San Francisco-based startup OnBeep has announced a new Series A round of $6.25 million in new funding to build what it calls “beautiful wearable communication devices that unite groups and allow teams to collaborate more fluidly in real time”.
Investors
Ackman, other shareholders ask Allergan to call special meeting
Investors owning 31 percent of shares of Allergan Inc have asked the company to call a special shareholder meeting, activist shareholder William Ackman said on Friday, giving the hedge fund manager a victory in his fight to acquire the Botox maker.
Dynegy cuts exposure to wholesale power with deals worth $6.25 billion
Power company Dynegy Inc (DYN.N) said on Friday that it would buy coal and gas power plants for $6.25 billion to increase its presence in two less regulated eastern U.S. markets, sending its shares up as much as 22.5 percent.
Foresight wins Goldman big role in China's preferred shares deals
As Chinese banks prepare to raise $55 billion in the country's first preferred share offers, foreign investment banks with experience in structuring such deals are ready to pounce on a potential $275 million in underwriting fees.
U.S. venture firm Kleiner Perkins suffers security breach
California detectives are investigating a July computer theft at storied venture capital-firm Kleiner Perkins Caufield & Byers, a spokeswoman for the Menlo Park police said on Thursday. The theft may put Kleiner in jeopardy of losing valuable financial data and making the firm the latest in a long list of businesses that have lost sensitive information to thieves. In this case, the information was taken by physical, not electronic, means.
Latest News
Citigroup Inc (C.N) is preparing to sell its Japanese retail banking operations, a source with direct knowledge of the matter said on Wednesday, as it waves the white flag on a venture plagued by regulatory troubles and anemic lending.
E-commerce platform provider WebLinc announced on Tuesday that it raised $6 million in a Series A financing round from Safeguard Scientifics, Inc. The funding would reportedly go towards plans for the company's aggressive growth.
The deal would have OpenRent launch a national television advertising campaign and other media channels through the Northern & Shell Media Group in its bid to significantly increase the number of new landlords who have been utilizing its platform.
Sensors and electrical controls maker Sensata Technologies Holding NV said it would buy Schrader International to meet growing demand for sensors to monitor car-tire pressure.
Venture Capital firm Andreessen Horowitz is investing $50 million in BuzzFeed, the social news and entertainment website known for producing advertising-sponsored "listicles" that go viral.
Toronto-based startup Figure 1 raised CA$ 4 million in Series A from its investors including Rho Canada Ventures, Union Square Ventures, and Version One Ventures.
Tydy managed to raise $138,000 in angel funding from the online platform, LetsVenture. Participating in the round are investors, Hareesh Ramana, Nikhil Ramanlal, Bhupen Shah from Silicon Valley and others.
InVision announced it received $21 million in Series B funding with existing investor Tiger Global Funding leading the round, joined by FirstMark Capital and other existing investors.
Israel-based VidMind has just received $30 million in financing from Trellas, one of Russia's largest independent retail groups, which has already invested over $30 million in Vidmind.
