UK-based content marketplace ScreenHits pockets $1.2M in angel funding

London, UK-based content marketplace ScreenHits pocketed $1.2 million in an angel round from Rory Fleming, Lord Reay, Flemming Lund, and other high net worth individuals to build its product and audience.


Canoe 2014 Flow-Through LP Raises $51.4 Million

Canoe Financial LP (the "Manager" or "Canoe") announced today that it has completed the second and final closing for the initial public offering (the "Offering") of limited partnership units ("Units") of Canoe 2014 Flow-Through LP (the "Partnership") in each of the provinces of Canada, except Quebec.

Dropbox to shutdown German reading app Readmill after $8M acqui-hire deal

Berlin, Germany-based social reading app Readmill confirmed that San Francisco, US-based cloud storage giant Dropbox acqui-hired it for $8 million in combined stock and cash, with plans to shut it down later.

Capital Teas Inc secures $5M in Series A funding round

Specialty teas maker Capital Teas secured $5 million for its Series A funding round from Pear Tree Partners, a statement about the funding said.


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Glendale, US-based real-money gambling platform Gamblit Gaming took home $12 million in a venture round from private equity firm American Capital to fuel its platform development and future launches.
Mumbai, India-based big data analytics startup Germin8 pocketed $3 million in its first funding round from Kalaari Capital to expand internationally and fuel sales, marketing, branding, and product development activities.
US-based private equity firm Vista Equity Partners has bought talent management-focused software-as-a-service provider PeopleAdmin Inc for an undisclosed amount, a statement about the acquisition said.
Canaan Partners led the $9 million Series A financing round for real estate-focused crowdfunding site Realty Mogul which pools together investors' money to allow them to invest in properties, a statement about the investment said.
Toulouse, France-based Internet of things (IoT) cellular network operator SIGFOX landed €15 million in its Series B funding round led by IDInvest and BPIFrance to accelerate the international deployment of its network.
JWT, a New York, US-based operating company of advertising giant WPP, entered an agreement to pick up a majority stake in Mumbai, India-based social media agency Social Wavelenth for an undisclosed amount to expand its market reach.
Blackstone's energy-focused private equity business has collaborated with veterans of the water industry to create Global Water Development Partners, a water investment and development platform.
Mars One, the foundation whose mission is to create a human settlement on Mars, has rolled out its new project to construct a simulation outpost on Earth, VentureBeat reported.
TrueVault, a healthcare app data security startup which launched recently from the latest Y Combinator class, was able to obtain $2.5 million for its seed financing round, TechCrunch reported.
Uttar Pradesh, India-based Internet network Times Internet backed Noida-based mobile education startup GradeStack with an undisclosed amount to turn mobile education into a social experience.