Metacloud raised $10 million in its Series A funding led by Canaan Partners. (Photo : Reuters)This image represents cloud technology. Cloud solutions provider Metacloud said today that it closed its $10 million Series A fundraiser.
Deals
Oracle and NetSuite Reveal Cloud-Computing Alliance
Oracle and NetSuite unveiled an alliance agreement to deliver cloud-based services to business clients.
Verizon to Acquire Canadian Wireless Start-ups
Verizon Communications Inc. made an offer to buy Wind Mobile as a means of reentering the Canadian market to boost its growth prospects.
Italia Independent to do IPO
Sunglass maker Italia Independent will do IPO at the Milan junior AIM stock market. (Photo : Reuters)The image is Lapo Elkann, the CEO of Italia Independent.
HSBC and Citigroup obtain mutual fund distribution licenses
The Chinese securities regulator grants mutual fund licenses to HSBC and Citigroup. (Photo : REUTERS)Banking group HSBC has settled a case brought by a fund over losses it suffered during the collapse of fraudster Bernie Madoff's financial empire, potentially paving the way for more claims against fund custodians.
Latest News
Rapid Micro Biosystems received funding from several lead investors. (Photo : Reuters)This is an image of workers in a microbiology laboratory. Rapid Micro Biosystems announced today that it has successfully received backing from lead investors Longitude Capital and TPG Biotech.
Ludei announced that it has gained $1.5 million in funding from Spanish investors. (Photo : Reuters)This is the logo of Ludei. The new capital will be utilized for the company's expansion of its JavaScript and HTML5 engineering processes and engineering team in lieu of the industry's increasing demand from major players in the entertainment and tech sector.
Related and Highbridge agreed to partner and create a joint venture on real estate. (Photo : Reuters)The image is an urban area where REITs and real estate moguls earn their keep.
Egypt's OCI increased in value as the country's finance authority approves of tender. (Photo : Reuters)The image is snapshot of the trading floor of the Egyptian bourse Orascom Construction Industries, one of Egypt's largest publicly traded firms, predicts a tremendous upsurge in more than seven years.
Lark Energy put 100 megawatts worth of projects for sale. (Photo : Reuters)The image is an aerial shot of the proposed project from the LA Department of Water and Power.
India's ICICI said that it is picking exporter stocks amidst foreign fund exits. (Photo : Reuters)Securities and Exchange Board of India chief U. K.
Juggenaut Capital Partners made an investment into Ceuta Healthcare. (Photo : Reuters)The image is a model preparing to apply cosmetics. Investment firm Juggernaut Capital Partners gave funds for investment to Ceuta Healthcare Group.
Complix completed its Series B funding as Edmond de Rothschild Investment Partners and GMIV handed their support.
Sanofi, Novartis and GSK are in a race to buy Elder Pharma's formulations unit. (Photo : Reuters)The image is a billboard of Sanofi, the French drugmaker.
