News provider Light Reading Cable said Comcast Interactive Capital and Motorola Mobility Ventures were the two strategic investors, alongside venture capital firm Spark Capital Partners.
Month: May 2011
Soltecture new name for Sulfurcell
In January, Intel Capital, the corporate venturing unit of US-listed semiconductor company Intel, led the investment in Sulfurcell.
Tepha starts C round with $5m
The company said its investors in its series A and B rounds, which raised $15m in total, including from Switzerland-based drugs company Novartis’ corporate venturing fund, and venture capital firms Vertical Group, Integra Ventures and Westfield Life Sciences Fund.
Docomo tunes into Skycross
Alongside Docomo, which already used Skycross as a supplier, are Intel Capital, the corporate venturing unit of chip maker Intel, and venture capital firms TL Ventures, Investor Growth Capital and Gabriel Venture Partners.
BlackBerry earths with Fuse Powered
Marc Faucher, a partner at BlackBerry Partners Fund, said: “Fuse brings a unique, analytics-driven approach to the mobile gaming publishing space that optimizes both game discovery and monetization.”
Time Warner backs BlackArrow
Joan Gillman, president of media sales for Time Warner Cable, joins the BlackArrow board as its C round is extended to $27m.
ETV cleans up with Hara deal
Alongside ETV in the $25m C round for Hara Software was Itochu Technology Ventures, the corporate venturing unit of Japan-based conglomerate Itochu and venture capital firms.
Physic sprinkles on WaterSmart seed
Andrew Williamson, a director at Physic Ventures, said: “WaterSmart brings meter data to life and empowers homeowners with the tools and the personalized data they need to reduce their water use without sacrificing their quality of life. They make it easy and fun to be water efficient.”
CCI sees clearly with ImageIQ spin out
The spin out of ImageIQ followed Cleveland Clinic’s creation in January of an Innovation Alliance with MedStar Health, a $4bn not-for-profit regional health care system based in Maryland.
Gamesa powers up with $70m fund
Gamesa has already bought 28.7% of SkyBuilt Power and 25% in WorldWater & Solar Technologies from its corporate venturing fund.
Google ends search with a Kabam
Joe Kraus, partner at Google Ventures, will join Kabam’s board after co-leading an $85m round for the social games developer.
Merck starts with AdFlow Health
Susan Schramm-Apple at Merck has become a director at AdFlow, according to its regulatory filing.
Vancl tries on US listing idea
News provider International Financing Review (IFR) said the Beijing-based company could soon mandate banks on the initial public offering, which is planned for the final three months of the year.
Morgan Solar shines with $16.5m
Spanish utility Iberdrola Group’s Inversiones Financieras Perseo, and manufacturer Nypro’s New Ventures Group reinvested in Morgan Solar and were joined by investment manager Frost Group.