Xenex Disinfection Services, the company that launched robotic technology for disinfection of hospital rooms, has secured USD11.3 million in funding boost from private sources and venture capital firms.
North America
Opponents of Empire State IPO asks appeals court to declare buyout provision illegal
Investors who had opposed the initial public offering of the Empire State Building asked a Manhattan appeals court to rule a USD 100 per unit buyout provision in the IPO plan illegal.
Automattic, a Wordpress hosting company will finally stand up to bogus DMCA takedowns
Automattic, a Wordpress hosting company would be facing claims via its lawyer Paul Sieminski with regard to fraudulent uses of the Digital Millennium Copyright Act (DMCA).
TapCommerce raises USD 10.5 million to compete in the mobile ad retargeting
Mobile ad retargeting startup TapCommerce's USD 10 million funding was raised via an investing round led by Bain Capital Ventures and RRE Ventures, with a strategic investment from Nielsen Ventures and participation from existing backers.
FERC approves Williams Partners LP's USD300 million pipeline expansion project
Williams Partners LP has secured an approval from the Federal Energy Regulation Commission (FERC) for its USD300 million Transco pipeline expansion, which is part of Transco's USD2.2 billion expansion program.
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A survey done by Worthworm showed the frustrations of angel investors who regretted making investments in 2013. Angel investors also gave their thoughts about overly optimistic financial projections.
Slouchy zip hoodie maker American Giant collected USD3.6 million in a recent USD2.5 million funding round, raising over USD1 million than what the company expected.
A flush of mergers and acquisitions was expected to come in as early as the end of the year, according to a report from financial news magazine Barron's.
Spotify AB has successfully secured about USD 250 million in new financing that values the music-streaming company much higher than USD 4 billion, according to sources. With this in mind, Spotify is now almost shoulder to shoulder with Pandora, which went public in 2011 and is currently valued at USD 5.7 billion.
David Tepper of Appaloosa Management said equity markets are not inflated. Tepper spoke with Bloomberg Television's Stephanie Ruhle at an investors conference in New York.
Texas-based browser security company Quarri raised USD2.35 million in its first funding round today to improve its products, expand internationally, and add more people to its workforce.
Charter Communications was reportedly nearing an agreement with investment banks to borrow money for its bid for Time Warner Cable Inc. Charter has held talks with Bank of America Corp., Barclays Plc and Deutsche Bank AG.
Wevorce has announced that it has received USD1.7 million in new seed funding from investors such as Foundation Capital and Sam Altman. This brings the startup's total funding, which launched out of Y Combinator last March 2013, to USD2 million.
Clothing retailer Vince Holdings showed that fashion is still hot among public investors as it prices its shares one dollar above marketing range in its public debut.
