Berwyn, Pennsylvania-based wireless location solutions provider TruePosition Inc bought Boston, Massachusetts-based hybrid wireless positioning technology provider Skyhook for an undisclosed amount to boost its product portfolio.
Deals
California-based stealthy security firm Apprity scores $8M in first venture round
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.
California health software firm picks up $50M in funding
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.
UK's SEH Group obtains £9.4M funding package from Lloyds
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.
Google Ventures led $4M Series A funding round for cybersecurity startup ThreatStream
Cybersecurity startup ThreatStream has secured $4 million in a Series A funding round led by Google Ventures and participated in by Paladin Capital Group, Cloudera's Tom Reilley and Hugh Nijemanze of ArcSight, TechCrunch reported.
Latest News
Los Angeles, US-based industrial real estate firm Rexford Industrial Realty Inc purchased the Ontario Airport Business Park in a deal valued at around $8.55 million through a 1031 Exchange.
Sharjah, United Arab Emirates-based natural gas firm Dana Gas inked a deal to acquire the North El Arish (Block 6) Concession Area located in Egypt as an addition to its growth portfolio.
Texas, US-based private equity firm Rock Hill Capital Group invested an undisclosed amount in Oklahoma City-based firm Park Energy Services LLC to support its vision of growth and expansion.
Tencent Holdings Ltd and JD.com Inc are in talks to join forces and consolidate their e-commerce operations, according to two people familiar with the matter interviewed by Bloomberg.
Singapore-based data analytics firm Crayon Data secured INR7.3 crore in a venture round from Jungle Ventures and Spring Seeds Capital for its expansion into the US, UK, Middle East, and China.
San Francisco, US-based startup software developer Strevus bagged $6.5 million in its first institutional funding led by Blumberg Capital and US Venture Partners for compliance solutions for financial services firms.
PhiSix Fashion Labs, a computer graphics firm in the Bay Area, has been purchased by e-commerce giant eBay to allow online customers to fit clothes virtually before buying them, VentureBeat reported.
Backed with a $20,000 convertible note from Atlanta Capital, Yik Yak is an anonymous messaging app that allows college students to share their gripes to other users within a five-mile radius, TechCrunch reported.
After 12 years in the industry, New York, US-based local group network Meetup closed an undisclosed amount in its second funding round from three major investors to allow some of its employees to exercise their expiring stock options.
