SolidFire raked in US $31 million in series C funding led by existing investor Samsung Ventures. It also launched its newest storage solution , claimed to be the fastest in the market.
Deals
Dow Chemical continues to exceed expectations in second quarter
Dow Chemical revenue continues to climb as demands for crop protection products and plastics increase.
VidSys raises US $15.65 mln in new financing
Security operations platform provider VidSys accumulated US $15.65 million in equity financing from existing investors.
Onconova prices stocks at US$15 each during IPO
Onconova Therapeutics Inc. is set offer its common stock at US $15 during an initial public offering.
Google to invest in Uber funding round
It was reported that Google planned to invest in Uber funding round. Google, through Google Ventures, was expected to participate in Uber's upcoming new round of funding.
Latest News
Credit Suisse's investment bank improved group profit but investors remain concerned about the Swiss bank's future.
Chromecast quickly sold out in a matter of hours after its announcement. Quickly after Google announced its new product, Chromecast, the company received a large volume of orders.
Emaar Properties, Dubai's biggest developer, requests for an adjustment of their loan terms following the S&P's positive evaluation.
Hanergy Holding Group Ltd. acquires Global Solar Energy Inc. in its bid to strengthen its solar panel production technology.
Hibu Plc surrenders control of the company in exchange for a GBP 800 million debt writedown. Hibu Plc agreed to a debt writedown valued at GBP 800 million (US$1.
Crossroads Systems Inc. gets US $10 million credit from Fortress Investment Group. An affiliate of Fortress Investment Group agreed to extend a US$10 million credit to Crossroads Systems Inc.
Facebook traded above USD 30 on Thursday for the first time in five months. For the first time in five months, Marc Zuckerberg's brainchild, Facebook Inc.
Kinderhook Industries announced its acquisition of Comprehensive Clinical Development but no financial details were disclosed.
It seemed that Google has a two-pronged strategy in mind involving the Chromecast and Google TV. Through the release of Chromecast, it seemed that Google may have finally found a "surefire way to get the Internet on your TV".
