Women-led venture capital firm Illuminate Ventures closed USD20 million as its first fund to invest in cloud data, big data, analytics, software-as-a-service, and enterprise mobility startups in North America.
Software & IT services
Boku acquires Quebecell, Opening Middle East and Asian Markets
SF-based mobile payment and carrier billing provider, Boku, acquires India's largest carrier Billing company, Quebecell. Providing them with a centralized hub in penetrating Middle East and Asian markets.
Atos stake sold at 61.25 eur/share - PAI Partners
French private equity firm PAI Partners confirmed on Thursday it has sold a 9 percent stake in IT services firm Atos for 545 million euros ($732 million).
Changyou to acquire majority stake in Raidcall for USD50 million
Online game developer Changyou.com Ltd. announced that it will buy a 62.5% stake in social communication software provider Raidcall for USD50 million. The majority equity interest in Raidcall is currently held by Kalends Inc.
TextPride scores USD1 million in seed funding
Branded mobile content company TextPride secured USD1 million in seed funding which will be used to launch the company's mobile stickers and emojis to mobile messaging apps.
Latest News
Subtraction Capital, FF Angel, 500 Startups and other investors supported CapLinked, a cloud-based platform for business, with a USD 1 million investment in its expansion round.
Cloud storage provider Box, a rival of Dropbox, is raising USD100 million in new funding through a share sale that would value the company at around USD2 billion.
The following bids, mergers, acquisitions and disposals were reported on Wednesday including Telefonica Deutschland, Devon Energy, Metro AG, Devon Energy Corp and others
Legal-focused startup Shake received USD 3 million in its Series A funding round led by SoftBank Capital. Shake is an iOS app that allows users to make and sign effective legal agreements on the go.
Bank of America CEO Brian Moynihan and Federal Reserve Board Governor Jerome Powell will be among bank executives and regulators speaking at an industry conference in New York hosted by The Clearing House Association, which represents interests of the biggest commercial banks.
Intuit Inc. said today that it will acquire workers' compensation payment solutions provider prestwick services. It said it signed a definitive agreement to acquire privately held prestwick services, a subsidiary of Prestwick Holdings
The USD15 million in new investment Apartment List managed to raised in its recently-concluded Series A financing would go towards the efforts of making the platform more friendly to apartment renters.
US-based telecommunications giant CenturyLink acquired enterprise cloud service provider Tier 3 in a deal that improved the combined company's speed, security level, and product offerings.
Salesforce.com Inc said acquisitions help increase the company's sales in the third quarter. Salesforce posted third quarter revenues of USD 1.08 billion, which represented a 35% increase compared to figures from the previous year.
