K-12 learning analytics company Renaissance Learning secured a $40 million investment from Google Capital, the investment arm of search giant Google that concentrates on late-stage deals, TechCrunch reported.
Deals
Sequoia Capital and Jim Goetz emerge as winners in Facebook-WhatsApp $16B deal
From the viewpoint of venture capital, the real victors of the recently-announced acquisition of WhatsApp by Facebook are Sequoia Capital and Partner Jim Goetz, TechCrunch reported.
Facebook to acquire messaging giant WhatsApp for $16B
Facebook will be buying WhatsApp in a cash and stock deal worth $16 billion. The messaging giant will also be retaining its brand and will function as an independent unit, TechCrunch reported.
Israeli BYOD startup Nativeflow raises $7.5M for secure data browsing
Tel Aviv, Israel-based bring-your-own-device (BYOD) startup Nativeflow raised $7.5M in funding to date to allow workers to securely browse and share both personal and corporate data, according to an exclusive report by VentureBeat.
Fosun International likely to acquire Forbes Media for less than $250M
China-based Fosun International Ltd is the most likely acquirer of Forbes Media Llc but will be paying less than $250 million for the money management magazine, according to sources interviewed by The Deal Pipeline.
Latest News
Brand Embassy, the UK startup that provides an SaaS platform that helps firms improve their customer service on social media, has received $1 million from two new investors, TechCrunch reported.
myTomorrows, a startup based in the Netherlands, got $2.2 million in additional funding from friends and family to give patients with critical conditions access to development-stage therapies, TechCrunch reported.
The venture capital arm of Tokyo-based Internet firm Rakuten, Rakuten Ventures, led the Series A round for Singapore-based ViSenze which raised $3.5 million, TechCrunch reported.
Berkeley, US-based startup MobileWorks raised $2.1 million in funding to change the way outsourcing works by generating online jobs for people who cannot enter the traditional career path.
Tencent Holdings Ltd, the biggest Internet company in Asia, purchased a 20% stake in online review platform Dianping.com, as it steps up its location-based services, Bloomberg reported.
Subiaco, Western Australia-based mining firm Balamara Resources Ltd agreed to divest three of its non-core assets located in the Balkans for A$15.2 million to focus on its flagship projects.
Paddington, Australia-based golf club industry software provider MSL Solutions purchased North Sydney, New South Wales-based handicapping system manager Golf Link Partners (GLP) for an undisclosed sum to expand its company portfolio.
Social entertainment website mig33 has purchased AlivenotDead. a community that enables celebrities to reach their target audience, TechCrunch reported. Financial terms of the deal were not provided.
US-based non-profit technology transfer center for bakers and food processors American Institute of Baking (AIB) added Beijing, China-based certification body Beijing Sino-Swiss ADC Service Co Ltd (SSADC) for an undisclosed amount.
