C&A adds bankrupt Chicago photo chain Calumet in $4M deal

Ridgefield Park, New Jersey-based camera and photography equipment manufacturer C&A Marketing Inc added the already-bankrupt Chicago, Illinois-based photo chain Calumet Photographic Inc for $4 million to rebuild the shuttered business.


Colorado-based robotic toy maker Orbotix raises $15.5M in Series D funding

Boulder, US-based robotic toy maker Orbotix raised $15.5 million in its Series D funding round led by Shea Ventures to create new categories of connected toys and to expand globally.

Kamcord raises $7.1 million led by TransLink Capital and other investors

Kamcord has raised $7.1 million led by TransLink Capital and other investors with the latter to also help in the entry of the company in key Asian markets including Japan, Korea and China.

Odyssey Airlines to raise $8.4 million through crowdfunding

Odyssey Airlines has decided to source investment through a crowdfunding that would allow the company to raise $8.4 million equity capital in preparation for a launch in 2016 and its operational costs.


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Cambridge, Massachusetts-based e-book deals service BookBub scored $3.8 million in its first funding round led by NextView Ventures and Founder Collective to expand its workforce and services and tap into international markets.
Fremont, US-based intellectual property (IP) management firm Lecorpio bagged $10 million in an unneeded funding round with Los Angeles-based investor M2O to guarantee the safe exchange of ideas and information for its enterprise clients.
Washington, US-based software giant Microsoft acquired Wellington, New Zealand-based cloud computing firm GreenButton for an undisclosed amount to incorporate it into the Azure public cloud platform to give companies remote access to software.
New York, US-based physical storage provider MakeSpace landed $8 million in funding from Upfront Ventures, OATV, Founders Fund, and other investors, to model its service after Uber and Dropbox and expand its workforce.
New York, US-based open-source video platform Kaltura bought Tel Aviv, Israel-based pay TV service startup Tvinci for an undisclosed amount to gain flexibility in the video business and grow its revenue.
JX Nippon Oil & Energy Corporation has opened an office in Johannesburg, South Africa that could indicate possible company expansion as the former looks to collaborate with exploration and retail firms.
Tesla Motors quietly secured permits to modify a former Chrysler facility in California and is hiring 32 workers for the said facility, according to a Bloomberg report published last week.
New York, US-based mobile gameplay-recording startup Kamcord raised $7.1 million in a Series A funding round led by TransLink Capital to conquer the giant gaming markets of Japan, China, and South Korea.
New York City, US-based online legal staffing startup Hire an Esquire closed $350,000 in its seed funding round from investors 37 Angels, 645 Ventures, and Ulu Ventures to expand its client base.
New York, US-based web performance monitoring firm Catchpoint Systems will be foraying into China and Russia, based on the pathway provided by their clients, indicating that Asia Pacific and Russia are the emerging markets in the industry.