RallyPoint was able to get USD 5 million in capital commitments from DBL Investors for its Series A round.
Sectors
HSBC shares rises on its sixth week at Hong Kong stock trading
HSBC experienced another rise in shares at the Hong Kong stock trading. Europe's largest bank in terms of market value, HSBC Holdings PLC (HSBA), stocks rose on its sixth week in the Hong Kong stock trading.
Bambeco Inc raises USD 4.5 million in equity funding
Environment-friendly home furnishing company Bambeco Inc gathered USD 4.5 million in its first institutional fundraising round.
Twitter raises IPO price range after strong demands
Following the strong demand, Twitter raised its IPO price from USD23 to USD25. The social networking site has felt more optimistic than ever about its IPO for potential investor's reports The New York Time's the Deal Book.
GE embraces crowdfunding with OurCrowd partnership
GE Ventures entered the crowdfunding arena by partnering with the OurCrowd platform. GE Ventures embraced crowdfunding today by partnering with OurCrowd, an Israeli crowdfunding platform.
Latest News
Smartphone pioneer BlackBerry dropped its plans for a buyer search and fired its CEO Thornsted Heins.
A poll taken by AP-CNBC showed that almost half of active investors think that Twitter is a bad buy.
MediaSpike raised USD5.2 million from investors for the placement of ads in mobile and social games.
AT&T would be carrying the Samsung Galaxy S4 Zoom starting on November 8. Beginning on November 8, the Samsung Galaxy S4 Zoom would be available on AT&T.
Leaked images sparked rumors that Apple was developing a new tablet to compete with Apple's iPad mini.
A poll from iLounge showed that the iPad Air and iPhone 5s were Apple's best products of the year.
The following bids, mergers, acquisitions and disposals were reported on Monday The following bids, mergers, acquisitions and disposals were reported on Monday: BlackBerry Ltd is abandoning a plan to sell itself and instead will replace its chief executive and raise about $1 billion from institutional investors, including its largest shareholder, the smartphone maker said.
Early data from analytics companies indicated the popularity and the high conversion rate of iPad Air as compared to iPad 4 and iPad Mini.
CapMan sold its equity stakes in Curato AS to Altor Fund III. Funds managed by CapMan have completed the exit from Curato AS, as announced earlier in its press release on September 16.
