Redwood City, US-based remote home monitoring company iControl Networks acquired Ottawa, Canada-based home automation device maker Blacksumac for an undisclosed amount to expand its product portfolio.
Sectors
San Francisco digital marketing firm Kenshoo secures $20M in funding
San Francisco, US-based digital marketing tool developer Kenshoo secured $20 million in a funding round led by Bain Capital Ventures to launch its predictive media optimization platform.
US-based crowdfunding platform EquityNet raises $2.1M for expansion
Fayetteville, Arkansas-based crowdfunding and business planning platform EquityNet LLC raised $2.1 million in a new fundnig round led by Proton Enterprises for the expansion of its equity crowdfunding platform.
Florida digital receipts firm FlexReceipts closes $1.4M in Series A funding
Windermere, US-based digital receipts provider FlexReceipts LLC closed $1.4 million in a Series A funding round led by early stage venture fund venVelo to fuel its sales and marketing expansion.
GE Financial Services funds Rockland's acquisition of Elgin Energy Center in Illinois
GE Financial Services is lending $50 million to investment company Rockland Capital LLC to be used for the latter's acquisition of power generation facility Elgin Energy Center in Illinois, US.
Latest News
Kansas, US-based broadband infrastructure investor Rural Broadband Investments LLC snapped up the cable system catering to Poplar Bluff, Missouri, for an undisclosed amount to provide people with better cable and internet services.
Boston, Massachusetts-based wine discovery mobile app Drync landed $2.1 million in a funding round from institutional and angel investors to build its wine shopping platform.
Philippine consortium LT Group Inc (LTG) increased its stake in Negros Occidental-based integrated sugar mill and refinery Victorias Milling Company Inc (VMC) from 7.4% to 14.8% for an undisclosed amount.
US President Barack Obama announced the new members of the Presidential Ambassadors for Global Entrepreneurship (PAGE) who will help start and grow new businesses in the US and around the world.
Santa Clara, US-based low-power SoCs (system on a chip) developer Ineda Systems scored $17 million in a Series B funding round led by Walden-Riverwood Ventures to develop products that can be used in wearable devices and Internet of Things (IoT).
Ontario, Canada-based social reading community Wattpad pocketed $48 million in its Series C funding from its existing investors to expand its workforce and develop its product.
Belfast, Ireland-based home-brewing firm Cargo bagged £82,000 in funding from Invest North Ireland (NI) for the development and marketing of its smartphone-controlled beer-making robot Brewbot.
San Francisco, US-based transportation network firm Uber will launch an on-demand courier service in Manhattan, New York tomorrow, according to an exclusive report by VentureBeat.
Social media giant Twitter snapped up Cover, a startup that offers a lock screen and app drawer for Android devices, for an undisclosed amount, to boost its popularity among Android users.
