Software-as-a-Service platform Granify obtained seed funds worth USD 1.5 million from venture capitalists and angel investors.
Articles by Nicel Jane Avellana
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Samsung Electronics Co announced its plans in making more strategic acquisitions offshore. Samsung Electronics Co said it intended to make more international acquisitions after it had invested USD 1 billion in 14 companies since 2010.
Wix has set the opening price of its share for its initial public offering tomorrow at USD 16.50 apiece.
Private equity firm Solis Capital Partners backed Horizon Communications, a telecommunications and electrical infrastructure provider.
Huron Capital Partners-backed Ronnoco Coffee bought Henderson Coffee Corporation. Huron Capital Partners said its portfolio company, Ronnoco Coffee recently purchased Henderson Coffee Corporation.
Avante Mezzanine Partners helped finance TechDevice Holdings' acquisition of AdvancedCath Technologies with debt and equity.
Terascala secured additional undisclosed investment from existing and new investors in a round led by Ascent Venture Partners, Harborlight Capital Parters and Thomas Weisel Partners.
Odyssey Marine Exploration Inc said it would have money by the end of this year and would not need to raise equity next year.
Centerview Capital invests in distiller of premium moonshine Ole Smoky Tennessee Moonshine. Private equity firm Centerview Capital made a significant equity investment in Ole Smoky Tennessee Moonshine.
Cloud and mobile Quality of Service or QoS provider Live QoS received USD 4 million in Series C financing from Miralta Capital.
Existing investors pledged USD 1.25 million for Zoomingo's shopping application. Zoomingo was able to raise USD 1. 25 million for its shopping and deal finding application.
Apogee Enterprises Inc acquired Alumicor Limited from Fulcrum Capital Partners and other minority stakeholders in an all-cash transaction worth USD 52 million.
Reinsurance company Analyze Re received USD 1.4 million from venture capital companies for financing round.
Former Rovio executives gathered USD 2.35 million in seed funds for gaming startup Seriously. Gaming startup Seriously raised USD 2. 35 million in its seed round.
Ignition Partners led the Series B round for Coho Data which raised USD 25 million. Canada-based Coho Data was able to secure USD 25 million in its Series B round.
A US Navy T-45C Goshawk training jet crashed in Pensacola and injured two pilots. Two pilots were injured when a US Navy training jet crashed on a runway approach on Monday.
A Brentwood Associates affiliate would be buying shoemaker Allen Edmonds Corp. Port Washington-based Allen Edmonds Corp said it would be purchased by an affiliate of Los Angeles-based private equity firm Brentwood Associates.
Cooper Tire & Rubber and Apollo Tyres would be meeting in court today over its planned buyout deal.
Spire Capital would be selling Just Marketing International to Chime Communications in deal worth USD 76 million.
Morgan Stanley posted losses on seven trading days in the third quarter but losses did not go over its value-at-risk.
Clothing company Joules scored a GBP 22 million investment from private equity company Lloyds Development Capital.
School bus company Atlantic Express Transportation Corp filed for debt relief. Atlantic Express Transportation Corp sought Chapter 11 bankruptcy protection, according to a court filing.
Carlyle Group hired weteran buyout Warburg Pincus executive Kewsong Lee to be its Deputy Chief Investment Officer.
YRC Worldwide Inc sought new labor contract terms from its union employees to get lenders' approval to refinance the trucking company's borrowings.
Environment-friendly home furnishing company Bambeco Inc gathered USD 4.5 million in its first institutional fundraising round.
Canada-based private equity firm Lynx Equity bought lighting fixtures maker Valuelight Limited. Lynx Equity announced its purchase of Valuelight Limited.
RallyPoint was able to get USD 5 million in capital commitments from DBL Investors for its Series A round.
Prince William and the Duchess of Cambridge renovated their Kensington Palace apartment with modern amenities, reports said.
AT&T would be carrying the Samsung Galaxy S4 Zoom starting on November 8. Beginning on November 8, the Samsung Galaxy S4 Zoom would be available on AT&T.
Leaked images sparked rumors that Apple was developing a new tablet to compete with Apple's iPad mini.