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LightSquared, the Virginia-based wireless broadband and satellite network, has raised $265 million to use funds for general corporate purposes. more...

GSR Ventures, the early-stage venture capital fund, has closed a new $350 million fund to invest in China. The firm's fourth fund under management, the most recent vehicle brings past $1.0 billion GSR's assets under management. more...

Amazon will acquire Luxembourg-based The Book Depository, an online seller of books. more...

WhipTail Technologies, a company that makes solid-state storage arrays, has raised an undisclosed amount of Series A venture investment from Spring Mountain Capital, a New York-based investment firm. more...
 
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