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Renren Sells Nuomi Stake To Baidu

renren

Chinese social networking platform Renren is selling off its stake in daily deals site Nuomi to Chinse search behemoth Baidu. The transaction is expected to close in the first quarter of 2014.

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Corelight raises $150M

San Francisco-based network detection and response (NDR) company Corelight has raised $150 million in a Series E funding round.

Island raises $175M

Dallas, Texas-based enterprise browser company Island raised $175 million in Series D funding, raising the company's valuation to $3 billion.