Tags: US

Atlanta-based telephone firm Digitel buys IT service provider JTECH

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.


Ohio software firm Bjond raises $3.25M in Series A funding

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.

American photo sharing site Imgur closes $40M in Series A round

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.

CRIBE invests C$1.5M to increase capacity of Ensyn's biofuels facility in Canada

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.


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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.
Tesla Motors Inc's General Manager Kingston Chang resigned prior the car maker's expansion in China, reported Bloomberg.
Santa Monica, US-based 3D print online marketplace SyncFab launched a $25,000 crowdfunding campaign on Kickstarter to streamline specialty manufacturing in the US using the 3D printing technology.
San Francisco, US-based venture capital firm Rise Capital is set to raise $146 million to back startups in Africa, South America, and other emerging markets.
San Jose, US-based solar-panel robotics startup Brittmore Group bagged $1 million in a recent grant from the Department of Energy to automate the construction of solar power plants.
San Francisco, California-based music startup BandPage scored $8.5 million in a funding round from music tech investors such as Mohr Davidow Partners, Robert Kavner, GGV Capital, and Walden Venture Capital.
Studio City, California-based content and rights management firm FilmTrack acquired Pasadena-based IP rights, royalty, and contract management software provider Jaguar Consulting for an undisclosed amount.
US-based boutique advisor and venture capital firm The Africa Group (TAG) picked up a 25% stake in Ethiopia-based health systems engineering services provider Telemed Medical Services (Telemed) for an undisclosed amount to help more people gain access to health resources.
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