Deals
US-based social media management startup Percolate lands $24M in Series B funding
New York, US-based social media management startup Percolate landed $24 million in a Series B funding led by Sequoia Capital to help companies monitor conversations and create content on social media.
North Carolina's wedding photo app WedPics scores $1.5M in Series A financing
Raleigh, US-based wedding photo and video-sharing app WedPics scored $1.5 million in its Series A financing round led by IDEA Fund Partners to scale up its platform and beef up its workforce.
Vimeo purchases video-making app Cameo
High-quality video platform Vimeo bought iOS video-creation app Cameo backed by Great Oaks Venture Capital. Financial terms of the acquisition were not provided, VentureBeat reported
Shanghai Media acquires South Korean variety show
Chinese multimedia and Internet firm Shanghai Media Group acquired the rights to remake the popular 2013 South Korean variety show 'Grandpas Over Flowers' for an undisclosed amount.