Celebrity Justin Bieber invested USD1.1 million as seed round for a new social media network for teens.
Deals
AetherPal scores USD6 million in Series A funding
Remote diagnostics company AetherPal secured USD6 million in Series A funding for the development of its pre-loaded software for smartphones.
Microsoft enters 20-year investment deal with RES Americas to buy wind power
Microsoft entered a 20-year deal with RES Americas to source wind power from its Texas facility. Microsoft Corp. sealed a deal to source power from a Texas wind farm.
Google's USD607 million investment to triple size of Hamina data facility
Google announced that it will invest USD607 million to upgrade its seawater-cooled facility in Finland and convert it into a bigger data center.
Terrajoule raises USD11.5 million for solar energy storage
Solar energy startup Terrajoule secured a USD11.5 million funding from Air Liquide and other investors.
Latest News
Garantia Data had renamed itself to RedisDB, following a USD9 million investment round. Aside from acquiring USD9 million in funds, Garantia Data had changed its name to RedisDB.
Supercell Oyj and SoftBank had agreed on a USD1.53 billion deal in the hopes of gaining a significant market share in mobile gaming
A Brentwood Associates affiliate would be buying shoemaker Allen Edmonds Corp. Port Washington-based Allen Edmonds Corp said it would be purchased by an affiliate of Los Angeles-based private equity firm Brentwood Associates.
Cooper Tire & Rubber and Apollo Tyres would be meeting in court today over its planned buyout deal.
Spire Capital would be selling Just Marketing International to Chime Communications in deal worth USD 76 million.
Hong Kong sofa supplier Man Wah Holdings lifted its owners' stocks to USD1.1 billion after it closed at its highest level in two years.
After seven months since its launch, Sold announced it had been purchased by Dropbox for USD1.2 million.
Clothing company Joules scored a GBP 22 million investment from private equity company Lloyds Development Capital.
School bus company Atlantic Express Transportation Corp filed for debt relief. Atlantic Express Transportation Corp sought Chapter 11 bankruptcy protection, according to a court filing.
