The full review of 2010’s events.
Month: February 2011
SmartSynch aligns with investors
SmartSynch, an electricity equipment company, raises $25.7m from 26 investors in an interim close as part of a planned $33.4m round.
Thakker joins Intel Capital
Dharmesh Thakker deals at his previous company, Advanced Technology Ventures, included taking board seats at portfolio companies Qumu,? Nuventix and? Calisolar.
JP Morgan raises $1.2bn fund
Investment bank JP Morgan Chase raises more than $1.2bn for its Digital Growth Fund, according to a regulatory filing seen by news provider New York Times.
Nokia buys into SponsorPay
Nokia’s investment nearly doubles previous funding for SponsorPay.
Google powers up Transphorm
Wesley Chan, a partner at Google Ventures is listed as a director on Transphorm’s latest regulatory filing as the company raised $20m in its C round.
Goldman visualises AppSense success
Pete Perrone, a managing director at Goldman Sachs since 1999, will join AppSense’s board after $70m round from US investment bank.
Intel plays with Digital Chocolate
Last year, Digital became one of the top five global games publishers on social network Facebook with more than 12 million monthly active users and has raised $12m in its D round.
Oak Pacific preps $500m flotation
Newswire Bloomberg said Oak’s $500m initial public offering could come by the summer and was backed by computer group Lenovo’s corporate venturing unit Legend Capital and Japanese media group Softbank as well as venture capital firms Technology Crossover Ventures, Accel Partners, and Doll Capital Management.
BookRenter calls in Comerica
Comerica Bank joins the BookRenter consortium as a new investor along with venture capital firms Focus Ventures, Lighthouse Capital Partners, Adams Capital Management, Norwest Venture Partners and Storm Ventures.
Recyclebank gains $14m
Physic Ventures joins consortium backing Recyclebank.
Avrio Ventures into Biopharmacopae
Avrio makes second investment after previously providing an undisclosed amount to Biopharmacopae’s series A round in December 2008.
Monsanto buys Divergence
Divergence had raised about $20m from venture capital firms Cultivian Ventures (formerly known as Midpoint Food and Ag Fund) and Prolog Ventures, which has a focus on corporate venturing.
Steen steps up to chief executive at Parallels
Serguei Beloussov, Parallels founder and former chief executive, will remain as executive chairman after Birger Steen’s promotion.