The Chicago-based media company is set to spit its ventures just months after undergoing financial restructuring.
North America
Longest losing streak for PC shipments recorded
Last quarter extended the losing streak of PC deliveries, making it the longest recorded . Personal-computer deliveries have slipped for a fifth straight quarter, the lengthiest losing streak documented, as customers continue to prefer touch-screen smartphones and tables for getting online.
New startup raises US $6.3 million from venture capitalists
Tivli gets financing from venture capitalists amounting to US $3.6 million. Tivli, which offers on-demand and streaming TV content to college campuses, today said it closed $6.
Boulder Brands Expands Product Lineup with Acquisition of Level Life
Boulder Brand acquires 80% of Level Life in a bid to expand as it continues product expansion. Boulder Brands, Inc. has acquired 80% of the shares of Gluco Brands LCC, which owns Level Life Foods.
Digital company 7signal gets US $250K capital infusion from JumpStart
The digital company gets a boost via a US $250,000 capital infusion. 7signal, maker of the Sapphire wireless LAN performance optimization solution, received a much needed boost after the US $250,000 infusion by the non-profit organization, JumpStart.
Latest News
Western Digital acquired data storage solutions firm VeloBit. Western Digital Content, a digital storage provider, announced today that it bought software storage solutions provider VeloBit.
Boulder Brands secures a US $330 million credit facility that will refinance its existing secured credit facility.
Dyal Capital acquired a passive minority interest in Dyal Capital. Dyal Capital Partners and Waterfall Asset Management said on Wednesday that Dyal Capital decided to buy a passive minority interest in Waterfall Asset Management from M.
Hancock Park Associates and Next Point Capital bought Sheffield Manufacturing, a company focused in the aerospace industry.
Crocus Tech, a semiconductor company, raised US$45 million worth of funds. Semiconductor producer Crocus Technology announced today that it has successfully closed its Series D round of financing with Eur34 million, equivalent to US$45 million.
CIT GAP Funds invested in CirrusWorks with the hope to control networks used by managers easier, faster and more efficient.
Steven Koinis was named as Maine Pointe's new vice president for private equity. In an announcement made by Maine Pointe today, the operations management provider named Steven Koinis as its new Executive Vice President of Private Equity.
Groupize raised US$2 million in its latest Series A fundraiser. Groupize, a travel booking engine provider, announced on Wednesday that it received US$2 million is Series A funding.
Mayfield named Ursheet Parikh as its new partner. Mayfield Fund, an early stage venture capital firm from Menlo Park, California, said on Wednesday that Ursheet Parikh will be its newest partner.
