Catavolt Inc scored USD 5 million for its Series B funding round. The world's foremost creator of a platform for cloud middleware enterprise mobility recently announced the closure of its Series B investment round.
Software & IT services
Facebook to acquire company specializing in voice translation software
Facebook announced that it would acquire Mobile Technologies, a company focused in developing voice translation software.
Russian pleads not guilty in largest US hacking case
Russian pleaded not guilty to charges that accuse him of being a part of the biggest cybercrime ring prosecuted in the US.
3D printing spurs copyright clash on iPhone gear
3D printing continued to spur copyright clash between low-end 3D printer users and various companies that defend their copyrights on electronics.
Merging firms create new technology firm named Freedom Telecommunications
Wilcon and Freedom Dark Fiber Networks merge to create Freedom Telecommunications. The premier provider of best-in-class data center and fiber optic infrastructure, Wilcon, announced the entry into an agreement to acquire Freedom Dark Fiber Networks.
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Arkami gathered USD 1.8 million in Series A funds to develop myIDkey. Arkami, maker of myIDkey, raised USD 1. 8 million in Series A funds. The round was led by McNeel Capital, Gordon Clemons, Mark Swanson and other unnamed angel investors.
Forrester Research predicted that the tablets' worldwide installed base would reach more than 900 million by 2017, up from 2010's 15 million users.
Google would launch 'Google Impact Challenge in India' and award an Rs 3 crore worth about US$500,000 and technical assistance that would bring the winning projects into life.
ATK won a contract with Orbital Sciences Corp. that would allow provision of the motor of solid rockets used for the latest air-launched space transport system.
Microsoft launched Microsoft by the Numbers that features a summary of the company from sales of licenses to consumed pizza slices.
Elon Musk recently announced a radical transport system on solar energy that will reduce travel time from San Francisco to Los Angeles to 30 minutes.
As Blackberry announced its formation of a special committee to "explore strategic alternatives" like a possible sale to compete with its biggest technology rivals, conflict may arise.
Everspin Technologies announced that it was able to close its Series B funding round with USD 15 million from venture capital firms.
Amid dark forecasts on the PC market, especially for the future of Dell, Dell's buyout prospects may be on the rocks as well.
