Dawn Capital led the Series C funding round for software firm eCommera which raised $41 million. Other investors in the round were ePlanet Capital, Westcoast Capital, WPP and WTI, TechCrunch reported.
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Singapore's DDB Group Asia Pacific acquires 22feet to help develop India's digital marketing solutions sector
Singapore-based business consortium DDB Group Asia Pacific acquired Bangalore, India-based digital marketing firm 22feet for an undisclosed amount in a bid to be the leader in the development of India's digital marketing solutions industry.
India's Quest Global bought American engineering firm Beeken
Bangalore, India-based outsourced engineering solutions provider Quest Global Engineering added Houston, US-based engineering firm Beeken TechQuest for an undisclosed sum to meet the engineering workforce demand in the oil & gas industry.
Huawei unveils five new devices in Barcelona tradeshow
Chinese gadget maker Huawei unveiled five new devices during the Mobile World Congress tradeshow held in Barcelona, including two tablets, one smartphone, one smartband, and a fast mobile Wi-Fi device.
More American investors backing African startups
Africa is already in the radar of large American technology corporations and venture capitalists as IBM, Microsoft and Intel Capital make bets on startups in the continent, TechCrunch reported.
Latest News
In the SwitchPitch event in Miami, it's not the startups that went to the stage to make the pitch to investors. Rather, it's the big firms that did the pitching, the Miami Herald reported.
Social media giant Facebook has made an important change on how to treat the memorialized account of a Facebook user who has already passed away, PCWorld reported.
The iPad-based application ZWare Mobile for the mobile technicians of The Dwyer Group franchisees was completed by Servant Systems Inc, a Microsoft Partner Network member.
Koos Bekker, the Chief Executive Officer of South Africa-based e-commerce and media giant Naspers Ltd, will be stepping down on April. He will be replaced by Bob van Dijk, Reuters reported.
To fund the repairs and renovations of a historic theater in Westcliffe, Colorado, the Jones Theater is launching a crowdfunding campaign on the "GoFundMe" crowdfunding platform starting March 1, the Canon City Daily Record reported.
The top smartphone makers in the world, Apple Inc and Samsung Electronics, failed to reach a settlement agreement on their smartphone technology dispute in a meeting with a mediator in the first week of February, Bloomberg reported.
Jeffrey Epstein and the Jeffrey Epstein VI Foundation has substantially backed a Harvard study looking at the effects of music on reducing the stress of premature infants.
Barnes & Noble Inc secured a conditional acquisition offer of $22 per share from investment management firm G Asset Management, the Los Angeles Times reported.
A major vulnerability found in Apple Inc's software for mobile devices could give the power to hackers to access encrypted communications like email, Reuters reported.
