Aboitiz Group, a conglomerate based in the Philippines, has exited completely from the shipping business by selling the interests it held in joint ventures with Norway-based Jebsen Group.
Investors
Rhenovia Pharma nabs $738K in Series B round
Rhenovia Pharma, biotechnology company that specializes in applying biosimulation in researching and developing new therapies, has secured $738,000 or €540,000 for its second financing round.
California-based six-month old ad tech startup AppScotch helps turn games to ads
AppScotch, an ad tech firm, has decided to pull itself out of stealth mode to give advertisers the opportunity to give their audience a playable, interactive ad, TechCrunch reported.
Beijing-based mobile game portal Joyme.com secures $21.5M in Series B round
Joyme.com, a mobile game portal company based in Beijing, has received $21.5 million in funding in a round led by Fosun Venture Capital Investment and joined by existing investor BlueRun Ventures.
Scottish travel agency Minoan buys back stake from investor
Glasgow, Scotland-based travel agency and property developer Minoan Group PLC bought back a 20% holding in its travel and leisure business for £930,000, which it previously sold to an outside investor for £770,000.
Latest News
Internet giant Yahoo continued its seemingly endless acquisition spree by buying New York, US-based app maker Wander for an undisclosed amount, with the latter's Days photo sharing app to continue operating as a standalone entity.
Mountain View, US-based software vendor Synopsis Inc completed the purchase of Heverlee, Belgium-based design and programming software tool developer Target Compiler Technologies for an undisclosed sum.
Colorado, US-based big data firm Datalogix is acquiring Connecticut-based shopper intelligence company Spire Marketing for an undisclosed amount to expand its footprint into shopper marketing.
Corporate Executive Board or CEB has made its third acquisition in the talent management space by purchasing India-based talent analytics company Talent Neuron for anywhere from $10 million to $15 million, TechCrunch reported.
Russian tech investor Yuri Milner, together with Morgan Stanley chief John Mack, invested an undisclosed amount in Los Angeles, US-based cloud graphics firm Otoy to commercialize its suite cloud-based content creation tools.
Tapiture, a site where users can access millions of their favorite things, received $2.25 million for its seed funding round from various investors, TechCrunch reported.
Shazam, a London-based music and television tagging service, is rumored to be raising a $20 million funding round, a VentureBeat report said citing a Re/code report.
Cyber security firm Cybereason obtained $4.6 million from Charles River Ventures or CRV for its Series A round as it launches its detection platform commercially, TechCrunch reported.
Chicago, US-based venture capital (VC) fund NIN Ventures, a firm being managed online, is taking advantage of the JOBS Act to raise funds publicly from accredited investors.
