Archives

Colorado-based robotic toy maker Orbotix raises $15.5M in Series D funding

Boulder, US-based robotic toy maker Orbotix raised $15.5 million in its Series D funding round led by Shea Ventures to create new categories of connected toys and to expand globally.


Kamcord raises $7.1 million led by TransLink Capital and other investors

Kamcord has raised $7.1 million led by TransLink Capital and other investors with the latter to also help in the entry of the company in key Asian markets including Japan, Korea and China.

Odyssey Airlines to raise $8.4 million through crowdfunding

Odyssey Airlines has decided to source investment through a crowdfunding that would allow the company to raise $8.4 million equity capital in preparation for a launch in 2016 and its operational costs.

Google acquires Rangespan, terms of the deal undisclosed

Rangespan was acquired by Google which was a third for the latter to buy a company based in the U with the terms of the deal left unrevelead.


Latest News

Ukrainian troops attacked a stronghold of Slovyansk in the east at dawn, but was countered by pro-Russian separatists. The Defense Ministry reported three people were killed and two Ukrainian helicopters were shot down killing two crew members.
The Wednesday bombing in Urumqi South Railway Station has taken 3 lives while injuring 79 others in an attack referred to as an act of terrorism by religious extremists.
Cambridge, Massachusetts-based e-book deals service BookBub scored $3.8 million in its first funding round led by NextView Ventures and Founder Collective to expand its workforce and services and tap into international markets.
Fremont, US-based intellectual property (IP) management firm Lecorpio bagged $10 million in an unneeded funding round with Los Angeles-based investor M2O to guarantee the safe exchange of ideas and information for its enterprise clients.
Google has released a series of Android updates for the past few months including the Andorid 4.4, Android 4.4.1 and the Android 4.4.2. However, despite the multitude of updates, many users still complained about problems with their Android devices. This time, instead of releasing an Android update that promises new features, Google’s upcoming OS firmware promises to focus on fixing bugs.
Washington, US-based software giant Microsoft acquired Wellington, New Zealand-based cloud computing firm GreenButton for an undisclosed amount to incorporate it into the Azure public cloud platform to give companies remote access to software.
New York, US-based physical storage provider MakeSpace landed $8 million in funding from Upfront Ventures, OATV, Founders Fund, and other investors, to model its service after Uber and Dropbox and expand its workforce.
New York, US-based open-source video platform Kaltura bought Tel Aviv, Israel-based pay TV service startup Tvinci for an undisclosed amount to gain flexibility in the video business and grow its revenue.
JX Nippon Oil & Energy Corporation has opened an office in Johannesburg, South Africa that could indicate possible company expansion as the former looks to collaborate with exploration and retail firms.
Tesla Motors quietly secured permits to modify a former Chrysler facility in California and is hiring 32 workers for the said facility, according to a Bloomberg report published last week.