US-based parking technology company Parking In Motion (PIM) closed its series A round on Wednesday, having raised an undisclosed amount from IDG Ventures, the US-focused corporate venturing unit of technology media conglomerate the International Data Group, and investment firm Fontinalis Partners. PIM provides real-time parking data for more than 500 cities across North America through… Continue reading Parking In Motion finds a space for investment
Month: September 2011
Comcast Ventures erects new portfolio company
Comcast Ventures, the corporate venturing division of US-based cable and telecommunications corporation Comcast, has launched an additional portfolio company known as CTI Towers. Comcast Ventures was formed in May when Comcast’s previous corporate venturing unit, Comcast Interactive Capital, merged with NBC Universal’s Peacock Equity Fund as part of Comcast’s acquisition of the media conglomerate. CTI… Continue reading Comcast Ventures erects new portfolio company
BlackBerry Partners Fund helps set up mDialog
The online advertising service has closed a series A round, financed by the corporate-backed fund.
No halt to Yieldex funding
US-based online advertising optimisation company Yieldex secured $10m of investment today in a series C round led by Hearst Interactive Media, the corporate venturing division of US-based media conglomerate the Hearst Corporation, and venture capital (VC) firm Triangle Peak Ventures. The investors in the round also included online retailer Amazon.com, VC firms Sequel Venture Partners… Continue reading No halt to Yieldex funding
Google and Intel take a taste of SweetLabs
US-based software developer SweetLabs closed a series C funding round worth $13m, led by corporate venturing unit Intel Capital yesterday. Also participating were Google’s corporate venturing division, Google Ventures, and venture capital firm Bessemer Venture Partners. Founded in 2008, SweetLabs creates products that aid software developers, the first being the advertising network OpenCandy. Open Candy… Continue reading Google and Intel take a taste of SweetLabs
For Google, all signs point to Yesware
US-based e-mail productivity service Yesware closed a $1m of series A round on Tuesday with corporate venturing unit Google Ventures, venture capital firm Foundry Group and several angel investors making up the backers. Yesware is a software that increases e-mail productivity for businesses with the use of analytical tools, customisable templates and customer relationship management… Continue reading For Google, all signs point to Yesware
FastCall411 gets up to speed
The telephone sales automation start-up has received a second round of investment from 500 Startups, following its funding from the Twilio Fund.
Mousse and Parkview join The Luxury Club
The China-based online luxury retailer has followed its strategic marketing agreement with Taobao by closing its seed round.
Iversity learns the method for gathering capital
The academic platform has gained series A financing as it looks to stretch its service across Europe.
Zenverge meets with backers for series D
Zenverge has attracted a mixture of new and existing investors for its series D round, including Motorola Mobility and semiconductor counterpart Entropic.
Power Assure satisfied by ABB’s interest
US-based Power Assure raised $13.5m in series B funding on Monday from investors including power and automation corporation ABB, venture capital firms Draper Fisher Jurvetson (DFJ) and Judith Point Capital, and investment firm Good Energies backed by the Brenninkmeijer family. ABB invested $1.5m in Power Assure in September 2010, bringing Power Assure’s series A round… Continue reading Power Assure satisfied by ABB’s interest
CardioKinetix gets to the heart of a $44m funding round
US-based medical device company CardioKinetix closed a two tranche round of series E financing worth $44m on Tuesday. The round was led by venture capital (VC) firms SV Life Sciences and New Leaf Venture Partners. Further participation came from financial services firm JP Morgan’s corporate venturing unit, JP Morgan Partners, and H&Q Healthcare Investors, the… Continue reading CardioKinetix gets to the heart of a $44m funding round
Steamboat sales away from 56.com and Glauser
Olivier Glauser, a venture partner and managing director of Steamboat Ventures in China, has left to join a start-up while the corporate venturing unit has separately sold 56.com to Renren.
Neo Technology’s stays true to $10m
US-based database company Neo Technology closed a $10.6m round of series A funding on Wednesday, led by Fidelity Growth Partners, the corporate venturing division of US-based financial services firm Fidelity Investments. Venture capital funds Sunstone Capital and Conor Venture Partners made up the investors in the round, having previously co-led Neo’s $2.5m seed round in… Continue reading Neo Technology’s stays true to $10m