Celebrity Justin Bieber invested USD1.1 million as seed round for a new social media network for teens.
Venture Capital
Coho Data raises USD 25 million in Series B round
Ignition Partners led the Series B round for Coho Data which raised USD 25 million. Canada-based Coho Data was able to secure USD 25 million in its Series B round.
Top deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Tuesday. The following bids, mergers, acquisitions and disposals were reported on Tuesday.
Rocket Internet-backed Linio obtains USD50 million in new funding
E-commerce company Linio's USD50 million new investment would go towards company expansion. According to a VentureBeat report, e-commerce company Linio received an additional USD50 million in investment.
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
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.
Vista Equity partners reached its USD1.1 billion target for its second Foundation Fund. Vista Equity Partners closed USD1. 1 billion for its second Foundation Fund for small and mid-cap software entities.
Dallas-based TI and 7-Eleven executives attended a forum in the Southern Methodist University where corporate venture capital was discussed.
Velocity Venture Capital accepted 10 technology startups into the third level of its Business Accelerator program.
TheSkimm received USD1.1 million in seed funding for the development of its newsletter for busy professionals.
Environment-friendly home furnishing company Bambeco Inc gathered USD 4.5 million in its first institutional fundraising round.
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.
MediaSpike raised USD5.2 million from investors for the placement of ads in mobile and social games.
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.
