CIT Corporate Finance provided a senior secured credit facility worth USD 35 million to wireless communications towers operator Central States Tower II.
Investors
Centro purchases SiteScout Inc
Software provider Centro has bought self-serve platform for banners ads SiteScout Inc. Chicago-based Centro acquired Canadian company SiteScout Inc for an undisclosed amount.
SolarWorld looks to buy Bosch's solar plant
Germany's SolarWorld engaged in talks to buy car parts supplier Bosch's solar plant in Arnstadt.
Signal Hill Equity Partners invests in OEL Projects Limited
Signal Hill Equity Partners closed its investment in Calgary, Alberta-based oil and gas engineering company OEL Projects Limited.
Penn West looks to sell up to USD2 billion in assets
Canadian oil producer Penn West Petroleum announced that it will be selling up to USD2 billion of its assets to reduce debt levels.
Latest News
Pinterest analytics platform Tailwind scored USD 1 million in seed funds in a round led by i2e. Tailwind announced that it was able to obtain USD 1 million in seed financing.
Startup what3words raised USD 500,000 from angel investors to develop their location pinpointing platform.
Software-as-a-Service platform Granify obtained seed funds worth USD 1.5 million from venture capitalists and angel investors.
Icon Venture Partners I was an oversubscribed investment fund for the purpose of investments in companies in key enterprise technology sectors.
Bain Capital Ventures, Battery Ventures and Summit Partners contribute a total of USD30 million in the latest funding round of Gainsight.
METRIX Capital Group closed its latest funding round at USD5 million in pledged amounts for its alternative loan program.
Zemanta's content discovery and audience development tools have raised funding from Union Square Ventures and Social Starts in the amount of USD2 million.
A panel from the telecom ministry recommended cutting down the price for wireless spectrum in India.
Issues over tax payments and retrenchment of workers caused Konkola Copper Mines to seek court intervention.
