Fliplife gains “seven-figure” sum from investors.
Month: February 2011
Applied Reasoning for Evapt
Evapt, a US-based software infrastructure provider, has raised an undisclosed amount of seed round funding from a consortium led by investment group Applied Reasoning. John Kinnaird of Applied Reasoning will join Evapt’s board.
Meebo switches on for Mindset Media
In December, Meebo raised $27.5m in its slightly extended series D round and has used the money to buy Mindset Media.
Datacastle gains Aussie backers
Venture capital firm CM Capital and an unknown provider, Haag, invest $2m in Datacastle.
Meraki Networks raises $15m
The company’s disclosed previous round was $5m in January 2009 from Sequoia, angel investors and Google, which was using its wireless connections.
Microsoft buys Canesta
Jim Spare, executive president of Canesta, which has been acquired by software group Microsoft, said: “There is little question that within the next decade, we will see natural user interfaces become common for input across all devices.
Blinq and you miss its funding and appointment
Venture capital firms New Venture Partners, which specializes in intellectual property (IP)-related spin outs, Summerhill Venture Partners, which span out from local phone operator Bell Canada in 2007, and the Business Development Bank of Canada through its BDC Venture Capital unit provided the A round to Blinq Networks.
Trifork spears Basho stake
Including options, Trifork can buy 12% of NoSQL database vendor Basho Technologies.
Itochu backs Elenza
Elenza’s $24m B round came from private equity firm Carlyle Group, venture capital firm Delphi Ventures and an undisclosed strategic corporate investor from the ophthalmic industry, as well as Itochu.
Jagex plays with latest funding
Raine Group backs UK games maker Jagex.
Plastyc gets to Core’s $2m
Center for Financial Services Innovation-backed fund invests $2m in Plastyc.
IntegenX raises round and buys peer
IntegenX, formerly known as Microchip Biotechnologies, buys biotech peer GenVault and raises $15.6m.
Tencent plays to keep Riot
Tencent, a China-based online messaging company, has acquired a majority stake in one of its corporate venturing group’s portfolio companies, Riot Games, for a reported $400m.
Cisco swims into Inlet
Inlet acquisition will boost Cisco’s Videoscape television platform, allowing service and content providers to deliver video to any device over any internet protocol network.