Microsoft has fleshed out its ambitious seed programme announced last year.
Month: June 2011
Google and AOL back Shopobot
Internet companies Google and AOL have invested in the seed round of a company, set up only six months ago, which analyses the prices paid on the internet.
Google eyes 50% return as HomeAway sets range
The US-based search engine reportedly took an about $25m stake, which looks set to be worth more than $37.5m after holiday website HomeAway set its listing range.
Siemens takes Tendril to $25m round
Germany-based industrial conglomerate Siemens’ corporate venturing unit has backed US smart grid company Tendril, which has allowed the company to raise $25.3m of a planned $30m series D round, according to its latest regulatory filing. Tendril is backed by US-listed industrial conglomerate General Electric, US venture firms VantagePoint Venture Partners, RRE Ventures, Vista Ventures and… Continue reading Siemens takes Tendril to $25m round
Solvay and Sumitomo charge up Acal
The pair’s investment has helped fuel cell maker Acal roughly double the money it has raised in its history.
Citrix and Juniper join for Cotendo
The latest $17m round takes the amount raised by US technology company Cotendo to at least $36m.
GM and Mitsui bused into Proterra
GM reportedly said it has invested $36m in start-ups and more investment is coming soon.
Time Warner-backed AdMeld sells to Google
The advertising search site bought by Google has received $30m in venture funding since its launch in 2007.
Hearst splits Pandora’s shares box in two
Hearst Corporation was the only shareholder in Pandora Media with a more than 5% stake to sell down shares as part of the initial public offering to reap about $64.8m in pre-charge profits.
IDG backs Telltale gaming growth
International Data Group invested in Telltale Games alongside Granite Ventures, taking the amount raised by the company to at least $14.4m.
Adobe-backed Bunchball raises $6.5m
The website, which uses techniques employed in gaming, has now raised at least $12.5m.
Glaxo joins Merck at HTG
The corporate venturing arm of GlaxoSmithKline has joined peer Merck in backing a genetic diagnostics company. One of Glaxo’s executives has joined HTG’s board.
Dragons lie in emerging markets
South Africa-based Fundamo’s exit to exit while US firms pile into Prosper signal where the innovation has already been happening.
CompuCredit prospers with latest deal
Alongside CompuCredit in backing Prosper were venture capital firms Draper Fisher Jurvetson, Crosslink Capital, Accel Partners, Omidyar Network, TomorrowVentures, QED Investors and Volition Capital.