Alibaba Group Holding agrees on majority stake purchase of ChinaVision Media Group in $804M deal

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.


India-based Quikr secures $90M in round led by Kinnevik

Online and mobile classifieds platform Quikr has raised another $90 million in its most recent funding round, according to a report on The Economic Times citing a source.

Private equity firm Thoma Bravo completes purchase of Global Healthcare Exchange

Private equity firm Thoma Bravo Llc has closed its acquisition of Global Healthcare Exchange or GHX, a company that has transformed the healthcare supply chain through its software solutions.

Seattle-based Rover raises $12M in Series C round

Rover, the pet sitting platform that connects dog owners to verified in-home sitters, secured $12 million for its Series C round led by new investor Menlo Ventures, TechCrunch reported.


Latest News

DataRPM, the startup that leads in the cognitive business intelligence space, has closed $5.1 million for its Series A round led by InterWest Partners and joined in by CIT GAP Funds, a statement about the funding said.
Flypay, a startup based in the UK that develops an app that makes settling restaurant bills faster, has raised £1 million from Entreé Capital, TechCrunch reported.
Ulmon, the travel app developer based in Vienna, has secured its first round of funding said to be less than $5 million from Global Founders Capital, TechCrunch reported.
Spritz Technology Inc, a startup based in Boston, is readying to complete a seed funding round which raised $3.54 million from investors which included Denis O'Brien, TechCrunch reported.
Priceline Group has purchased Israel-based Qlika in a cash deal worth around $3M, according to a Priceline source interviewed by VentureBeat who confirmed the deal.
ProspX has raised $1.9 million of a $2.4 million funding round, VentureBeat reported citing a regulatory filing it submitted to the US Securities and Exchange Commission.
Paycom Software has started the ball rolling in its plans to go public by filing an S-1 form with the US Securities and Exchange Commission, VentureBeat reported.
Arthur Ventures gave a $1 million investment for the seed funding round of Drifty, a startup that provides tools that allows mobile developers to develop apps and websites, TechCrunch reported.
Arsenal Capital Partners, a private equity firm based in New York, has acquired Midland, Texas-based oilfield chemicals provider Kel-Tech Inc for an undisclosed amount, a statement about the funding said.
Bacterin International Holdings Inc has secured $4 million more in funding from OrbiMed and will be issuing 1.5 million shares of common stock to the investment firm as part of the deal, a statement about the funding said.