Remote diagnostics company AetherPal secured USD6 million in Series A funding for the development of its pre-loaded software for smartphones.
United States
MHT and MidSpan Banks form MHT MidSpan Bank
The two banks for middle market advisory services have merged to provide a wider range of portfolio services to its clientele.
Brentwood Associates affiliate acquires Allen Edmonds Corp.
The leather goods specialist Allen Edmonds Corp is purchased by an affiliate of Brentwood Associates.
Troy Carter loses Lady Gaga amidst set up of new USD75 million fund
According to a source, Troy Carter apparently had been busy not managing Lady Gaga's music career, causing the music artist to sever ties with her long-term manager.
Wedding registry site Zola nabs USD3.25 million in Series A investment
Online wedding registry website Zola received USD3.25 million in funding led by Thrive Capital, with participation from investors including Gilt Groupe founder Kevin Ryan.
Latest News
Microsoft entered a 20-year deal with RES Americas to source wind power from its Texas facility. Microsoft Corp. sealed a deal to source power from a Texas wind farm.
Solar energy startup Terrajoule secured a USD11.5 million funding from Air Liquide and other investors.
Following customer complaints on Groove and Wunder Under yoga pants, Canadian clothing company Lululemon’s shares drop to USD67.85.
US Attorney General Eric Holder said his comments that confirmed talks of a settlement between American Airlines and the US Airways regarding the airline's planned merger.
Clothing retailer Men’s Wearhouse refused the request of Jos. A. Bank Clothiers to check the former's books in lieu of the latter's buyout bid.
Celebrity Justin Bieber invested USD1.1 million as seed round for a new social media network for teens.
Garantia Data had renamed itself to RedisDB, following a USD9 million investment round. Aside from acquiring USD9 million in funds, Garantia Data had changed its name to RedisDB.
A Brentwood Associates affiliate would be buying shoemaker Allen Edmonds Corp. Port Washington-based Allen Edmonds Corp said it would be purchased by an affiliate of Los Angeles-based private equity firm Brentwood Associates.
Cooper Tire & Rubber and Apollo Tyres would be meeting in court today over its planned buyout deal.
