New York, US-based education solutions provider McGraw-Hill Education purchased Los Angeles, California-based online curriculum tool developer Engrade for an undisclosed amount to meet the increasing demand for digital educational content.
Sectors
African mineral exploration poised to drop amid lack of funding sources
African mineral exploration activity is poised to drop by 15% to 20% in 2014 as sources of funding have dried up due to difficult economic problems, according to David Cox, senior sales executive of SNL Metals Economic Group.
40 Israeli firms to be put on auction block for foreign investors
According to a government official, foreign funds are circling the Israeli companies that are going to be put up for sale by the state in a bid to increase competition, Bloomberg reported.
New York social intelligence startup 4C snags $5M in venture capital
New York, US-based social intelligence startup 4C snagged $4 million in funding from venture capital firm Jump Capital for its expansion, and sales and product development.
Academic says private equity fees not properly characterized for tax purposes
University of North Carolina Professor Gregg D. Polsky wrote in the February 3 edition of Tax Notes that payments given by companies to their private equity owners are not characterized properly for tax purposes, The New York Times The Dealbook reported.
Latest News
If you've always wanted to own a franchise of Forever Yogurt but can't afford to, CrowdFranchise.com allows prospective investors to become an owner for as low as $1,000.
Hollywood, US-based digital media firm SpinMedia Group acquired SpinMedia LLC for an undisclosed amount, and poured in $10 million in funding to deal with the company's debts.
Atomic Reach, a platform that enables its clients to reach their target audience by measuring the quality and readability of content, has raised $4 million in funding so far, TechVibes reported.
Samsung Electronics will be rolling out the newest version of its Galaxy S smartphone on February 24 at Mobile World Congress in Barcelona, Reuters reported.
USA Hockey uses Intelligym, a game-like program that helps improve mental performance and team work, to train the U17 and U18 teams for the 2014 Sochi Winter Olympics.
Barter platform TradeYa Inc was able to raise $1.1 million for its seed round. The company's mobile app allows users to trade goods and services online.
San Francisco, US-based cloud storage service Dropbox inked a 12-year lease on a huge second office at 333 Brannan, just near its Berry St headquarters, to house the spillover of its 500-person workforce.
Austin, Texas-based incubator Capital Factory struck a partnership with venture firms Silverton Partners and Floodgate to support tech startups in Austin and trigger and investing "snowball effect."
Democrats of both the House and Senate have filed The Open Internet Preservation Act today in a bid to bring back net neutrality, TechCrunch reported.
