Los Angeles, US-based graphics-rendering firm Otoy acquired San Francisco-based app-streaming startup AppSlingr for an undisclosed amount to make large applications run in the cloud using any device.
Deals
Shopzilla snaps up California online ad startup Connexity
Los Angeles, US-based e-commerce firm Shopzilla snapped up Ventura, California-based online ad startup Connexity for an undisclosed amount to to beef up its audience-buying division.
Australian accounting firm Practice Ignition pockets $650K in seed funding
Sydney, Australia-based accounting software maker Practice Ignition pocketed $650,000 in a seed round from investors such as MYOB co-founder Graig Winkler, for the expansion and development of the firm.
Iluka to pick up ₤12.2M stake in UK metal powder producer Metalysis
Perth, Australia-based mineral sands explorer Iluka Resources Ltd announced that it will pick up an 18.3% stake in Rotherham, UK-based metal powder producer Metalysis for ₤12.2 million ($A22.5 million).
Funding Circle obtains £40M investment from UK government to provide loans to SMBs
Small business loan online marketplace Funding Circle obtained a £40M investment from the UK government to allow the company to continue providing loans to small and medium-sized businesses (SMBs) in the country.
Latest News
Venture capital-backed Ezetap, a mobile payment startup in India, raised $8 million for its Series B round from Helion Advisors, Social+Capital and Berggruen Holdings, TechCrunch reported.
Benchling, a startup backed by YCombinator, SV Angel, Founders Fund, Draper Associates and other angels, bridges biotechnology and computer science with their DNA editing software.
New York, US-based event ticket aggregator TiqIQ bagged $1.7 million in a funding round led by Stonehenge Growth Capital to develop its product that predicts best ticket prices and availability for sports events.
Blackstone, Khosla Ventures, Fairhaven Capital and a group of private investors invested $20 million in the Series B round of cybersecurity firm Cylance
San Francisco, California-based music startup SoundFocus raised $1.7 million in a funding round to develop an iPhone app that adjusts music according to the user's hearing abilities.
Hubub, a startup based in Toronto and New York, obtained $8.5 million in its Series A round participated in by a number of private investors for their platform that enables users to participate in thematic discussions, TechCrunch reported.
Santa Clara, US-based stealthy business security firm Apprity scored $8 million in its first venture round from security tech investors Promod Haque and Gaurav Garg to expand its engineering and research and development teams.
San Luis Obispo, US-based health and wellness software firm Mindbody picked up $50 million in a funding round led by W Capital Partners to boost its web and mobile offerings for health clubs and yoga studios.
Suffolk, UK-based construction supplier SEH Group obtained £9.4million in funding from Lloyds Commercial Banking under the government's Funding for Lending Scheme (FLS) to support its growth and expansion.
