MediaSpike raised USD5.2 million from investors for the placement of ads in mobile and social games.
United States
GE embraces crowdfunding with OurCrowd partnership
GE Ventures entered the crowdfunding arena by partnering with the OurCrowd platform. GE Ventures embraced crowdfunding today by partnering with OurCrowd, an Israeli crowdfunding platform.
BlackBerry CEO drops out - shares drop
Following the exit of BlackBerry's CEO, the company's shares dropped to 16%. On Monday, BlackBerry Ltd had abandoned plans to sell and its CEO had stepped down.
Federal Reserve scales down asset purchases
In response to developments in US economy, Fed officials scaled back asset purchases. In a report by Reuters, the Federal Reserve scaled back asset purchases following the slow improvement of the US economy.
RallyPoint secures USD 5 million in Series A round from DBL Investors
RallyPoint was able to get USD 5 million in capital commitments from DBL Investors for its Series A round.
Latest News
Leaked images sparked rumors that Apple was developing a new tablet to compete with Apple's iPad mini.
A poll from iLounge showed that the iPad Air and iPhone 5s were Apple's best products of the year.
The following bids, mergers, acquisitions and disposals were reported on Monday The following bids, mergers, acquisitions and disposals were reported on Monday: BlackBerry Ltd is abandoning a plan to sell itself and instead will replace its chief executive and raise about $1 billion from institutional investors, including its largest shareholder, the smartphone maker said.
Early data from analytics companies indicated the popularity and the high conversion rate of iPad Air as compared to iPad 4 and iPad Mini.
Blackberry agreed to enter into a USD billion convertible debenture sale, which would saw its top executives including cheif executive officer Thorsten Heins leaving the company
Svelte Medical Systems had closed USD22 million from its latest funding round to be used for its new heart surgery products and research.
Rapid-I, a leader in predictive analytics market, would be using its recent funding to scale its business in the US.
Anadarko Petroleum Corp's divestment of its China projects may fetch USD billion, said anonymous sources.
PurThread Technologies, a textile company which had pioneered the technology to reduce bacteria in textile fibers, received over USD7 million in funding led by board chairman Richard Bodman.
