California fitness app PEAR takes home $5M in Series B round

Irvine, US-based fitness trainer app PEAR Sports took home $5 million in its Series B funding led by previous backers Innovate Partners and Nordic Ventures to ramp up its marketing efforts and third-party sales.

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Facebook acquires Oculus VR in $2B deal

Social media giant Facebook acquired California, US-based virtual reality headset maker Oculus VR in a deal valued at $2 billion to help the startup expand beyond non-gaming applications of its technology.

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US real estate marketplace nabs $50M investment from Google Capital

Irvine, California-based real estate marketplace nabbed $50 million in investment from the newly launched growth equity fund Google Capital for its expansion and marketing campaigns.

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Identity authentication firm HID Global acquires New Mexico's Lumidigm

California-based identity authentication firm HID Global acquired Albuquerque, New Mexico-based authentication solutions provider Lumidigm for an undisclosed amount to extend its product portfolio and gain new secure identity solutions.

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California's CoreLogic acquires catastrophe modeling firm EQECAT

Irvine, California-based business analytics firm CoreLogic bought Oakland, California-based catastrophe risk modeling firm EQECAT for a yet undisclosed sum from its parent company ABS Group.

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