Collective stated that it had raised up to US$50 million from lenders and Cox Communications. Collective, a New York City-based advertising technology firm, announced that it had collected US$50 million in venture capital and debt.
Sectors
Lloyds Banking Group mulls sale of Australian assets
Sources said that Lloyds Banking Group was now considering offloading its lackluster Australian business units to other investors.
Facebook shares rides on strong mobile ads earnings
Facebook shares rose as the company continues to see strong mobile ads earnings. Facebook posted strong stock results Wednesday. The internet giant's shares rose 19%.
Cellular Dynamics International prices IPO
Cellular Dynamics International, Inc. released the pricing details for their 3,846,000 shares public offering.
Prolexic Technologies secures US$30 million in its third round of financing
Prolexic Technologies stated that it had secured US$30 million in its Series C funding round from new investors.
Latest News
Bullhorn announced that it has bought EASY Software Solutions, adding more width to their software programming business.
BrightSources stated that it has raised up to US$15 million in convertible promissory note offerings and equity funds.
The tequila industry expected to record sales due to National Tequila Day, a vital holiday being celebrated today.
Addvocate stated that it has gathered US$2 million in its Series A round of funding with the support of various investors.
Lone Star and other shareholders announced that they have exited Tokyo Star Bank. American private equity fund Lone Star and other shareholders announced that they have exited Tokyo Star Bank.
Graña y Montero revealed that it had raised up to US$413 million in their IPO. Graña y Montero, the biggest construction and engineering firm in Peru, announced that it had raised around US$413 million in its market debut on the New York Stock Exchange.
Google launched the second generation of Nexus 7 which was expected to surpass the success of the original version.
Chromecast, Google's inexpensive answer to Apple TV, was anticipated to boost sales for the tech titan.
Google continued to make a splash in the digital TV world with its US$35-worth Chromecast device. On Wednesday, Google Inc. 's event did not fail the technology observers with its refreshed Nexus 7 line up and a small dongle worth US$35, Chromecast.
