Procter & Gamble Co will be rolling out the world's first smart toothbrush, a brush that is connected to a smartphone app that will provide users with real-time advice on how to improve their brushing habits, Reuters reported.
Sectors
Toronto-based startup Hubub secures $8.5M in Series A round
Hubub, a startup based in Toronto and New York, obtained $8.5 million in its Series A round participated in by a number of private investors for their platform that enables users to participate in thematic discussions, TechCrunch reported.
California-based stealthy security firm Apprity scores $8M in first venture round
Santa Clara, US-based stealthy business security firm Apprity scored $8 million in its first venture round from security tech investors Promod Haque and Gaurav Garg to expand its engineering and research and development teams.
California health software firm picks up $50M in funding
San Luis Obispo, US-based health and wellness software firm Mindbody picked up $50 million in a funding round led by W Capital Partners to boost its web and mobile offerings for health clubs and yoga studios.
UK's SEH Group obtains £9.4M funding package from Lloyds
Suffolk, UK-based construction supplier SEH Group obtained £9.4million in funding from Lloyds Commercial Banking under the government's Funding for Lending Scheme (FLS) to support its growth and expansion.
Latest News
North Carolina, US-based lower middle market capital provider Triangle Capital Corporation invested $14.8 million in Des Plaines, Illinois-based environmental protection and hazardous waste handling firm Justrite Manufacturing Company LLC.
CloudLock, a cloud security startup that has already raised $28.2 million so far, will be launching CloudLock Selective Encryption at the 2014 RSA Conference in San Francisco next week, TechCrunch reported.
Berwyn, Pennsylvania-based wireless location solutions provider TruePosition Inc bought Boston, Massachusetts-based hybrid wireless positioning technology provider Skyhook for an undisclosed amount to boost its product portfolio.
Because of its worsening economic climate, private equity and venture capital investors have reduced fundraising for Brazil by more than 70% in the past two years, the Financial Times reported.
Los Angeles, US-based industrial real estate firm Rexford Industrial Realty Inc purchased the Ontario Airport Business Park in a deal valued at around $8.55 million through a 1031 Exchange.
KKT Interactive owner and Snap-pay.com co-founder Jim Rudnick has introduced a crowdfunding site which intends to help entrepreneurs in Hamilton, Ontario, The Hamilton Spectator reported.
Sharjah, United Arab Emirates-based natural gas firm Dana Gas inked a deal to acquire the North El Arish (Block 6) Concession Area located in Egypt as an addition to its growth portfolio.
IBM said it can use big data to forecast when mining equipment will fail, an innovation that can potentially save companies billions of dollars annually, VentureBeat reported.
Texas, US-based private equity firm Rock Hill Capital Group invested an undisclosed amount in Oklahoma City-based firm Park Energy Services LLC to support its vision of growth and expansion.
