Data mixed about how widespread the venture capital resurgence will be.
Month: May 2011
Deal round-up: April 2011
To report a deal in Global Corporate Venturing, contact James Mawson at jmawson@globalcorporateventuring.com
Gaule’s Question Time: Bill Taranto, Merck
As part of a series of interviews with leading venture investors and developers, Andrew Gaule, founder of the H-I Network and Corporate Venturing Network, talks to William Taranto (pictured), managing director of Global Health Innovation Fund, Merck.
An age of opportunity
If the industry is to capitalise on this golden age, corporate venturing units will be required to spend increasing amounts of time and effort showing their achievements and their potential – both in creating opportunities for the parent and as a risk management tool delivering awareness of competitive threats forming.
Positron helps MConcierge’s service
Alongside Positron in backing MConcierge Systems were venture capital firms Real Ventures, Montreal Start Up and Palos Capital.
Pescatello leaves Peacock for Lightbank
Pescatello had been vice-president and a founding member of Peacock fund, which was a joint venture between GE and broadcaster NBCUniversal, and rejoins former colleague Paul Lee at Lightbank.
Tuniu calls on Rakuten for round
Other investors included venture capital firms Sequoia, DCM and Highland Capital.
140 Proof finds its BlueRun again
BlueRun also participated in 140’s first $2m round, which also included angel investors.
Yahoo eyes Hadoop spin-off
News provider Wall Street Journal said Yahoo was “weighing” a Hadoop spin-off potentially backed by venture capital firm Benchmark Capital.
IDG and Zero2IPO back Fclub
Alongside IDG in the $10m round for Fclub was Zero2IPO Ventures, the venturing unit of China-based data researcher and investment manager Zero2IPO.
CCB starts media fund
The CCB International Cultural Industry Private Equity Fund will invest in broadcasting, film and publishing industries. The first deal is Beijing Galloping Horse Film & TV Production Company.
Dianping gains $100m
News provider PEDaily said venture capital firms Trust Bridge Partners, Sequoia Capital, Qiming Venture Partners and Lightspeed Venture Partners provided the C round, without Google.
O’Reilly tries on Betabrand
Venture capital firm Morado Ventures also participated in the $1.3m A round, while OATV’s Mark Jacobsen will be joining the Betabrand board.
Cianna Medical gains Novo backing
As part of the $12m B round investment, Heath Lukatch and Tiba Aynechi, a partner and principal in Novo Ventures respectively, join Cianna’s board.