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Latest deals...
 
Japanese online accounting software solutions company Freee raises USD 8 million in from DCM and Infinity Capital Partners
23-April-2014 | Enterprise Software & Services | Investments
Japan-based online accounting software solutions company Freee Co. Ltd. received USD 8 million in investment from DCM and Infinity Capital Partners in Series B funding round. The company plans to use the proceeds from current funding round for accelerating its product develop by expanding its credit card and bank coverage as well as adding collaboration features and enhancing its user experience on all devices. Founded in 2012 by Daisuke Sasaki (CEO) and Ryu Yokoji, Freee (formerly known as CFO Inc.) provides cloud-based accounting software for small and medium sized businesses (SMBs) that automates bookkeeping by syncing with bank and credit card accounts as well as categorizes transactions through text analysis and creating financial statements for tax filling. Earlier in July 2013 the company raised USD 2.7 million in series A funding from DCM and Infinity Capital Partners.
For more details...
Chinese online outbound travel platform operator World Pradesh Travel Network acquires Chinese online social travel website Tukeq.com
23-April-2014 | Online travel | M&A
China-based online outbound travel platform operator World Pradesh Travel Network (WPTN) acquired China-based online social travel website Tukeq.com for an undisclosed consideration. The acquisition enables WPTN to expand its mobile service offerings with Tukeq`s exisiting network of users and strengthens the company`s position in Chinese online travel space. Post-acquisition, Tukeq.com`s content will be integrated into Shijiebang.com. Founded in 2011, Tukeq.com allows travelers to organize their travel plans by sharing, following and viewing recommendations of other users. WPTN operates an online outbound travel website Shijiebang.com that provides customized tour products along with offering tickets, hotel reservations, visa and car rental services at preferential prices.
For more details...
Football: BeIn Sports and M6 Group acquires 3 years broadcasting rights of UEFA Europa League in France for undisclosed fees
23-April-2014 | Sports rights and marketing | Rights deals
BeIn Sports and M6 Group acquired 3 year broadcasting rights of UEFA Europa League in France for undisclosed fees. The rights will cover season starting from 2015-16 to 2017-18. As part of the contract, BeIn Sports will have the rights to broadcast all the 205 matches per season. M6 Group will co-broadcast fifteen matches per season, on its digital terrestrial network, W9. M6 Group, founded in 1987 and led by Guy de Panafieu (President), provides content to people through television, internet and mobile phone. BeIN Sports, launched in 2012 and operated by Qatar-based broadcaster Al Jazeera (owned by Qatar Media Corp.), is an international sports network that brings live game, news and analysis from the top leagues.
For more details...
Indian software development firm Kellton Tech Solutions acquires US-based IT solutions company eVantage Technologies Inc.
23-April-2014 | Enterprise Software & Services | M&A
India-based software development firm Kellton Tech Solutions Ltd. acquired US-based IT solutions company eVantage Technologies Inc. for an undisclosed consideration. The deal allows Kellton to expand its products portfolio and capabilities as well as further expand its presence in the US software development market. Kellton Tech, incorporated in 1993 and led by Krishna Chintam (MD), provides web application development, enterprise mobility and security solutions along with IT services. eVantage is an IT solutions firm that offers software solutions for Service Oriented Architecture (SOA), Enterprise Resource Planning (ERP), Enterprise Application Integration (EAI) and Business Intelligence (BI) processes.
For more details...
Chinese online real estate marketplace operator Landcrowd raises USD 500,000 in investment from a group of investors
23-April-2014 | Online property | Investments
China-based online real estate marketplace operator Landcrowd Ltd. raised USD 500,000 in investment from an undisclosed group of investors. The company intends to utilize the invested capital for expanding its technology and business development team, expanding its business into new markets in Asia as well as exercising additional growth opportunities. Founded in 2012 and led by Asif Ghafoor (CEO), Landcrowd operates an online real estate marketplace, Spacious.hk that allows users to search homes, apartments and other properties for rent and purchase.
For more details...
US-based enterprise data storage solutions firm Pure Storage raises USD 225 million in series F financing from a group of investors
23-April-2014 | Computing | Investments
US-based enterprise data storage solutions firm Pure Storage Inc. raised USD 225 million in series F financing round from a group of investors. The investors participated in the current funding round includes Wellington Management Company as well as existing investors T. Rowe Price Associates Inc., Tiger Global Management LLC, Greylock Partners, Index Ventures, Redpoint Ventures and Sutter Hill Ventures. The transaction valued the company at USD 3 billion (pre-money valuation). The company intends to use the invested capital for expanding its engineering, sales and marketing team, channel partners expansion and for international business expansion. Pure Storage, founded in 2009 by John Colgrove and John Hayes and led by Scott Dietzen (CEO), provides flash memory-based enterprise data storage solutions. The current transaction brings the company`s total raised capital to USD 470 million.
For more details...
Estonian online and mobile taxi search and booking platform operator Taxify raises USD 100,000 in seed funding from a group of investors
23-April-2014 | Mobile Media & Applications | Investments
Estonia-based online and mobile taxi search and booking platform operator mTakso LLC (Taxify) raised USD 100,000 in seed funding round from a group of angel investors. The investors participated in the current financing round includes Mart Kelder, Martin Villig, Andrus Purde, Toomas Bergmann and Mikko Silventola. The company intends to utilize the invested capital for expanding its business in Lithuania, Sweden, Finland and Georgia, enhancing its marketing initiatives as well as exercising additional growth opportunities. Founded in 2013 by Markus Villig (CEO) and Andrus Purde, Taxify provides online and mobile taxi search and booking platform that enables users to search and book taxi on checking user rating, price and car model along with allowing users to check driver`s profile. The companies and drivers can manage the dispatch orders, backend process and receive customers via mobile application. The company currently operates in Estonia and Latvia.
For more details...
 
 
New Company Profiles
Grupo EGASA
Gamesys Ltd
Jumbo Interactive Ltd (Jumbo Interactive GmbH)
GTECH SpA
Rank Group Plc (Rank Malta Operations, PLC)
Juego Online, EAD
Sociedad Estatal Loteraas y Apuestas del Estado, SA
Orenes Grupo SA (Vive La Suerte, SA)
BIG Best In Game SpA (Gioco Online Italia)
Acrismatic SL (Banegras Union, SA)
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Telecom Services and Pay TV in Sweden
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Consumer Magazines in Belgium
Newspapers in Belgium
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Internet Media & Services in Austria
 



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