Facebook has hit a major milestone. On Tuesday, Facebook announced that they have hit 1 million businesses actively advertising on the social network. A majority of these businesses are small.
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Nok Nok Labs is a security company that focuses on two-factor authentication. The company has raised $4 million in debt financing from existing investors ONSET Ventures and DCM. Nok Nok raised $15 million announced their first round of funding this past February, but it was closed in 2011.
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COMS Interactive is a health care software-as-a-service company that has raised $21 million in a new round of funding. COMS’ flagship product is called Daylight IQ. Daylight IQ is the first healthcare delivery system that is based upon disease management, clinical outcomes measurement, and performance improved based on long term care residents.
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Fab.com has raised another $150 million in a new round of funding as announced by CEO Jason Goldberg. Investors in this round includes Tencent, Atomico, Andreessen Horowitz, Itochu Technology Ventures, and other existing investors. Goldberg added that this is “just the first part of a larger Series D round.”
Xoom Corp (NASDAQ:XOOM) has announced a new Xoom Money Transfer App for Android and iOS. The apps are free and offers a way to quickly send money to friends and family. The app lets you send money using a quick “one tap and one swipe” technique. Xoom is a digital money transfer provider that has seen 840,000 active customers send over $3.6 billion.
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Samsung Electronics Co., Ltd. (KRX:005930) executives have met with Facebook CEO and co-founder Mark Zuckerberg to discuss the possibility of working with them on potential partnerships and ad deals. Zuckerberg and Samsung president Shin Jong Kyun also talked about the generalities of information technology. Zuckerberg met with Samsung’s executives at their Seocho office building in Seoul, South Korea.
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King, the company behind Candy Crush, has filed to go public according to the Wall Street Journal. King is reportedly working with Bank of America, J.P. Morgan Chase and Credit Suisse to go public. The pricing and timing of the IPO is not yet known.
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Carl Icahn has proposed to take control of Dell Inc. (NASDAQ:DELL) by offering 1.1 billion shares at $14 per share. This offer is 35 cents per share higher than the one that is offered by CEO Michael Dell and private equity company Silver Lake Partners, according to AllThingsD.
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