Software company Longmaster has acquired the online healthcare portal in a $105m deal that has allowed IDG Capital Partners to exit.
Month: July 2014
Watsi gets Tencent treatment for seed round
The startup, which can crowdfund money to treat sick people in developing nations, has raised $1.2m in a seed round that included China-based web portal Tencent.
Qualcomm docks in $16m Matterport series B
Qualcomm-backed 3-D scanning company Matterport has raised $16m in a series B round that will be used to expand its cameras into the real estate market.
Internet entertainment company Tiange plans $208m IPO
Tiange Group, backed by IDG and Sina, aims to raise $207.7m in its forthcoming IPO, down from the $300m target the company set in February.
Google’s London team reportedly starts to take shape
The internet company is set to open a European base in London, and sources claim it has already hired most of its initial team.
Mahindra lands 18.8% stake in Holiday Club
Mahindra Resorts & Holidays, part of the Mahindra Group, has purchased an 18.8% stake in Holiday Club Resorts Oy to increase its European presence in the vacation ownership industry.
IDreamSky files for $115m IPO in the US
The Tencent and Legend-backed company, which claims to be China’s largest mobile game publisher, will earmark some of the proceeds for acquisitions.
Box ticked for $150m in pre-IPO funding
The cloud content storage provider, backed by a host of corporates, has now raised almost $600m and will seek to float later this year.
Askul buys $27m ticket for Star Festival
Japan-based Star Festival has received $27.4m from one of the country’s largest office supply mail-order companies as part of a partnership agreement.
Payment services provider TranServ closes series B
TranServ, which offers pre-paid payment products and solutions to banks, corporates and other institutions, has raised an undisclosed sum in its latest round.
Alibaba cheers on memorabilia seller Fanatics.com
Online retailer Fanatics has raised $170m in funding in an Alibaba-led round that will enable it to expand overseas.
Intel helps distribute $40m to Hungama
India-based media distributor Hungama has raised $40m in an Intel-backed round that will be used to capitalise on growing smartphone use in the region.
Telstra calls up Telesign for series B boost
Mobile identity verification tool Telesign has boosted its series B round to $49m following a strategic investment by telecommunications form Telstra.
Woowa Bros joins CyberAgent family
CyberAgent invested $500,000 in a $12m round raised by the online fast food delivery service, which has a 60% share of the South Korean market.