The real-time insights provider seals a US $15 million funding after the close of a series D financing from two private equity firms.
Software & IT services
Aston Capital creates new fund for LED projects
Aston Capital created LightCap I Fund to finance LED lighting projects. Aston Capital announced the creation of LightCap I Fund to finance LED lighting installations and purchases for Revolution Lighting Technologies clients.
Cudos Capital acquires cloud provider Navatar Group
Cudos Capital revealed that it acquired Navatar Group to help the firm expand its services. Navatar Group, a leading cloud provider for financial companies, announced that Cudos Capital AG has effectively acquired Navatar Private Equity CRM.
Cupid trades Flirt.com and Benaughty.com to Grendall
Cupid traded Flirt.com and other casual dating sites to Max Polyakov of Grendall for GBP43.1 million
Deltek acquires Acumen
The acquisition of Acumen by Deltek provides enhanced planning capacities for companies giving them better control and management.
Latest News
The Royalty Exchange was able to secure series A capital funding from Grotech Ventures worth US$2.1 million.
Infosys planned to make acquisitions in Europe. Infosys planned to make acquisitions in Europe. This was an effort of leveraging offshoring to cut costs, said the Indian IT company.
TowerJazz announced the extension of its working relationship with International Rectifier (IR). TowerJazz announced the extension of its working relationship with International Rectifier (IR).
Movidus planned to offer a new computational image processor after new funding round. Movidus announced that it was now looking towards new applications for its chips.
An employee stock sale placed Kabam's value at US$700 million. Kabam's employees were allowed to sell common stocks worth US$38. 5 million. The results of the private transactions placed the value of the videogame maker to US$700 million.
Frontier raised GBP39.4 million by floating stocks in AIM. Frontier Developments raised GBP4 million by selling its shares on the Alternative Investment Market (AIM), a submarket of the London Stock Exchange.
Desire2Learn Inc. decided to setup in Boston for its US operations. Desire2Learn Inc. decided to base its US operations in Boston. Desire2Learn Inc. is a Canadian company that assists schools and their teachers handle instructional material by using cloud data storage systems.
EMC Corporation said it would acquire data storage developer ScaleIO for US$200 million. ScaleIO founders are expected to earn around US$60 million from a deal that will see the company being acquired by EMC Corporation.
Worldfloat saw its customer base increase due to unique game. Worldfloat, an Indian-based social networking site, expects to have its membership base expand to around 20 million in the next few weeks.
