California-based bills payment and invoicing startup Bill.com picked up USD38 million in a new financing round led by Scale Venture partners and other former investors.
Sectors
6Wunderkinder closes USD19 million in Series B funding from Sequoia
Berlin-based task management company 6Wunderkinder raised USD19 million in a Series B funding round to be used for the firm's expansion in the US and business development.
New research finds private equity funds barely worth it
In a recent study, the National Bureau of Economic Research said that combined costs associated with private equity fund investments are significantly huge. This essentially makes PE investments not so great in the long haul.
Glencore Xstrata to debut on the Johannesburg bourse
With an expectation of strong demand for its shares in the market, Glencore Xstrata would be making its market debut in the Johannesburg bourse today.
Scanadu raises USD10.5 million for medical tricoder project
Health device innovator Scanadu recently raised USD10.5 in a Series A funding led by Relay Ventures for the development and marketing of its urine analysis tool for smartphones.
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TPG Capital senior partner Tim Dattels, a former Goldman Sachs banker, is moving back to Asia to be co-head of the global private equity firm's regional operations, as current Asia head Stephen Peel steps away from day-to-day management.
Cooper had sought the jurisdiction of the Delaware Supreme Court to rule on the order by Delaware Chancery Court Judge Sam Glasscock III finding no fault on Apollo for the delayed merger.
Venture capital firms FirstMark Capital and Atomico raised USD225 million and USD476.6 million respectively. Said firms have been known for investments in early stage technology companies.
San Francisco-based alternative payday loans startup LendUp raised USD14 million in its first venture round led by Google Ventures to lend money to people with poor credit.
The French government on Tuesday approved IntercontinentalExchange Inc's takeover of stock market operator NYSE Euronext but urged French market players to step in to preserve Paris as a financial centre.
Warrnambool Cheese and Butter Factory is now the subject of a three way battle as bidders Bega Cheese, Saputo and Murray Goulburn all seek to be the owner of the manufacturer of brands such as Sungold Milk and Great Ocean cheese.
OAO Sberbank, under the leadership of CEO Herman Gref, had undergone layoffs as well as transitions to become one of the top banks in Europe, with interests in Eastern Europe and Turkey.
UK-based pet retailer Pets at Home will be put up for an initial public offering by American multinational private equity firm KKR & Co LP. Said listing would be worth GBP1.5 billion.
Virginia-based tech startup FoundationDB raised USD17 million in a financing round led by Sutter Hill to be used for the expansion of its reliable database project.
