In Second Opinion, troubled smartphone maker BlackBerry plans on raising $600 mln in funding, Richard Branson survives brutal bike crash and North Korea says it can nuke the U.S. mainland.
Personalized video channel Rheo has raised $2.3 million in seed funding. Accomplice led the round with participation from other backers that included Pathbreaker Ventures, Social Capital and Social Starts.
TriStyle Mode GmbH, which is backed by Equistone Partners Europe, has acquired Long Tall Sally from Amery Capital. The value of the transaction is 30 million pounds. UK-based Long Tall Sally is a retailer focused on tall women.
Brixey & Meyer Capital has acquired Stillwater Technologies, a provider of precision machining and resistance welding solutions for the communications, aerospace, defense, automotive and energy sectors. The sellers were Bill and Wanda Lukens. No financial terms were disclosed.
Apollo Global Management has agreed to acquire San Antonio, Texas-based Rackspace, a cloud platform provider for companies such as AWS and Microsoft, for $32 per share in cash.
South San Francisco-based Denali Therapeutics Inc, which is focused on developing treatments for patients with neurodegenerative diseases, has raised $130 million in Series B financing. Baillie Gifford led the round with participation from other investors that included ARCH Venture Partners, F-Prime Biosciences, Flagship Ventures and the Alaska Permanent Fund.
DPE Deutsche Private Equity has agreed to sell Westfalia-Automotive and sister company Terwa to Horizon Global. No financial terms were disclosed. Germany-based Westfalia-Automotive is a maker of towbars, wiring kits and carrier systems for cars and light utility vehicles.
Enable Midstream Partners LP, an operator and developer of natural gas and crude oil infrastructure assets, has named Craig Harris as executive vice president and chief commercial officer. His appointment begins September 6, 2016. Harris is a former managing director at Alinda Capital Partners.
Scottsdale, Arizona-based Gobiquity, a provider of mobile vision screening technology, has secured $6 million in Series B funding. The investor was InterWest Partners.
Second Opinion wraps up the day with news that Uber reportedly lost at least $1.2 bln in the first half, Tesla gets greenlight to acquire SolarCity and the world’s best students are ditching UK for countries with friendlier student visa policies.
Songkick, an artist-ticketing and concert discovery platform, has raised $15 million in funding. The investor was Access Industries. In addition to the funding, Songkick has hired Lydia Goldberg as vice president of product and Lee Martin as vice president of design.
Mint Solutions Holding BV, a Dutch developer of medication safety system MedEye, has secured 5 million euros (about $5.6 million) in Series B funding. The investors included BOM Capital, Life Sciences Partners, Seventure Partners and NSA Ventures.
San Francisco-based Grabr, an international goods platform, has raised $3.5 million in funding. Alexey Repik of RBV Capital led the round.
Inscopix Inc, a brain mapping platform developer, has raised $10 million in Series A financing. The investors were Playground Ventures, AME Cloud Ventures and Floodgate Fund.
Symphony Commerce, a provider of web store, inventory management and fulfillment capabilities, has raised $11 million in funding. The investors were CRV, Blue Cloud Ventures, Bain Capital Ventures and FirstMark Capital.
Mallinckrodt plc has agreed to sell its nuclear imaging business to IBA Molecular for about $690 million. TAP Advisors provided financial advice to Mallinckrodt on the transaction. IBA Molecular is a portfolio company of CapVest.
J.F. Lehman & Company has agreed to acquire Oldenburg Group‘s heavy equipment group. No financial terms were disclosed. The new company will be renamed Lake Shore Systems. The deal is expected to close later in the year.