A group of traders and web hackers accumulated over $100M by gaining access to corporate press releases on news websites Market Wired, PR Newswire and Business Wire before the news were published. The hackers have been trading the advance stolen news to Wall Street traders for five years, fed authorities caught on Tuesday.
Reston, Virginia-based social lending marketplace StreetShares bagged $1.2 million in its seed funding round with Accion Venture Lab as the lead investor to back veteran-owned and main street businesses after it launches this month.
Amsterdam, Netherlands-based business services provider TMF Group acquired Jakarta, Indonesia-based payroll and HR administration services provider PT Tass Axia Solusi for an undisclosed amount to expand its client base.
Minneapolis, US-based health insurance marketplace Gravie scored $10,5 million in its first funding round which was led by Aberdare Ventures to help its clients understand their best option for coverage.
In a first app merger in the wine sector, San Francisco, US-based wine app Hello Vino purchased wine-focused photo-sharing app Corkbin for an undisclosed amount.
Raleigh, North Carolina-based Aseptia, a food firm that developed a technology that allows food to stay fresh without refrigeration and preservatives, raised $28 million in Series C funding which will fund the growth of its subsidiary Wright Foods.
San Antonio, Texas-based diversified holding firm Biglari Holdings Inc, through a wholly-owned subsidiary, bought New York, US-based men's magazine brand MAXIM for an undisclosed sum.
Petah Tikva, Israel-based ClickSoftware Technologies Ltd entered a deal to add Mountain View, US-based mobile workforce management firm Xora Inc for a cash consideration of around $14.7 million.
Colorado, US-based private equity fund management group Centurion Resource Group (CRG) acquired a 75% stake in a copper project located in Karagandy, Kazakhstan, for an undisclosed amount.
World Bank Group member International Finance Corporation (IFC) invested an undisclosed amount in US-based submarine fiber optic cable system developer and operator Seaborn Network Holdings LLC.
Ohio-based plastic compound and resin supplier A. Schulman Inc announced the completion of its acquisition of US engineered plastics distribution business Network Polymers Inc in a deal valued at USD49.5 million.
Private equity firm Liberty Hall Capital Partners announced today its acquisition of Tulsa-based aerospace engineered parts supplier Precise Machining & Manufacturing for an undisclosed amount.
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