The leather goods specialist Allen Edmonds Corp is purchased by an affiliate of Brentwood Associates.
Funding
Analyze Re gathers USD 1.4 million from investors
Reinsurance company Analyze Re received USD 1.4 million from venture capital companies for financing round.
Seriously scores USD 2.35 million in seed funds
Former Rovio executives gathered USD 2.35 million in seed funds for gaming startup Seriously. Gaming startup Seriously raised USD 2. 35 million in its seed round.
China's Tencent buys into Snapchat
China's Internet giant Tencent Holdings Ltd. made a move to shower Silicon Valley's app maker Snapchat with a USD200 million investment.
Coho Data raises USD 25 million in Series B round
Ignition Partners led the Series B round for Coho Data which raised USD 25 million. Canada-based Coho Data was able to secure USD 25 million in its Series B round.
Latest News
Midatech's unique biocompatible gold-nanoparticles raised GBP10 million from investors. One of the global leaders in nanomedicine design, synthesis and manufacturing, Midatech Ltd, announced the completion of the issuance of its new equity.
Etisalat and Vivendi formalize agreement as to the sale of Maroc shareholdings from Vivendi to Etisalat.
The fifth global business unit for Ford serving the Middle East and African regions would be headquartered at Dubai, in the UAE.
Remote diagnostics company AetherPal secured USD6 million in Series A funding for the development of its pre-loaded software for smartphones.
Solar energy startup Terrajoule secured a USD11.5 million funding from Air Liquide and other investors.
Celebrity Justin Bieber invested USD1.1 million as seed round for a new social media network for teens.
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.
Spire Capital would be selling Just Marketing International to Chime Communications in deal worth USD 76 million.
After seven months since its launch, Sold announced it had been purchased by Dropbox for USD1.2 million.
