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Latest deals...
 
Singapore-based online retailing platform operator HipVan Pte Ltd. (HipVan.com) raises USD 1.4 million in funding led by LionRock Capital
28-August-2014 | Online retailing | Investments
Singapore-based online retailing platform operator HipVan Pte Ltd (HipVan.com) raised USD 1.4 million in series A funding round from LionRock Capital led group of investors. The current funding round also includes participation from Toivo Annus (co-founder, Skype). The company plans to utilize the proceeds from the current funding round for the development of its platform as well as for enhancing sales and marketing initiatives. In conjunction with the investment, LionRock Capital`s Anuroop Sreekumar joined company`s board. Founded by Shobhit Datta, Danny Tan (CEO), Kevin Vo and Deborah Wee, HipVan operates an online retailing platform offering designer products for home and offices across various verticals including kitchen, jewelry, furniture among others.
For more details...
Indian online photo printing company ZoomIn acquires US-based online photography-related accessories retailing platform operator Photojojo
28-August-2014 | Online retailing | M&A
India-based online photo printing company ZoomIn Online India Pvt. Ltd. acquired US-based online photography-related accessories retailing platform operator Photojojo Inc. for an undisclosed consideration. The deal allows ZoomIn to expand its offerings portfolio, broaden its customer base and strengthen its reach in the US, Australia and Singapore. Founded in 2005 by Amit Gupta, Photojojo offers photography-related gears including phone lenses for iPhone and Android devices, time lapse cameras, lapel mics, solar chargers, phone filter kits and photography drones. Founded in 2007 by Sunny Balijepalli Rao (CEO), ZoomIn allows users to store, share as well as print digital photos on photo books, canvases, mugs, posters, calendars, and magnets.
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US-based mobile applications development company ZappyLab raises USD 1.5 million investment from an undisclosed group of investors
28-August-2014 | Mobile Media & Applications | Investments
US-based mobile applications development company ZappyLab Inc. raised USD 1.5 million investment from an undisclosed group of investors. The company plans to utilize the proceeds from the current round of investment to further develop its technology capabilities, accelerate product innovation and to enhance sales and marketing activities. Additionally, the company plans to grow its team of developers and further expand its business presence in the US. Founded in 2012 by Lenny Teytelman, Alexei Stoliartchouk and Irina Makkaveeva is a mobile application development company that offers tools to build a crowdsourced repository for protocols, where scientists, researchers and laboratory workers can share written procedural methods for the design and implementation of an experiment.
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US-based online application and services aggregating firm IFTTT raises USD 30 million in series B funding from NVP led investors
28-August-2014 | Internet (general) | Investments
US-based online application and services aggregating company IFTTT raised USD 30 million in series B funding from Norwest Venture Partners (NVP) led group of investors. The current funding round also included participation from Andreessen Horowitz. The company plans to use the invested capital to expand its business development and design team as well as for accelerating business development activities. In conjunction with the funding, Josh Goldman (Partner, NVP) joined IFTTT`s board of directors. IFTTT, founded in 2010 by Linden Tibbets (CEO) and Alexander Tibbets, is an online service that allows users to post or tag their activities on one web application or online services to make it visible on their other aggregated application or online service. It allows aggregation service from 59 application or web channels that includes Facebook, Instagram, Evernote, Linkedin and Twitter. The latest investment brings the company`s total raised capital till date to USD 39 million.
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Singapore-based IP analytics and management solutions firm raises PatSnap SGD 4.5 million in series A funding led by Vertex Venture Partners
28-August-2014 | Enterprise Software & Services | Investments
Singapore-based intellectual property (IP) analytics and management solutions company PatSnap raised SGD 4.5 million in series A funding round led by Vertex Venture Partners. The company plans to utilize the proceeds from the current round of investment to enhance its patent search and analytics capabilities, expand its team as well as accelerate customer acquisition activities and strengthen its presence in IP management space. The latest investment brings the company`s total raised capital till date to SGD 6.7 million. Founded in 2007 by Jeffrey Tiong (CEO), PatSnap operates a cloud-based patent search and analysis platform to search patents and visualize search results as 3D topographical maps.
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US-based outdoor advertising company AllOver Media acquires US-based gas station audio advertising network Gas Station Radio Network
28-August-2014 | Outdoor advertising | M&A
US-based outdoor advertising company AllOver Media Inc. acquired US-based gas station audio advertising network Gas Station Radio Network for an undisclosed consideration. The acquisition allows AllOverMedia to expand its gas station advertising presence in the US and strengthen its position in the out-of-home media industry. Gas Station Radio is an audio advertising network that broadcasts news, music, auto-care tips and weather updates from gas pumps to engage customers. Founded in 2002 by Tony Jacobson (CEO), AllOver Media provides out-of-home advertising (OOH Advertising) solutions and advertises at gas stations, restaurants and convenience stores targeting on-the-go customers.
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Spanish online legal research platform operator vLex acquires Argentina-based SaaS-based law practice management software firm Quolaw
28-August-2014 | Enterprise Software & Services | M&A
Spain-based online legal research platform operator vLex LLC acquired Argentina-based SaaS-based law practice management software company Quolaw for an undisclosed consideration. The acquisition allows vLex to diversify its portfolio of solutions and expand its footprint in Latin American markets. Founded in 2011 by Yael Frylinsztein and Lorella Jalles, Quolaw is engaged in developing an online management software that enables lawyers to manage their legal practice, create tasks and access documents from anywhere. vLex, founded in 1998 by Lluis Faus (CEO) and Angel Faus, provides online legal information content services. The company creates legal content for a country through agreements with legal publishers.
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