe spent $4 million to acquire the licenses and related services for Kofax TotalAgility 7.0 and Kofax Analytics, which are products created by California, US-based business software firm Kofax Ltd.
Regions
US federal court dismisses IPO-linked lawsuit against Zynga
U.S. District Judge Jeffrey White dismissed the lawsuit filed against San Francisco, California-based social game maker Zynga in which shareholders accused the company of lying about its financial status before it went public.
New Israeli smart calendar app simplifies meeting tasks
Tel Aviv, Israel-based smart calendar app Cal added a new feature called HeadsUp that simplifies meeting and appointment tasks such as taking notes, composing minutes, and assigning tasks to attendees.
London-based Henderson Group looks to grow assets to £150B by 2018
Henderson Group has plans to grow its assets to £150 billion in four years as it seeks to expand in markets outside the UK, Reuters reported.
Chinese messaging app WeChat undergoes major upgrade
With the spotlight suddenly turned on messaging apps after Facebook acquired WhatsApp, Chinese app WeChat released a major upgrade for the iOS and Android versions with new features such as real-time location sharing and chat history search.
Latest News
If You Can Company, a startup that created a game that teaches social and emotional learning to children, has raised $6.5 million for its Series A round ed by Greylock Partners, TechCrunch reported.
Cambridge, Massachusetts-based database firm NuoDB landed $14.2 million in a Series C funding round led by European software firm Dassault Systemes to beef up its sales and marketing teams.
Texas-based medical imaging firm Seno Medical Instruments Inc secured $34.6 million of its $39 million Series C equity funding round led by MedCare Investment Funds.
Piazza, a social Q&A platform that connects students, teaching assistants and professors, has rolled out a new recruiting tool with the help of an additional $8 million from Khosla Ventures and Bessemer Ventures in a Series B round which quietly closed last year, TechCrunch reported.
Opternative, a Chicago-based startup, bagged $1 million in seed funding from Tribeca Venture Partners and Chicago Ventures does away with the need to have an in-person eye exam, TechCrunch reported.
A cybersecurity firm said on Tuesday that it uncovered stolen credentials from some 360 million accounts that are available for sale on cyber black markets, though it is unsure where they came from or what they can be used to access.
Lerer Ventures led the first institutional funding round for tuxedo rental business The Black Tux which raised $2.6 million to offer clients cheaper yet higher quality suit and tie, TechCrunch reported.
Tempo Telecom, a provider of prepaid and flexible communications services, received an investment from Birch Equity Partners, a private equity firm based in Atlanta, Georgia.
After the seed funding round led by Vinod Khosla of Khosla Ventures, wearable technologies startup Quanttus received a $19 million Series A round from Khosla Ventures and Matrix Partners.
