Arkami gathered USD 1.8 million in Series A funds to develop myIDkey. Arkami, maker of myIDkey, raised USD 1. 8 million in Series A funds. The round was led by McNeel Capital, Gordon Clemons, Mark Swanson and other unnamed angel investors.
Sectors
CDC and Abraaj invest in Rainbow Hospitals
CDC and Abraaj have jointly invested in Rainbow Hospitals. The development finance institution of the UK, CDC together with the Abraaj Group, one of the foremost investors participating in growth markets worldwide, have announced their financial investment in the Rainbow Hospitals group.
Renewable Resources Group Inc buys Sun World International LLC
Renewable Resources Group Inc agrees to purchase Black Diamond Capital Management's Sun World International LLC.
Harvard student dilemma sparks multimillion-dollar startup
In 2009, Harvard sophomore James Hirschield's dilemma about his 21st birthday led to a multimillion dollar startup called Paperless Post.
Tencent denies report about WeChat spin-off IPO in Singapore
Tencent denied China Daily's report that the company would list WeChat as a spin-off corporation in Singapore.
Latest News
Extreme Reach said it had agreed to the acquisition of the TV business of Digital Generation for USD 485 million.
Evercore Wealth Management announced that Jewelle Bickford will be their new Partner and Wealth Advisor.
Sources said ThyssenKrupp was considering the sale of its plant in Arizona as its Steel Americas sale stalled.
Forrester Research predicted that the tablets' worldwide installed base would reach more than 900 million by 2017, up from 2010's 15 million users.
Alkhabeer Capital said it would put more investments in the Gulf region and seek listing in the local bourse.
Two sources told Reuters that Barclays was mulling the sale of its UAE retail banking operations. Two sources told Reuters that Barclays is considering a sale of its retail banking business in the United Arab Emirates (UAE).
Sources told Reuters that Mizuho Financial Group offered to acquire a stake for Bank Panin from ANZ.
Triton Fund announced that it would acquire Alpine Energie from FCC. The Triton Fund announced that it had agreed to purchase Alpine Energie from Fomento de Construcciones y Contratas SA (FCC).
Google would launch 'Google Impact Challenge in India' and award an Rs 3 crore worth about US$500,000 and technical assistance that would bring the winning projects into life.
