A regulatory filing said the $10m round for SnagFilms closed in mid-December, while the Wall Street Journal said Comcast and NEA provided the money.
Month: January 2011
Virtustream completes A round
Virtustream started raising its round on 15 January 2009 and closed it on target of $49.4m on the 14th from 10 investors, according to its regulatory filing.
Rhodia rides into Eight19
Cambridge Enterprise, the University of Cambridge’s commercialisation office, and UK government-backed investment group Carbon Trust join Rhodia in the consortium backing Eight19.
Ontario feeds Blackberry Partners
Ontario Venture Capital Fund joins Research In Motion and Thomson Reuters as lead investors in Blackberry Partners Fund II.
Stephen Moore leaves Motorola
Motorola divided on January 4 into Mobility and Solutions to cover mobile phones and enterprises respectively and its corporate venturing unit has followed the two by splitting its portfolio and concentrating most of its teams back in the US.
Citigroup points to Live By Touch
Citigroup has invested in Live By Touch’s $75m round ahead of setting up an international joint venture with the China-based provider of payment terminals operated by fingerprints.
LivingSocial gets a bonus
The acquisition of Spain-based peer Let’s Bonus for an undisclosed amount makes LivingSocial active in 10 countries with more than 16 million subscribers providing an expected $500m in turnover this year.
Tencent takes a third of 17u.com
China-based online travel site 17u.com sells 30% to Tencent
Concur falls into TripIt purchase
O’Reilly Media’s corporate venturing unit led the $1m seed round for TripIt, which Nasdaq-listed travel group Concur has agreed to buy for up to $120m.
Apalya raises $7.5m B round
IDG and Qualcomm reinvest in Apalya Technologies.
Reliance and GE back Allgreen
News provider DealCurry said RVAM and GE had invested R70 to 80 Crore ($15.5 to $18m) in India-based Allgreen Power.
Mayer and Wright join Trada
News provider SearchBlog says Tim Mayer is chief strategy officer and Ben Wright vice-president of service delivery and marketplace at Trada.
Viola plays for Zend Tech
Zend Technologies doubles round to $16.5m with Viola Private Equity.
O’Reilly hits SeeClickFix
Regulatory filing shows SeeClickFix had nearly raised its target $1.5m last month.