Investment firms Cedar Fund and Innovation Endeavors invested in marketing technology specialist Datorama.
Investors
Billionaire George Soros invests in Herbalife
Investor George Soros took a large long position in Herbalife stock. George Soros, a billionaire investor, purchased a majority stake in nutritional supplement company Herbalife Ltd stated a source with knowledge on the matter on Wednesday.
Asia's King & Wood set to merge with London firm Berwin
Asian law firm King & Wood Mallesons agreed to merge with London-based SJ Berwin. King & Wood Mallesons, one of the largest law firms in Asia, agreed to merge with SJ Berwin effective November 1.
Energizer set to acquire Johnson & Johnson feminine care brands
Energizer Holdings planned to acquire Johnson & Johnson's feminine care line for US$185 million.
Earlybird Venture Capital closes US$200 million in funding
New and existing investors brought up Earlybird's total capital to EUR 650 million. Berlin-based Earlybird Venture Capital posted the EUR 150 million (US$200 million) final closing of the company's fourth early stage fund earlier today.
Latest News
Venture capital fund Ascension Health Ventures backs healthcare technology innovator Quantros. Healthcare technology provider Quantros announced earlier today that it has received an investment from Ascension Health Ventures (AHV).
Test prep industry leader Kaplan acquires Grockit's learning platform and assets. International test prep service provider Kaplan announced earlier that it has purchased the social learning platform and test prep assets of Grockit for an undisclosed amount.
The Abraaj Group exits its HFC Bank investment after signing an agreement with Republic Bank Limited.
synlab acquires Medicap Holdings from Baltcap but financial details of the transaction were not revealed.
Hansen Medical secured US $98 million funding from both new and old investors. The proceeds will be used for product development.
Dropcam gets additional US $30 million funding, raising its total capital to US $47.8 million Dropcam announced on Wednesday that it managed to raise US $30 million in third round funding, led by investor Institutional Venture Partners.
Alleghany Corp augmented its investment in Ares Management by putting in an additional US $250 million equity.
Wild Craze secured a US $2 million loan from TCA Global, which it intends to use for expansion. Wild Craze Inc. gets a business boost after TCA Global Credit Master Fund agreed to extend a US $2 million senior secured loan to the company, with an initial draw down of US $300,000.
John's Incredible Pizza gets US $17.4 million investment from Praesidian Capital. John's Incredible Pizza secured US $17. 4 million, representing first lien debt, from Praesidian Capital, one of the market leaders in debt capital options for small & medium businesses and mid-sized organizations.
