After more than a decade of venture capital and strategic backing, 2Wire sells out to Pace for $475m.
Month: July 2010
Semco gains Total support
French oil group Total indirectly ventures into backing Semco Engineering, a France-based maker of solar energy panels.
BlackBerry fund backs Viewdle
US-based visual recognition software company Viewdle gains strategic supporters.
Nagase-backed NanoGram finds new home
Undisclosed third party acquires NanoGram, a US-based maker of small industrial products backed by Japanese strategic investor Nagase.
Clearwire sells Irish telcoms division
Imagine Communications Group has acquired the Irish operations of Clearwire.
Glam Media finds ad partner
Venture-backed peer AdPortal finds new home in Glam Media, a US-based online advertising network.
China Kanghui preps for NYSE operation
Chinese maker of orthopedic implants backed by US media company International Data Group’s local venture fund, IDG-Accel, starts $75m flotation process.
Vattenfall gains power from Tri-O-Gen
Tri-O-Gen, a Netherlands-based developer of renewable energy, has raised €4.5m ($5.8m) from the corporate venturing division of European utility Vattenfall in its first round of institutional funding. Yellow&Blue Investment Management, an independent venture capital firm founded in 2008 by Dutch energy company Nuon, part of Vattenfall, led the round along with substantial investment from Tri-O-Gen’s… Continue reading Vattenfall gains power from Tri-O-Gen
GE joins SynapSense’s efficiency drive
General Electric and existing investors provide further $5m for SynapSense, a US-based company to improve the energy efficiency of data centres.
Beano publisher backs Ambicare B round
Ambicare Health, a UK-based provider of plasters for cancer treatment, has closed a £1.7m ($2.6m) series B round from a consortium including the publisher of the Beano comic magazine. The money will develop Ambulight PDT, the world’s first light-emitting sticking plaster for the treatment of skin cancer. Longbow Capital, a UK-based venture capital firm, led… Continue reading Beano publisher backs Ambicare B round
TurnHere finds path to $3m investment
US-based internet video production and advertising company TurnHere posts regulatory filing of funding success.
West calls up venture-backed TuVox
West Interactive provides exit to ADobe Ventures-backed voice response company TuVox.
Disney talks about owning Playdom
Steamboat Ventures last month invested in social media gaming company Playdom’s series A round but which might lead to an exit to its parent, Disney.
EBAN paper on European innovation
The European Business Angels Network (EBAN) has published a paper on the European Commission’s Europe 2020 strategy for innovation.