UpTo revealed that they have gathered US$2 million from venture capitalists. UpTo, a Detroit-based social media startup, announced that they have closed its Series A round of venture capital funding.
Investors
Analysts: Royal baby's birth “overwhelmingly positive” for the UK economy
The royal baby's birth will have an “overwhelmingly positive” effect to the UK economy, said analysts.
CNS to secure TWD40 billion loan before its IPO
CNS announced that it is applying for a debt financing program ahead of its IPO in Singapore. China Network Systems Co. revealed that the cable TV operator is pushing through with a debt financing plan worth around TWD40 billion.
NetDragon buys back shares
NetDragon Inc said that they were able to buy back 794,500 shares priced at HK$17.79 per share. NetDragon Websoft Inc. announced that they have bought back a total of 794,500 shares priced at an average of HK$17.
JenaValve gathers US$62.5 million in venture capital
JenaValve Technology Inc. stated that it had gathered US$62.5 million in venture capital. JenaValve Technology, Inc. announced that it has collected US$62.
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Apple Inc continued to test larger screens for its smartphones and tablets to fit into the extensive trend among mobile manufacturers.
Black Iron stated that it had entered into agreements with Metinvest that will see its Ukranian venture projects develop with more efficiency.
Adobe announced the completion of the acquisition process for Neolane. Adobe Systems Incorporated announced the completion of its acquisition of Neolane.
Vini Cosmetics chairman, Darshan Patel, confirmed that his company is in advanced talks with Sequoia Capital in a bid to secure INR100 crore for expansion.
Huron Capital Partners announced that it had raised up to US$500 million for new investments in high-potential growth companies.
Spear Point said that that they are interested in making a deal for the TheStreet. Spear Point, a private equity firm, said that they want TheStreet to externally hire a financial adviser to weigh the number of options in the company.
Shoes of Prey stated that they want to put up US$20 million in funding to help them expand. Shoes of Prey announced that they are looking to raise up to US$20 million in funding.
RealMatch stated that it has received US$7 million in its Series C venture capital financing. RealMatch announced that it had raised US$7 million in its latest venture capital financing.
A PricewaterhouseCoopers report revealed that venture capitalists invested more than US$132 million into Ohio in the second quarter of 2013.
