MKTG INC and angel investors provided USD 1.7 in investment capital to Bonfyre, an application that enables brands and organizations to link with their audiences via private, experience-based micro social networks.
Funding
Mojave Networks snags USD5 million for mobile security
California-based mobile security firm Mojave Networks raised USD5 million in a funding round led by Bessemer Venture Partners, to be used for its expansion and marketing efforts.
Private equity firms Forum Synergies and Axon Capital pick up stake at Justeat.in
Two private equity firms, Axon Capital and Forum Synergies, together bought a minority stake in Bangalore-based online food ordering portal Justeat.in for an undisclosed amount.
Hiplogiq secures USD7 million in Series B financing
Texas-based marketing startup Hiplogiq raised USD7 million in a Series B funding round from Hadron Global Partners, to be used for the company's growth, expansion, and product promotion.
La Caisse, BMO Capital Partners invest USD 20 million in Novacap's Nautilus Plus
Institutional fund manager La Caisse de dépôt et placement du Québec and investment firm BMO Capital Partners invested USD 20 million in Nautilus Plus, a Quebec-based fitness center chain owned by Novacap.
Latest News
Acumatica, cloud-based Enterprise Resource Planning solutions provider based in Kirkland, Washington, raised USD 10 million for its Series C funding round led by Runa Capital and Almaz Capital.
Compass-EOS on Monday announced that it has raised USD42 million from its latest funding round. Top-tiered investors including global venture capital funds, service providers and network suppliers have participated in the round.
Denise Nappier, Connecticut's state treasurer, is considering to make a USD125 million investment in Apollo Global Management's Fund VIII. Fund VIII has already raised more than its USD12 billion target.
Finland-based retail analytics company Walkbase landed a EUR3 million in its Series A funding round. The round was led by SBT Venture Capital in London and Olli-Pekka Kallasvuo, Nokia's former CEO.
Bitcoing exchange BTC China received USD5 million in Series A investment from Lightspeed China Partners and Lightspeed Venture Partners to fund its general operations, but indicated plans to expand its business.
Ontario Teachers' Pension Plan, Canada's largest single-profession pension plan, said it would be buying British Burton's Biscuit Co. for an unspecified amount from the Canadian Imperial Bank of Commerce and affiliates of Apollo Global Management.
Companies in India closed 360 private equity deals in the January-October period of this year. The total value of private equity deals amounted to USD8.9 billion.
German investment firm DEG bought a stake in Kenyan Chase Bank worth USD10 million. Chase said DEG's investment will be used to finance their expansion, including the creation of new outlets.
CDC Group said they would be backing New Delhi-based renewable energy developer Green Infra Ltd with a USD 25 million investment to enhance the latter's production capacity.
