Espresso Logic's first reactive logic programming based database backend merits seed funding in the amount of USD1.6 million from renowned Silicon Valley angel investors such as Inventus Capital.
Software & IT services
Crowdfunding platform Prefundia leaves beta phase
Prefundia's crowdfunding platform would now be accepting project proposals from the public. According to a report by tech news site Techcrunch, crowdfunding platform Prefundia was now opening its doors to the public after three months in beta.
Twitter's IPO volume sends message to fellow start ups
Market acceptance at an IPO lull period is the message Twitter sent to all fellow start ups. The initial public offer of Twitter had sent a powerful signal to technology executives reviewing market floats of Silicon Valley startups.
Intel has acquired Kno as it ventures into education tablets
Intel Corporation acquired e-learning software company Kno. Intel Corporation recently acquired software company Kno. The latter began as a hardware company that later pivoted into producing eTextbooks and eBooks for college and K-12 students and publishers.
Hot tech start-up Box picks banks for '14 IPO - sources
Data storage company Box, one of Silicon Valley's highly anticipated IPO candidates, has selected Morgan Stanley, Credit Suisse and JPMorgan Chase & Co to lead a proposed initial public offering, according to three people familiar with the matter.
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A rise in the growth of independent mobile apps was seen flourishing amid stiff competition. Analytics firm Flurry released new data today indicating a growing market of independent applications.
Outgoing Microsoft CEO Steve Ballmer presented the nine startups who composed the first batch of Microsoft Ventures Accelerator in Berlin.
Preliminary plans obtained by the San Francisco Chronicle revealed that one of Google's floating barges would be an interactive showroom for about a thousand visitors daily.
Building Robotics, an Oakland, Ca.-based company, creates intelligent software systems for offices. Intelligent software systems maker Building Robotics recently acquired USD1.
Espresso Logic raised USD1.6 million today as seed funding to make mobile APIs using data logic from reactive programming.
GoCoin secured USD 550,000 for its seed round from various global investors. Singapore-based GoCoin announced that it had secured USD 550,000 for its seed funding round.
Belgian medical equipment company Arseus struck a deal to acquire a pharmaceutical software maker in Brazil called Alternate Technologies.
Private equity firm The Riverside Company invested in crew management software maker ARCOS. The Riverside Company made a major investment in crew management software maker ARCOS for the expansion of its operations.
The following bids, mergers, acquisitions and disposals were reported on Thursday. The following bids, mergers, acquisitions and disposals were reported on Thursday.
