Just Dial, an India-based search engine backed by Germany-based technology company SAP, has reportedly filed for an initial public offering.
Month: August 2011
Google-backed WhaleShark swallows sixth company
The daily deals company has raised at least $150m for its consolidation attempt, which it began two years ago.
IDG-backed Tudou raises $174m
The Chinese company, 11.4% owned by International Data Group, and led by founder Gary Wang, prices its initial public offering at the middle of its range.
AliveCor’s pulse beats with $3m
The corporate venturing unit of US-based technology company Qualcomm and US-based merchant bank Burrill & Company have helped US-based heart testing company AliveCor raise $3m. Qualcomm Ventures and Burrill were joined by Oklahoma Life Sciences Fund in the series A round for AliveCor, which makes mobile applications for heart monitoring. A promotional video for AliveCor’s… Continue reading AliveCor’s pulse beats with $3m
Google grasps $500,000 Nettle
The US-based search engine backs the seed round of mobile and social application developer Nettle, which has been running for less than a year.
WPP-backed Buddy Media toasts $54m
US-based social media management platform Buddy Media has raised $54m in series D funding. Insight Venture Partners joined its fellow venture capital (VC) firms Bay Partners, GGV Capital and Institutional Venture Partners (IVP), all of which were existing investors, in the round. WPP Digital, a division of the global communications company WPP, backed Buddy Media… Continue reading WPP-backed Buddy Media toasts $54m
Ixigo travels to $18.5m with MakeMyTrip
MakeMyTrip takes a near 20% stake in India-based travel aggregator Ixigo, while private equity partner Saif Partners buys a majority.
Novartis helps breathe $14m into Pulmatrix
Bio-tech diagnostic company Pulmatrix has taken its funding past the $60m with a round backed by the Switzerland-based pharmaceutical company Novartis, among others.
Interpublic’s $133m Facebook friendship
Interpublic’s five year-backing of the social network nets a large return on a reported original investment of less than $5m.
Gattamneni begins Venture Pursuit
Gattamneni is now managing director of Venture Pursuit. His two directors are Dimitrios Stoimenou and Gudrun Herrmann.
Dittmer joins Gilde’s team
Janke Dittmer (pictured), one of the first employees of Netherlands-based healthcare company Royal Philips Electronics’ corporate venturing incubator, has joined local private equity firm Gilde as a partner. The move follows Philips providing the cornerstone commitment to the planned €200m ($250m) Gilde Healthcare Partners fund in August last year. As one of the fund’s anchor… Continue reading Dittmer joins Gilde’s team
Firms jump aboard dedicated SoMoLo funds
The Intel Capital Ultrabook fund launch follows the $100m A-fund to support the open-source Android mobile phone operating system and the $250m sFund to help Facebook’s social media platform, all announced in the past 10 months and in the wake of the success of the iFund for Apple products.
T2 is back for its series D round
US-based medical diagnostics company T2 Biosystems has closed a $23m series D round of financing led by US-based investment firm Aisling Capital. Also participating in the consortium was Physic Ventures, a corporate venturing fund backed by, among others, consumer goods conglomerate Unilever, food and beverages multinational Pepsi and health insurance company Humana. Physic had previously… Continue reading T2 is back for its series D round
Google soars with Rocket Lawyer
Rocket Lawyer, a US-based online legal services company, has raised $18m in its series D round with the backing of Google Ventures, the US-based search engine’s corporate venturing unit. Google Ventures was joined by Investor Growth Capital (IGC), the venture capital division of Sweden-based investment firm Investor AB, and venture capital firm August Capital, which… Continue reading Google soars with Rocket Lawyer