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.
Sectors
Dropbox acquires Massachusetts-based stealthy workplace chat solution Zulip
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.
Microsoft Xbox exec Marc Whitten leaves for Sonos
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.
Google adds more features to cloud service but mum on new customers
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.
Indian jewelry e-tailer BlueStone bags $10M in Series B round
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.
Latest News
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.
California, US-based semiconductor startup Aquantia Corp closed $16 million in a Series G funding round led by Xilinx Inc as it prepares for its initial public offering (IPO) in the US.
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 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.
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.
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.
Dublin, Ireland-based oil exploration firm PetroNeft Resources raised $6.7 million (€4.8 million) in combined share placement and debt facility to support the development of its oilfield in Russia.
Cupertino, US-based electronics giant Apple started selling the 8GB version of iPhone 5C in Apple stores in the UK at £40 less than the original cost to make up for the low sales of the said device.
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.
