Tags: US

JWT to pick up majority stake in Indian social media agency Social Wavelength

JWT, a New York, US-based operating company of advertising giant WPP, entered an agreement to pick up a majority stake in Mumbai, India-based social media agency Social Wavelenth for an undisclosed amount to expand its market reach.


US venture capital firm Andreessen Horowitz closes fourth fund at $1.5B

Silicon Valley, US-based venture capital firm Andreessen Horowitz closed its fourth fund at $1.5 billion to invest in a varied range of sectors including 3D printing, consumer mobile, and bitcoin.

Fullscreen adds Texas-based video game media firm ScrewAttack

California, US-based YouTube multi-channel network Fullscreen added Texas-based video game media firm ScrewAttack for an undisclosed amount just a couple of months after it bought mobile-video startup Supernova.

Belgian chemical firm Solvay completes acquisition of US-based Plextronics

Two weeks after receiving approval from the US bankruptcy court in Delaware, Brussels, Belgium-based chemical firm Solvay completed the acquisition of Pennsylvania-based electronics company Plextronics Inc to enhance its OLED (Organic Light Emitting Diodes) electronic display capabilities.


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San Francisco, US-based real estate equity crowdfunding startup RealCrowd Inc nabbed $1.6 million in a seed funding round from Data Collective, Y Combinator's Garry Tan, and some real estate managers.
London, UK-based user-generated news startup Oximity bagged an undisclosed amount of seed money from angel investors Ronnie Screwvala and K Ganesh to provide direct sources of global news in 180 languages.
US-based shipping startup Shyp came out of private beta mode today to deliver hassle-free posting and packaging service to business offices and individual consumers in San Francisco.
US social customer solutions provider Lithium Technologies acquired San Francisco-based social media influence scoring platform in a deal valued at $200 million in combined cash and equity.
San Francisco, US-based incubator launched a new $20-million venture capital fund to back early-stage hardware startups in the robotics, aerospace, agriculture, connected things, and transportation sectors.
Boston, US-based digital currency firm Circle Internet Financial closed a $17-million Series B round from Oak Investment Partners and other investors to help consumers conduct easier and safer Bitcoin transactions.
San Francisco, California-based equity crowdfunding service CircleUp pocketed $14 million in its second funding round from Canaan Partners, Google Ventures, and other investors to bridge investors and companies.
Palo Alto, California-based relationship management software startup RelateIQ bagged $40 million in its Series C funding round led by Redpoint Ventures which values the firm at over $200 million.
Illinois, US-based cleantech firm LanzaTech landed $60 million in a Series D funding round led by Mitsui & Co LTD to convert toxic factory gases into renewable fuel.
Texas, US-based crowdfunding company Junction Investments will begin operating on Wednesday to allow wealthy individuals to invest online in fully-funded Hollywood movies, starting with Tom Hanks' "A Hologram for the King."
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