Apple Inc has been dumped by many investment fund management firms. Apple Inc, once the apple of the eye of many hedge funds has recently been dropped by some named hedge fund managers in the first quarter of 2013.
North America
Sources: Bain Top Fund but Sale For Yankee Candle falls through
Bain Capital tops race for Yankee Candle but sale falls through. According to a report from Reuters, three people with knowledge of the matter disclosed that Bain Capital, LLC may appear to be the last survivor in the race for Yankee Candle Co, Inc.
Pamplona Capital Management Puts-up CSC ServiceWorks
CSC ServiceWorks created by Pamplona Capital Management. The multi-family supplier for laundry requirements, Coinmach Service Corp and North America-based source of paid air services for car tire inflation, AIR-serv Group were acquired by Pamplona Capital Management at the price of US$1.
US$4.4M for StepLeader
StepLeader raises US$4.4 million in the recently concluded capital infusion round. Based in Raleigh, North Carolina, the leading developer of mobile application for local media, StepLeader Inc, announced that it was able to raise US$4.
VERSUS IO Concludes Series A
Versus IO concludes Series A financing round for a total of US$1 million. The world's most stylish product comparison program, VERSUS IO, disclosed today that it has concluded its Series A growth financial round which was headed by Earlybird Venture Capital.
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Apptio, the startup firm that helps companies navigate cloud computing, has increased in value as well as investments into its business model.
Enlightenment Capital invests in Opera Solutions for an undisclosed amount. The Washington, DC -based defense, aerospace and government-focused investment firm, Enlightenment Capital, has invested in the world renowned in machine learning science application and superior Big Data predictive analytics that impels greater profit, Opera Solutions, LLC.
Atlantis Computing secures US$20 million in series D capital financing. Last 15th of May, 2013, Atlantis Computing announced the conclusion of its Series D financial infusion round securing US$20 million.
Tokai Pharma receives US$35.5 series E capital financing round. Tokai Pharmaceuticals, Inc announced today that it was able to secure US$35. 5 million in a round of Series E growth financing in order to persuade investors to support Tokai's lead prostate cancer pharmaceutical product currently in medical development.
Zoove Corp secures another US$15 million from current investor pool. Zoove Corporation disclosed in an announcement that it was able to get a calculated investment of US$15 million from its current Series D investors Panorama Capital and Rogers Venture Partners.
View Systems gets approval from known security expert Dr. Leo A. Guthart. View Systems, Inc. announced today that Dr. Leo A. Guthart has directly invested into View Systems.
OpenCoin receives funding and support from IDG Capital Partners and Google Ventures. OpenCoin disclosed that it concluded another circle of angel funding from renowned investors IDG Capital Partners and Google Ventures.
Acacia raises US$20 million from its financing round. In an announcement today from Acacia Communications, it disclosed that it concluded its financing round with US$20 million additional finances.
The latest Actavis bid for Mylan has been rejected. In its latest move, Actavis had rejected the takover bid from Mylan last week. The bid was priced at US$15 billion, according to Reuters quoting an anonymous source familiar with the decision.
