Tags: US

Dropbox raises $500M in debt funding

San Francisco, US-based cloud storage giant Dropbox has raised $500 million in a debt funding reportedly led by JP Morgan for the construction of its new data centers, according to a source familiar with the situation.


US e-learning platform Lynda.com adds Canadian startup Compilr for $20M

California, US-based e-learning platform Lynda.com added Halifax, Canada-based coding platform Compilr in a deal valued at $20 million to expand its video-based courses and services.

American media asset manager Dalet inks deal to acquire British video firm AmberFin

New York, US-based media asset management firm Dalet Digital Media Systems inked a deal to acquire Basingstoke, UK-based video transcoding firm AmberFin for an undisclosed amount.

US-based Internet TV firm YuppTV pockets $2.5M from Sashi Reddi

Atlanta, US-based Internet-based TV service provider YuppTV Inc pocketed $2.5 million in its first funding round from Indian early stage investor Sashi Reddi to scale up and expand its client base.


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Illinois, US-based testing and consulting firm Professional Service Industries Inc added Midwest Engineering Services Inc for an undisclosed amount to become the biggest testing firm in Wisconsin.
Atlanta, US-based telephone and data networking firm Digitel Corp bought Cumming, Georgia-based managed IT services provider JTECH Networks for an undisclosed sum to expand its portfolio of services.
Columbus, US-based software firm Bjond raised $3.25 million in its Series A funding round led by Draper Triangle Ventures to accelerate its workflow automation software BjondHealth.
San Francisco, US-based photo sharing service Imgur closed $40 million in its Series A funding round led by Andreessen Horowitz and Reddit to facilitate its workforce and marketing expansion.
Ontario, Canada-based non-profit research organiztion Centre for Research and Innovation in the Bio-Economy (CRIBE) invested C$1.5 million to increase the annual capacity of renewable liquid fuels producer Ensyn Technologies from 3 million liters to 13 million liters.
San Francisco, California-based online grocery ePantry launched publicly to provide regular and automated delivery of more affordable green and sustainable products to the homes of consumers.
Nashville, US-based Windy Hill Spirits Inc, the maker of American Born Moonshine, pocketed $6.1 million in new equity from undisclosed investors to continue producing high quality moonshine for its customers.
Lexington, US-based healthcare IT service provider Imprivata filed for an initial public offering (IPO) to raise $115 million on the New York Stock Exchange (NYSE).
Santa Clara, US-based startup Crossbar bagged $25 million in its Series C funding round to expand the memory of a postage stamp-sized chip to one terabyte and make it 20 times faster that the best flash storage at present.
Palo Alto, US-based stealthy startup Citizen.VC raised $4 million in funding out of a reported $12-million round, based on a document filed with the US Securities and Exchange Commission.
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