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Latest deals...
 
UK-based marketing services firm Dentsu Aegis acquires 51% stake in Indian Out-of-Home advertising agency Milestone Brandcom
28-July-2014 | Outdoor advertising | M&A
UK-based marketing services firm Dentsu Aegis Network Ltd. acquired 51% stake in India-based Out-of-Home (OOH) advertising agency Milestone Brandcom Pvt. Ltd. for an undisclosed consideration. The deal allows Dentsu Aegis to expand its outdoor marketing offerings as well as strengthen its business presence in Indian OOH market. Post-acquisition, Milestone Brandcom will continue to retain its identity as well as its management team. Founded in 2000 by Nabendu Bhattacharyya (CEO and MD), Milestone Brandcom is an outdoor advertising agency that offers media planning & buying, event promotion activation, rural OOH activation, retail and digital OOH activation solutions in 42 Indian cities. Founded in 1978 and led by Jerry Buhlmann (CEO), Dentsu Aegis (a part of Dentsu Inc.) offers marketing, performance measurement, media planning and buying, social media activation and other media agency services through its subsidiaries.
For more details...
Japanese photo sharing application developer Mind Palette (Snapeee) raises JPY 400 million in series C funding round from Global Brain
28-July-2014 | Mobile Media & Applications | Investments
Japan-based photo sharing application developer Mind Palette Co. Ltd. (Snapeee) raised JPY 400 million in series C funding round from Global Brain Corp. The current funding round also includes participation from Kodansha Ltd. and Energy and Environment Investment. The company plans to utilize the proceeds from the current funding round to further add new features into its application, enhance its sales and marketing initiatives as well as to strengthen presence in Asian mobile application sector. Founded in 2010 and led by Takamasa Kamio, Snapeee is a photo sharing application that allows users to edit and share photos on Facebook, Twitter and other social networking streams. The company currently offers its applications for iOS and Android platform.
For more details...
Indian cloud telephony company Knowlarity raises USD 16 million investment from a group of investors in series B funding
28-July-2014 | Online infrastructure and enabling services | Investments
India-based cloud telephony company Knowlarity Communications Pvt. Ltd. raised USD 16 million investment from a group of investors in series B funding round. The participants in the current round of funding include Sequoia Capital and Mayfield Ventures. The company plans to utilize the proceeds from the current round of investment to further accelerate its research and development activities, to scale its sales and marketing activities as well as to expand its operations in India as well as in key international markets. Founded in 2009 by Ambarish Gupta (CEO) and Pallav Pandey, Knowlarity is engaged in the business of providing voice and data communication services over the internet to businesses and individuals.
For more details...
US-based mobile application analytics and optimization solutions company Leanplum raises USD 4.8 million investment from Shastra Ventures
28-July-2014 | Online and mobile advertising | Investments
US-based mobile application analytics and optimization solutions company Leanplum Inc. raised USD 4.8 million investment from Shastra Ventures. The company plans to utilize the invested capital to grow its engineering and marketing teams, enhance customer support and further develop its product by adding innovative features as well as to expand customer acquisition efforts. Founded in 2012 by Momchil Kyurkchiev (CEO) and Andrew First, Leanplum is a provider of content management, A/B testing, data analytics and marketing automation solutions to allow marketers understand and monetize their users better. Earlier in February 2013, the company raised USD 825,000 investment from a group of investors.
For more details...
Chinese personalized recommendation platform operator Baifendian raises USD 25 million in series C funding from a group of investors
28-July-2014 | Online infrastructure and enabling services | Investments
China-based personalized recommendation platform operator Baifendian Corp. raised USD 25 million investment in series C funding from an undisclosed group of investors. The company plans to use the proceeds from the current round of investment to further develop its technology platform, expand business development activities and expand its customer base to exercise additional growth opportunities. Founded in 2009 by Bai Linsen (CEO) and Su Meng, Baifendian is a recommendation engine that analyzes customer`s online shopping preference and provides integrated optimization solutions for e-commerce websites through in-site traffic conversion and business intelligence solutions. Earlier in July 2013, the company raised USD 10 million in series B funding round from a group of investors.
For more details...
US-based video content display platform Jaunt Inc. receives USD 400,000 in investment from BSkyB
28-July-2014 | Broadcast and Production Services | Investments
US-based video content display solutions developer Jaunt Inc. received USD 400,000 in investment from British Sky Broadcasting Plc (BSkyB). The company plans to use the proceeds from the current funding round for the development of its technology, expanding its team as well as exercising additional growth opportunities. The deal is in line with BSkyB`s strategy to diversify its business operations and provide additional insight into developments within the cinematic virtual reality field. Founded in 2013 by Jens Christensen (CEO) and Arthur van Hoff, Jaunt provides video technology solutions comprised of integrated hardware and software technology that captures and displays 360 degree video content in 3D. Earlier in April 2014, the company raised USD 6.8 million in investment from a group of investors.
For more details...
Italian online berth booking platform operator Marinanow raises EUR 370,000 investment from United Ventures in seed funding
28-July-2014 | Consumer Software & Services | Investments
Italy-based online berth booking platform operator Marinanow Ltd. raised EUR 370,000 investment from United Ventures in seed funding round. The company plans to utilize the proceeds from the current round of investment to further expand its database of berths and boats across the Mediterranean and European region as well as expand marketing activities to increase its user base. The company also plans to expand its team and accelerate business development activities. Founded in 2012 by Alessandro Sestini (CEO), Paolo Codina and Andrea Corvaglia, Marinanow.com operates as an online platform that allows users to search by location and book berths for their boats across Italy, France, Spain, and Croatia.
For more details...
 
 
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