Private equity-backed Netchemia, which provides cloud-based talent management software solutions, has acquired online recruiting and application management company SchoolSpring for an undisclosed amount, VentureBeat reported.
Sectors
AltSchool bags $33M in Series A round
Founders Fund and Andreessen Horowitz led the Series A round of AltSchool, the startup that seeks to provide personalized education to students, which secured $33 million, TechCrunch reported.
NVM Private Equity backs management buyout of No.1 Traveller with £7M investment
NVM Private Equity has invested £7 million for the management buyout of No. 1 Traveller, an airport hospitality specialist, a statement about the funding said.
Lenovo to continue acquiring companies to drive growth
After its recent purchases of Motorola Mobility and IBM's server business, Chinese personal computer (PC) maker Lenovo said that it will continue its string of acquisitions to drive its growth.
Pollution pushes Paris to ban half of all vehicles except electric and hybrid cars
The alarming levels of pollution in Paris, France have pushed the government to ban half of the city's vehicles except electric and hybrid cars on Monday and Tuesday in an effort to help clear the smog trapped in the city.
Latest News
Bedford, US-based SQL database startup VoltDB raised $8 million in a Series B funding round led by an unnamed investor from Silicon Valley to scale databases both up and out.
San Francisco, US-based cloud storage giant Dropbox acquired Cambridge, Massachusetts-based stealthy workplace chat solution Zulip for an undisclosed amount to integrate its services into its product offering.
After 14 years of service in Microsoft, Xbox Chief Product Officer Marc Whitten will be departing and heading over to Sonos to take the same position for an unspecified reason.
While Google is expanding its public cloud, the Google Compute Engine, with new features, it has remained silent about getting new customers to use the platform, VentureBeat reported.
Bangalore, India-based online jewelry retailer BlueStone bagged $10 million in its Series B funding round led by venture capital firm Kalaari Capital to beef up its marketing and branding campaigns.
Thousand Oaks, US-based agricultural biotechnology seed firm Ceres Inc got $23 million from a recent public offering of common stock to be used for its operations and other corporate purposes.
Seed accelerator Joyful Frog Digital Incubator or JFDI.Asia was able to secure$2.1 in new funding led by Infocomm Investments and participated in by SpinUp Partners and Fenox, TechCrunch reported.
Star Scientific Inc, a dietary supplements maker based in Henrico County, US, secured $9.3 million through equity and funding deals from its investors as it struggles to achieve profitability and conquer liquidity problems.
Mt. Gox has brought back its login screen so that users can check their Bitcoin balances. However, it's still not certain when the digital currency platform will allow users to access their digital money, TechCrunch reported.
