New and old investors came together for the series B financing for Loggly. The most popular cloud based log managemet system, Loggly, had received USD10.
Sectors
Korea sells 10-year dollar bonds amid concerns of US Federal Reserve monetary stimulus easing
South Korea would be offering a sale of ten-year bonds despite concerns of the US Federal Reserve reducing its asset purchases.
UK regulator to prosecute Olympus over Gyrus acquisition accounting fraud
Japanese camera and endoscope maker Olympus Corp. would be prosecuted by UK's Serious Fraud Office for providing "misleading, false or deceptive" information in its Gyrus Group's financial accounts dating fiscal years 2009 and 2010.
Biggest mining companies to spend USD244 billion on expansion plans
According to a Bloomberg report, the biggest mining companies were set to spend USD244 billion on expansions amid Glencore Xstrata Plc's CEO call to end oversupply in mineral markets.
News Corp sells Dow Jones to Fortress Investment
News Corp announced that it had sold Dow Jones Local Media to a unit of Fortress Investment Group without disclosing the terms of the deal.
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Sequoia Capital and Spark Capital both invest in Zazma for USD10 million. In an announcement, short term finance innovator for small businesses Zazma had said it raised USD10 million in financing venture equity from Sequoia and Spark Capital.
Siemens Venture Capital spearheaded the latest series B financing round for Electric Cloud. One of the top firms providing Software Delivery Acceleration solutions recently announced the receipt of USD8 million in investments for its DevOps brand.
Last Tuesday, Hayman Capital's accumulated stake of 5.2% in struggling retailer JC Penney was disclosed in a US Securities and Exchange regulatory filing.
LinkedIn Corp said last Thursday that it would sell additional USD1 billion of its Class A common stock.
In its latest Series B financing round, Quantia was able to raise a total of USD10 million from major and current investors.
According to activist hedge fund Starboard Value, there had been several investors who were willing to pay more for Smithfield Foods than the offered price of China's Shuanghui International Holdings.
After filing bankruptcy protection last year, Kodak said last Tuesday that it had finally exited bankruptcy.
Nokia could boost its royalties as the Finnish phone maker gripped on its valuable patent portfolio.
Today, CouchCommerce announced that it had received a seven figure round in Euros to mobilize its e-commerce websites.
