Intel shells out $100M for innovation center in China

Santa Clara, US-based semiconductor chip maker Intel Corp shelled out $100 million to establish an innovation center in China to accelerate the innovation of smart equipment in the Asian country.


SpringCM announced raising USD18 million

SpringCM announced raising USD18 million led by Goff Capital, Foundation Capital and Square 1 Bank. The announcement was made today adding that the funding round would be used to expand company operations in sales and marketing division.

Lending Club gets new investment, acquires Springstone Financial

Lending Club gets new funds valued USD65 million and acquires Springstone Financial for USD140 million, from investors including Wellington Management Company, BlackRock, T. Rowe Price Associates Inc. and Sands Capital

Australian firm Nexvet scores $31.5M to expand clinical program for pets' health

Melbourne, Australia-based animal therapeutics developer Nexvet Biopharma scored $31.5 million in a funding round from investors and shareholders to expand its product portfolio and clinical program for pets' health.


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Santa Rosa, US-based healthcare informatics firm AdverseEvents secured $2 million in its Series A funding round led by London, UK-based life science research firm Evaluate Ltd to accelerate its growth.
Austin, US-based startup M87 closed $3 million in its Series A funding round led by Qualcomm Ventures, 21Vianet, and other angel investors to fund its 4G-bandwidth sharing project for mobile networks.
Richardson, US-based secure cloud hosting firm FireHost received $25 million in its latest funding round led by Little Rock, Arkansas-based investment firm Stephens Group to fuel its growth and marketing campaigns.
One Medical Group has received a USD40 million investment led by Redmile Group, led by Redmile Group and other previous investors of the company
OwnZones Media Network has raised USD5.9 million new funding without disclosing names of its investors, to generate income instead of packing up the entire content of a site with advertisements
Mountain View, US-based Internet of Things (IoT) cloud Jasper landed a $50-million investment in a funding round led by Temasek to bring its IoT technology to Coca-Cola's new initiatives.
Milan, Italy-based mobile app development platform AppsBuilder bagged $1.5 million in a funding round from United Ventures to consolidate its businesses in the UK and the US.
San Francisco, US-based social media conversation startup Talkwheel raised $1.2 million in funding from several angel investors to aggregate the conversations on the web in a visual map so businesses can monitor trending topics.
The International Finance Corp (IFC) is shelling out $25.8 million for the construction of a new wind farm in Sindh province of Pakistan to fill in the increasing energy deficit in the region.
Pune, India-based tablet and phablet manufacturer Swipe Telecom nabbed a $4.9-million (INR30 crore) investment from Kalaari Capital to widen its market reach across the country.
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