Novo Ventures and RiverVest Venture Partners co-lead US-based biotech company Otonomy’s second round of funding.
Month: August 2010
Naspers pays for free advertiser’s stake
Naspers acquired its stake in global online classified advertising company OLX from venture capital firms.
LVMH continues Asian shopping spree
LVMH Moet Hennessy Louis Vuitton’s $500m L Capital Asia fund launched last year has backed its second second Asian watch maker.
PurpleTalk sets up venture fund
PurpleTalk set up PollenEight venture to seed mobile device developers in India.
McKay joins Citrix-backed Desktone
Venture capital and management veteran Peter McKay has joined Desktone.
Bunge tucks into Solazyme D round
Renewable oil group Solazyme adds Bunge to strategic backers Chevron and San-Ei Gen.
Siemens sees way to join ViewRay
US-based medical device maker ViewRay closes $20m series C round with Siemens Venture Capital in consortium
NKT Therapeutics gains further $4m
MedImmune Ventures-backed drugs company NKT gains $12m from consortium across two rounds.
CellMania gains RIM exit shot
Venture investors in CellMania, a US-based provider of wireless applications set up in 1999, have found an exit in Research in Motion (RIM), the maker of the BlackBerry mobile phones.
Intel Capital maintains Indian activity
Intel Capital reinvests in Vriti Infocom amid listing of six portfolio companies.
Cisco discovers Atlantis Computing
Atlantis Computing gains $10m from three investors, including peer Cisco Systems.
IDG adds BizArk to its collection
IDG Capital Partners reportedly agrees $40m investment in China trade company BizArk.
Pandora agrees Elevation deal
Private equity firm Elevation Partners reportedly to invest $100m in online radio company Pandora.
Ad Pepper shakes on two deals
Media groups Videovalis and Brand Affinity Technologies gain Germany-based online advertising marketing company Ad Pepper Media International as venture investor.