Berwyn, Pennsylvania-based wireless location solutions provider TruePosition Inc bought Boston, Massachusetts-based hybrid wireless positioning technology provider Skyhook for an undisclosed amount to boost its product portfolio.
Investors
California-based stealthy security firm Apprity scores $8M in first venture round
Santa Clara, US-based stealthy business security firm Apprity scored $8 million in its first venture round from security tech investors Promod Haque and Gaurav Garg to expand its engineering and research and development teams.
California health software firm picks up $50M in funding
San Luis Obispo, US-based health and wellness software firm Mindbody picked up $50 million in a funding round led by W Capital Partners to boost its web and mobile offerings for health clubs and yoga studios.
UK's SEH Group obtains £9.4M funding package from Lloyds
Suffolk, UK-based construction supplier SEH Group obtained £9.4million in funding from Lloyds Commercial Banking under the government's Funding for Lending Scheme (FLS) to support its growth and expansion.
Google Ventures led $4M Series A funding round for cybersecurity startup ThreatStream
Cybersecurity startup ThreatStream has secured $4 million in a Series A funding round led by Google Ventures and participated in by Paladin Capital Group, Cloudera's Tom Reilley and Hugh Nijemanze of ArcSight, TechCrunch reported.
Latest News
Because of its worsening economic climate, private equity and venture capital investors have reduced fundraising for Brazil by more than 70% in the past two years, the Financial Times reported.
Los Angeles, US-based industrial real estate firm Rexford Industrial Realty Inc purchased the Ontario Airport Business Park in a deal valued at around $8.55 million through a 1031 Exchange.
Sharjah, United Arab Emirates-based natural gas firm Dana Gas inked a deal to acquire the North El Arish (Block 6) Concession Area located in Egypt as an addition to its growth portfolio.
Texas, US-based private equity firm Rock Hill Capital Group invested an undisclosed amount in Oklahoma City-based firm Park Energy Services LLC to support its vision of growth and expansion.
Tencent Holdings Ltd and JD.com Inc are in talks to join forces and consolidate their e-commerce operations, according to two people familiar with the matter interviewed by Bloomberg.
Singapore-based data analytics firm Crayon Data secured INR7.3 crore in a venture round from Jungle Ventures and Spring Seeds Capital for its expansion into the US, UK, Middle East, and China.
San Francisco, US-based startup software developer Strevus bagged $6.5 million in its first institutional funding led by Blumberg Capital and US Venture Partners for compliance solutions for financial services firms.
PhiSix Fashion Labs, a computer graphics firm in the Bay Area, has been purchased by e-commerce giant eBay to allow online customers to fit clothes virtually before buying them, VentureBeat reported.
Backed with a $20,000 convertible note from Atlanta Capital, Yik Yak is an anonymous messaging app that allows college students to share their gripes to other users within a five-mile radius, TechCrunch reported.
