Austin, Texas-based legal reserve life insurance firm Citizens Inc, through its subsidiary, added Ridgeland, Mississippi-based firm Magnolia Guaranty Life Insurance Co in a deal valued at $5.23 million.
Investors
Energy Foundry invests seed funds to SiNode
SiNode, a company that is working on prolonging the energy storage capacity of batteries and improving their charging rate, has secured seed funding from Energy Foundry, TechCrunch reported.
French hotel booking app VeryLast Room bags $2.1M in funding
Marseille, France-based last minute hotel booking mobile app VeryLastRoom bagged $2.1 million in a venture round led by APlusFinance and Extend & Sigma Gestion to fuel its expansion in Europe.
US ticketing startup Eventbrite scores $50M in funding ahead of potential IPO
San Francisco, US-based event ticketing startup Eventbrite scored $50 million in a funding round from Tiger Global Management and T. Rowe Price to fuel its international expansion plans ahead of a potential initial public offering (IPO) in 2014.
California social media startup Banjo lands $16M in Series B round
Redwood City, US-based social media startup Banjo landed $16 million in a Series B funding led by Balderton Capital to fund its growth, international expansion, and product development.
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Newport Beach, US-based micro investing app Acorns raised $5.5 million in a Series B funding round led by Jacobs Asset Management to let people invest in index funds using their spare change.
Montreal, Canada-based pension fund manager Caisse de dépôt et placement du Québec (La Caisse) invested $40 million to support the growth of Quebec-based professional services firm WSP Global, formerly Genivar, despite damaging issues about the company.
Alibaba is almost certain that it will not be undertaking its initial public offering in Hong Kong but in New York, according to sources interviewed by the Financial Times.
Trulioo has obtained $6 million for its Series A round led by Trulioo has obtained $6 million in its Series A funding round, TechCrunch reported. Tenfore Holdings led the round for the identity verification startup.
Unified digital platform Omniata secured $5.2 million for its Series A round led by Nordic venture capital firm Creandum and participated in by seed investor Sigma West, a statement about the funding said.
Google Capital led the latest funding round for Credit Karma which secured $85 million. The financing was also participated in Tiger Global Management and its existing backers, TechCrunch reported.
UK-based money transfer startup Azimo has obtained $10 million for its Series funding round led by Greycroft Partners and joined in by other investors, TechCrunch reported.
ComputeNext, a cloud brokerage services provider, has secured $4 million of a planned $10 million fundraising round, VentureBeat reported citing a Securities and Exchange Commission filing.
Alibaba Group Holding will be buying a majority stake in ChinaVision Media Group Ltd in an $804 million deal, allowing it to access TV and movie content, Reuters reported.
