New York-listed medical device company Boston Scientific has agreed to acquire one of its corporate venturing portfolio companies, Asthmatx, for initial $193.5m outlay.
Month: September 2010
Cirtas navigates $10m A round
Ecommerce retailer Amazon joins venture consortium backing Cirtas Systems.
Legend fulfils promise for Mbaobao
Legend Capital, the corporate venturing division of China-based computer company Legend, teams up with DCM for Mbaobao.com investment.
AOL finds answer to Solve funding
Solve Media has launched it advertiser product while raising $5m from a venture consortium.
Huatong starts venture fund
Huatong Jianli Venture Capital Fund to start in China’s Qingdao National High-Tech Industrial Development Zone.
InishTech raises $2.4m
InishTech, an Ireland-based software protection company backed by Microsoft, has raised €1.8m ($2.4m) from a Bank of Ireland-led venture consortium. The round was split: €650,000 from the bank’s Seed and Early Stage Equity Fund, which is managed by venture capital firm Kernel, €400,000 from state-funded development organisation Enterprise Ireland, €275,000 came from the Halo Business… Continue reading InishTech raises $2.4m
Kenya’s VirtualCity’s wins $1m
Nokia’s first winner of its venture investment competition is VirtualCity.
FTV invests in Financial Transaction Services
FTV Capital invests $50m for stake in Financial Transaction Services.
Tencent wins Gamegoo participation
Qiming Venture Partners sells Beijing Gamegoo Information Technology stake to China-based internet and mobile entertainment firm Tencent.
Swisscom turns up Amplidata round
Swisscom Ventures joins venture capital firms in backing Belgium-based data storage company Amplidata.
Walker joins Google Ventures
Former co-founder and chief executive of Grand Central joins Google Ventures as entrepreneur-in-residence.
Yahoo declines Alibaba exit offer
China-based internet services portal Alibaba Group offer to minority strategic investor rebuffed.
Sezmi seizes $17.3m in fourth round
US-based developer of television set-top boxes Sezmi closes on $94.8m in lifetime venture funding.
ChinaCache finds Nasdaq store open
Intel Capital, the corporate venturing division of US-listed chip maker Intel, is expected to sell 6.45 million shares, 2.2%, of ChinaCache at its flotation.