AAA August 2011 – Page 8

Solvay lights the way forward for Plextronics

Belgium-based chemicals conglomerate Solvay has invested $15m in the US-based organic lighting company Plextronics, making Solvay its largest minority shareholder. Solvay had previously invested in two other Plextronics rounds Solvay led Plextronics’ latest round, which raised $14m in August 2009, and was the largest investor in the first close of its series B round, contributing $10m… Continue reading Solvay lights the way forward for Plextronics

Act-On snaps up Marketbright’s assets

US-based cloud marketing company Act-On software has acquired the assets of US-based e-marketing automation company Marketbright. Act-On completed a series C round of funding in June, raising $10m from investors including US-based consumer electronics conglomerate Cisco Systems. The round was led by Trinity Ventures and also participated in by fellow US-based venture capital firms U.S.… Continue reading Act-On snaps up Marketbright’s assets