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Investments and Expansions

Qosmos Opens Office in Japan to Expand Presence in Asia

Qosmos is accelerating its expansion in the Asia Pacific region with the opening of a new office in Tokyo to…

Deutsche Telekom Sets Up €500m VC Funds for European Start-Ups, Targets OTT Companies

Germany’s Deutsche Telekom (DT) has announced the creation of a venture capital (VC) vehicle - Deutsche Telekom Capital Partners (DTCP) - boasting one…

Swedish M2M Service Enablers(SMSE) Teams Up with Europe's M2M Alliance, Welcomes Intel and Slagkryssaren as Latest Addition

The internet-of-things (IoT)/M2M has spurred the growth of various new solutions primarily integrated service platforms that allow manufacturers and product…

IoT-based Intelligent LED Lighting Firm Digital Lumens Snaps $23 Million Funding Led by Nokia Growth Partners

Digital Lumens, the leader in intelligent LED lighting, has announced $23 million in funding from new investors Nokia Growth Partners,…

IoT Startup EVRYTHNG Receives Investment Backing from Samsung

EVRYTHNG, the Web of Things software company making products smart by connecting them to the Web, Thursday announced an investment…

MTS Russia Secures RUB 50 Billion Financing from Sberbank

Mobile TeleSystems OJSC (MTS), the leading telecommunications provider in Russia and the CIS, offering mobile and fixed voice, broadband, pay…

RIL to Raise $800 million from Korea EximBank to Finance 4G Equipment Purchase

Reliance Industries Limited (RIL) will be raising $800 million from Korea EximBank (K-Exim) to finance the purchase of telecoms gears…

Indonesia's Leading Online Marketplace Tokopedia Snaps $100 Million Funding Led by SoftBank Internet

Tokopedia, Indonesia’s leading online marketplace, has clinched a whooping 100 million capital funding led by SoftBank Internet and Media (SIMI).…

Openstack Company Mirantis Bags a Whopping $100 Million in Funding

Mirantis, the pure-play OpenStack company, last week announced it has raised $100 million in Series B funding led by Insight…