Russian search company Yandex has bought KitLocate, an Israeli startup that provides iOS and Android developers with an SDK to make their apps be location aware, for "several million euros," TechCrunch reported.
Sectors
Richard Hall is now Harvard Management Company private equity head
Harvard Management Company has named Richard Hall, the private equity head of Teacher Retirement System of Texas, to be its private equity cheif, Reuters-PE HUB reported.
GSN Games finally said to close acquisition of India-based Bash Gaming for $165M
GSN Games has finally completed its acquisition of Bingo Bash maker Bash Gaming, a games platform based in India, for about $165 million, sources confirmed to TechCrunch.
Rox lands $3.3M in share placement to fund nickel project in Australia
West Perth, Australia-based mineral exploration firm Rox Resources landed $3.3 million from the placement of 73.3 million shares to fund its nickel project in the Goldfields.
China's FDI increases 10.4% in first two months of 2014 but holidays cause slowdown in February
The foreign direct investment of China went up 10.4% from January to February this year but the holidays of the Lunar New Year caused February figures to drop, Reuters reported.
Latest News
San Leandro, US-based hearing product developer iHear Medical launched a crowdfunding campaign via Indiegogo to make personalized hearing aids available for 350 people worldwide with hearing impairment.
3D printing firm Zortrax is seeking to raise $3.5 million by issuing 10,000 unsecured bonds worth $329 each, carrying a 9% interest and to mature in three years, TechCrunch reported.
In contrast to a previous report by Newsweek, Dorian Satoshi Nakamoto issued an official statement denying any alleged ties he has with Bitcoin including allegations that he created Bitcoin.
Google Drive and chat services such as Google+ Hangouts were affected by a widespread outage which began at 12 pm ET on Monday, with Google still investigating the issue.
Palo Alto, US-based video discovery startup Boxfish bagged $7 million in a Series B funding round led by Atlantic Bridge to beef up its workforce and expand into new markets.
Minneapolis, US-based health insurance marketplace Gravie scored $10,5 million in its first funding round which was led by Aberdare Ventures to help its clients understand their best option for coverage.
Perth, Australia-based coal miner The Waterberg Coal Company Ltd raised A$2.4 million from an equity issue to London, UK-based investment firm Investec Asset Management to gain additional working capital for its current project.
San Francisco's Kontangent+PlayHaven rebrand as Upsight to integrate game analytics and monetization
San Francisco, US-based firm Kontangent+PlayHaven, a company that resulted from a merger three months ago, is rebranding as Upsight to create a single platform that integrates both game analytics and monetization.
Berkeley, US-based machine learning startup Wise.io pocketed $2.5 million in its first round of funding which was led by Voyager Capital to let its clients build machine learning models for customer behavior analytics.
