Rob Fernandez will lead the Wells Fargo team of six in San Jose, California, while peer SVB will start its UK bank in January and plans others in India and China.
Month: June 2011
SolarBridge crosses into bright future
SolarBridge raises a $19m series C investment typifies the cleantech company’s current expansion.
Citi Ventures finances Billing Revolution
US-based banking group Citigroup is seeking ways to help customers make purchases more quickly and more easily.
Alstom holds back AWS tide
Alstom takes 40% stake in AWS Ocean Energy.
Citrix accelerates Core Mobile Networks
Core Mobile said it was part of the Citrix Startup Accelerator Program with funding from Citrix and working out of its offices in Santa Clara, California, and would be raising venture capital in October.
Kaplan learns about ProtonMedia
Venture capital firms Originate Ventures and Osage Venture Partners reinvested alongside Kaplan Ventures after backing ProtonMedia’s $2.5m series A round.
Best Buy hears Valencell
Best Buy Capital, the corporate venturing unit of US retailer Best Buy, has led the $5.5m series B round for local mobile health and fitness company Valencell.
SAP secures Ping Identity
Ping Identity nearly doubles funding with $21m series D round from a consortium including SAP Ventures.
Leerink Swann grows into Tesaro
Tesaro is focused on cancer-related products having licensed two programmes from Opko and Amgen since December and just raised $101m.
Qualcomm listens into We7
Alongside Qualcomm Ventures in the round for We7 were angel investor and musician Peter Gabriel and venture capital firms Eden Ventures and Pentech Ventures.
China Steel steps into Green Zone
A board of directors meeting sees the East Asian steel company make a move into clean energy.
SEB hears potential in Actiwave
Advanced audio technology is music to the Scandinavian fund’s ears.
BlueCross marks Indian deal
Alongside BlueCross in the consortium providing R20.5 crore ($4.5m) to Wellspring are corporate venturing peer Reliance Venture Asset Management and venture capital firm Catamaran.
Anaphore hires Grayson as boss
Paul Grayson was previously chief executive of Fate Therapeutics, managing director of venture capital firm Sanderling Ventures and founding executive chairman of Senomyx.