Sequoia Capital entered the home security and automation arena by making a minority investment in Boston, US-based company SimpliSafe to take advantage of the lucrative situation of the present do-it-yourself home security market.
Sectors
Russian calorie measuring device from HealBe smiles at over 1 mln from Indiegogo.com
St. Petersburg-based HealBe engages crowdfunding goers at Indiegogo.com for GoBe earning $1,084,311 Tuesday, with the original goal set at $100,000.
Pure Storage to expand globally with new $225 mln series D bomb
California-based Pure Storage, specialized in speedy flash-storage boxes for data centers, gobbles up $225 million in their series D round from Investors.
Chip designer ARM sees smartphone recovery in second half
ARM Holdings, whose chip technology powers Apple's iPhone, said demand for smartphones would pick up in the second half after a disappointing end to 2013 resulted in first-quarter profit rising less than in previous years.
China's Huawei to spend $300 million on global marketing in 2014
Huawei Technologies Co Ltd, the world's third-biggest smartphone manufacturer, plans to spend $300 million on global marketing in 2014, a senior executive said on Wednesday.
Latest News
Detroit, US-based charity fundraising platform CrowdRise bagged $23 million in a funding round with Union Square Ventures as the lead investor to back its growth campaigns and platform expansion initiatives.
Michigan, US-based biopharmaceutical firm ProNAi Therapeutics landed $60 million in its Series D funding round led by Vivo Capital to advance its cancer treatment drugs to the second phase of clinical trials.
Atlanta, US-based security software provider Damballa pocketed $13 million in venture funding from its existing investors to beef up its sales force and support its growth campaign in North America.
Russia's top oil producer has been planning to sell more than 2 million metric ton of crude oil to state-controlled BP in a deal valued more than $1.15 billion and was approved by the company's board.
A lawsuit was filed against Twitter by two firms claiming that the microblogging platform has committed a pre-IPO fraud to justify the company's $10 billion valuation was dismissed by a US District Judge in New York.
First Foundation Inc, a financial services company offering clients in multiple locations in the US, has filed for an intended initial public offering of common stock with the US Securities and Exchange Commission.
The deal between Pfizer and AstraZeneca to acquire its London based business were halted with no plans to resume said sources who spoke in condition of anonymity as the matter was held private in nature.
Tom Preston-Werner, the co-founder and president of San Francisco, US-based social coding network, stepped down from his position after former employee Julie Horvath claimed she experienced gender-based harassment and retaliation in the company.
Bellevue, US-based Internet business operator Blucora acquired Atlanta, Georgia-based explainer site HowStuffWorks in a deal valued at $45 million in cash from Discovery Communications, which had bought the site in 2007 for $250 million.
