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Investments and Expansions

Wave Raises Additional $130 Million to Expand Gigabit Ethernet Fiber Network

Wave, a gigabit fiber and broadband services company in the US, has raised an additional $130 million to further expand…

Telefónica Open Future_ to Invest US$200 million for Technology Innovations

Telefónica today announced that it is committing another US$200 million in Telefónica Open Future_, a program which integrates all open…

CDN Firm Edgeware Expands Presence in APAC With New Hong Kong Office

The leading Content Delivery Network (CDN) firm, Edgeware, opens a new sales and support office in Hong Kong as part…

SoftBank Restructures, Appoints Nikesh Arora as New COO

SoftBank has announced a number of changes to initiate its transformation towards becoming a stronger global player. The Japanese Mobile…

Pinterest Raises $186 Million, Intros Beta Developer Platform

Image Bookmarking startup, Pinterest has completed a new Series G funding round of $186 million with new investors Goldman Sachs…

Audi, Qualcomm Invest €18 Million in Cloud M2M Platform Provider Cubic Telecom

The global Machine to Machine (M2M) connectivity platform provider, Cubic Telecom has secured a €18 million co-investment from Audi AEV…

Software-Defined WAN Firm CloudGenix Secures $25 Million Funding

Leading provider of software-defined wide area network (SD-WAN), CloudGenix has secured a $25 million in Series B funding led by…

TELUS Partners with Startup Canada to Launch Startup Toronto

TELUS partners with Startup Canada to launch Startup Toronto - an entrepreneur-led community that will help new businesses in the…

API Platform Developer Apigee Enters Nasdaq with $87 million IPO

Application programming Interface (API) developer, Apigee Corporation, Friday last week joined the Nasdaq under the symbol "APIC." with an initial…