GE Financial Services is lending $50 million to investment company Rockland Capital LLC to be used for the latter's acquisition of power generation facility Elgin Energy Center in Illinois, US.
Tags: US
US startup Omada Health pockets $23M in Series B round to fuel digital weight loss program
San Francisco, US-based health-tech startup Omada Health pocketed $23 million in a Series B funding led by Andreessen Horowitz to fuel its digital weight loss program for diabetic people.
New York-based coding school Flatiron raises $5.5M to improve quality of education
New York, US-based coding school The Flatiron School raised $5.5 million in a recent financing led by Charles River Ventures (CRV) and Matrix Partners to improve the quality of its educational services.
San Francisco mobile app performance platform Crittercism takes home $30M in funding
San Francisco, US-based mobile app performance startup Crittercism took home $30 million in a funding round led by Scale Venture Partners for its expansion and enterprise initiatives.
Israeli startup Neura bags $2M in funding to connect devices in a single app
Herzliya, Israel-based connected device network Neura bagged $2 million in a funding round led by Greenhouse Capital Partners to connect several gadgets using one mobile app.
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Redwood City, US-based remote home monitoring company iControl Networks acquired Ottawa, Canada-based home automation device maker Blacksumac for an undisclosed amount to expand its product portfolio.
Kansas, US-based broadband infrastructure investor Rural Broadband Investments LLC snapped up the cable system catering to Poplar Bluff, Missouri, for an undisclosed amount to provide people with better cable and internet services.
US President Barack Obama announced the new members of the Presidential Ambassadors for Global Entrepreneurship (PAGE) who will help start and grow new businesses in the US and around the world.
Santa Clara, US-based low-power SoCs (system on a chip) developer Ineda Systems scored $17 million in a Series B funding round led by Walden-Riverwood Ventures to develop products that can be used in wearable devices and Internet of Things (IoT).
Belfast, Ireland-based home-brewing firm Cargo bagged £82,000 in funding from Invest North Ireland (NI) for the development and marketing of its smartphone-controlled beer-making robot Brewbot.
San Francisco, US-based transportation network firm Uber will launch an on-demand courier service in Manhattan, New York tomorrow, according to an exclusive report by VentureBeat.
Northwestern University (NU) trustees Michael Ferro Jr and Pat Ryan Jr each donated $2 million to build an incubator space called the Garage near the Henry Crown Sports Pavilion where student entrepreneurs can develop projects, classes, and businesses.
Cupertino, US-based smartphone giant Apple launched its iPhone trade-in program in Germany to allow its customers to purchase a new iPhone at a discounted price when they trade in a qualifying old device.
Boston, Massachusetts-based mobile healthcare management platform Wellframe nabbed $1.5 million in a seed funding round from several high net worth individuals to provide patients with an app that will serve as their personal digital nurse.
