Reuters News
Entrepreneurs and start-up companies looking for backing will be able to solicit small investments over the Internet from the general public under a new proposal to be released by U.S. regulators on Wednesday, Reuters reports.
Oct 22 (Reuters) - Bromium Inc, a firm that helps corporations fight cyber attacks, said on Wednesday it has raised $40 million in financing in a round led by Meritech Capital Partners.
Stitch Fix said it has raised $12 million as it tries to establish itself in what is proving a tricky market: online retail sales, Reuters reported.
VC firm’s latest funding round on track
San Francisco, Oct 15 (Reuters) - Vox Media, the publisher of sports website SB Nation, has raised $34 million of a $40 million new funding round, according to a filing at the Securities and Exchange Commission, sister news service Reuters reported.
Indian e-commerce company Flipkart has raised $160 million from private equity investors, writes Reuters. The Bangalore-based company had raised $200 million in July from existing investors including South Africa's media and e-commerce company Naspers and private equity funds Tiger Global and Accel Partners.
Shares of Forgame Holdings, a Chinese developer of web games, soared more than a third in their Hong Kong trading debut on Thursday, underscoring investor optimism for technology companies that have fueled rallies on the Nasdaq this year, writes Reuters. The company is controlled by its five founders, with other top shareholders including private equity firm TA Associates and Chinese venture capital company Qiming Venture Partners.
Enmetric Systems, a provider of plug load management solutions for the enterprise, has closed on a $1.5 million follow-on financing, writes Reuters. The round was led by Navitas Capital with participation from new investors including Azure International, Lakewest, Inc. (Belgravia Group, Ltd.) and several prominent angel investors.
BioDigitial has raised a $4 million round led by FirstMark Capital and joined by the NYU Venture Fund, according to VentureBeat. The company wants to completely change the way we understand and explore the human body, reports VentureBeat.
Lending platform Prosper continues to prosper with $25 million of new funding, writes VentureBeat. This round follows closely on the heels of the last one — Prosper closed $20 million in January and has raised nearly $120 million in venture capital since its founding in 2006.