Sequoia Capital and Spark Capital both invest in Zazma for USD10 million. In an announcement, short term finance innovator for small businesses Zazma had said it raised USD10 million in financing venture equity from Sequoia and Spark Capital.

Siemens Venture Capital spearheaded the latest series B financing round for Electric Cloud. One of the top firms providing Software Delivery Acceleration solutions recently announced the receipt of USD8 million in investments for its DevOps brand.

Last Tuesday, Hayman Capital's accumulated stake of 5.2% in struggling retailer JC Penney was disclosed in a US Securities and Exchange regulatory filing.

LinkedIn Corp said last Thursday that it would sell additional USD1 billion of its Class A common stock.

In its latest Series B financing round, Quantia was able to raise a total of USD10 million from major and current investors.

According to activist hedge fund Starboard Value, there had been several investors who were willing to pay more for Smithfield Foods than the offered price of China's Shuanghui International Holdings.

After filing bankruptcy protection last year, Kodak said last Tuesday that it had finally exited bankruptcy.

Nokia could boost its royalties as the Finnish phone maker gripped on its valuable patent portfolio.

Today, CouchCommerce announced that it had received a seven figure round in Euros to mobilize its e-commerce websites.

According to sources that told Reuters, mortgage software company Ellie Mae had hired Morgan Stanley to try to sell the company.