A total of USD40 million in capital investments was raised in cloud software startup Accela's fourth investment funding round.
North America
New Dell board down to three seats
With Michael Dell owning 75% of his company, the new board would consist of himself and two other appointees from Silver Lake Management.
SAC Capital nears settlement of insider trading case
The seven year battle between federal prosecutors and Stephen A. Cohen's SAC Capital Advisors nearing a compromise agreement.
Small businesses bear brunt of partial government shutdown
Eateries, tourist services, even larger firms fear for the numbers as a result of the government shutdown that lead to tepid business activity in the country.
Microsoft releases Windows 8 update globally
The Windows 8.1 update would seek to address issues that had been found in the original Windows 8 operating system.
Latest News
Zynga co-founder Justin Waldron announced his departure via a Facebook post. Zynga co-founder Justin Waldron recently announced that he would be leaving the gaming giant after six and a half years.
Stitch Fix founder and CEO Katrina Lake told Techcrunch in an interview that the additional USD12 million funding would go towards keeping up the organic growth of the online shopping startup.
Anaqua scored USD 25 million from Bessemer Venture Partners. Private equity firm Bessemer Venture Partners (BVP) backed technology firm Anaqua with a USD 25 million investment.
NXT Capital invested in MyBuys through a USD 4.5 million subordinated venture loan. The Venture Finance Group of NXT Capital gave a USD subordinated venture loan to support MyBuys.
TextPower raised capital commitments amounting to USD 525,000 in its Series A round. TextPower Inc completed its Series A financing round with USD 525,000 in investments.
A Blackstone Group-led consortium would privatize Pactera Technology. A buyout group led by private equity firm Blackstone Group would be taking China-based Pactera Technology International Ltd private.
Private equity firms Carlyle Group and AlpInvestment Partners assumed the management of two fund of funds in Indiana.
Marketing intelligence company Mintigo raised USD10 million in its recent funding to further growth in social data marketing and company sales.
One Group LLC, owner of the STK steakhouse chain, would be merging with Committed Capital Acquisition Corp, said a Wall Street Journal report.
