TechCrunch reports that AirWatch, the startup that helps businesses handle security on mobile phones, has announced a $25 million round of funding, led by Accel with participation from Insight Venture Partners. Read More
The Wall Street Journal reports that Grotech Ventures has announced $225 million in committed funds from existing and new investors for its eighth fund, Grotech Ventures II ("GV II"). . Read More
Hypebot reports that Nettwerk Music Group has raised $10.25 million in a round of funding, which includes investments from HBC Investments, and additional investment from current shareholders Beedie Capital and Nettwerk’s four founding partners: Terry McBride, Ric Arboit, Dan Fraser and Mark Jowett. . Read More
MindMixer, an online engagement platform for social, education and healthcare organizations, announced today that it has raised $4 million in a round of funding, led by Nelnet, a leading provider of innovative education products and services, with participation from existing investors Dundee Venture Capital and Optimas Group. Read More
Reuters reports that Jawbone has purchased BodyMedia Inc., the maker of weight-monitoring arm bands, for over $100 million, according to a person familiar with the matter. The deal will help Jawbone's attempts to strengthen its place in the wearable technology market, with almost 300 pending and issued patents, the company said. Read More
Bloomberg reports that Apple Inc. said it is going to return an additional $55 billion in cash to shareholders to make up for a weakening of its stock and signs of slowing growth. The move come after the projected quarterly sales missed analysts’ predictions. . Read More
Hypebot reports that Eventbrite, the self-service ticketing platform has secured $60 million in a funding round led by Tiger Global Management and new investor T. Rowe Price, bringing the total amount raised to $140 million. . Read More