Tag Archives: million

Ikea dresser tip-over cases settled for $50 million

PHILADELPHIA — Following a two-day mediation before retired Federal Magistrate Judge Diane Welsh of JAMS, a nationally recognized mediator for complex civil cases, Ikea has agreed to settle three wrongful death claims for the sum of $50 million, to be evenly divided among the three families. A statement released by …

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Melancon, Giants reach $62 million, 4-year deal

It’s the richest contract ever for a closer, topping Jonathan Papelbon’s $50 million, four-year deal with the Phillies from 2012-15 and Mariano Rivera’s $15 million annual value total in 2011-12 by the Yankees. Pending a physical, the pitcher receives a $20 million signing bonus, $8 million of which is deferred, …

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Airbnb authorizes $153 million more funding

A new Delaware filing for Airbnb, identified by CB Insights, suggests that the travel service has authorized another $153 million in Series F shares. This implies that they might be raising an extension to their financing $555 million round from a few months back. The filing prices the shares at …

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Botify Grabs $7.2 Million To Turn You Into An SEO Wizard

French startup Botify just raised a $7.2 million Series A round from Idinvest and Ventech. The company uses a software-as-a-service approach to make it as seamless as possible to crawl your website and give you insights into your search engine optimization strategy. Yet, Botify isn’t about making optimizations for you. …

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54-Million-Year-Old Biting Midge Found Preserved in Amber

A fossilized biting midge found in India preserved in amber dates back some 54 million years, says an international team of paleontologists. Camptopterohelea odora in amber from Gujarat State, western India. Scale bar – 0.2?mm. Image credit: Frauke Stebner / University of Bonn. From studying the amber from Gujarat State …

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Micro-investing app Stash raises $25 million Series B

Stash, a mobile application that aims to make investing easier for those who aren’t as financially experienced, has raised $25 million in Series B funding, the company announced today. The round, which follows the startup’s $9.25 million Series A just this August, was led by prior investor Valar Ventures, with participation …

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