Johnson & Johnson Development Corporation backs the Israel-based company which specialises in healing wounds – a market need its founders became interested in during the Israel-Lebanon war [pictured].
Month: August 2011
SingTel acquires a quarter of Sentilla
SingTel Innov8’s investment in energy management software company Sentilla takes its overall funding to more than $15m.
Plimus journey ends at Great Hill
Susquehanna-backed e-commerce platform Plimus sells to private equity firm Great Hill for a nine figure sum ten years after it was founded.
Nexon backs 6waves LoLapps
Nexon, a South Korea-based gaming company, has provided funds for the newly merged social gaming company 6waves LoLapps, the maker of Resort World.
Best Buy nets a sale with Dashwire
Best Buy Capital is one of the backers of Dashwire, a smart phone application company sold to Taiwan telecommunications company HTC.
Cash to spend on investing
US investment grade bond yields return to 1966 levels, which, along with bumper cash balance sheets, will lead to the money being used – in one way or another.
Philo reacts enthusiastically to Local Response
Local Reponse, which is backed by Blackberry, Qualcomm and Verizon, has expanded its social network-based advertising model by acquiring the TV-oriented Philo.
Google Ventures learns to love Airy Labs
The social gaming start-up becomes the latest online company to get funding from Google.
Sam Brasch joins Kaiser Permanente
The executive joins the US healthcare company’s corporate venturing unit from Frazier Healthcare Ventures.
Dow Chemical aims with Primet Precision
Previously backed by Morgan Stanley, Primet becomes the latest clean-tech company to garner investment from Dow Chemical.
Asian groups team up for $24m fund
The largest investor in the fund is real estate group Shin Kong.
MediaTek pays for Spice Digital’s taste
The semiconductor maker adds to its investment in Asia with a step into the Indian mobile market.
Tudou lines up $180m listing
The China-based video sharing website led by Gary Wei Wang is 11.4% owned by a unit of International Data Group.
Case Study: Brightstar
A shining example of incubation strategy by BT”s former subsidiary.