GoAhead raised its $3.3m in January 2002’s series D round from venture capital firms Cedar Grove Investments, Columbia Capital and Voyager Capital and corporate venturing units from Motorola and Intel.
Month: September 2011
Goldman calls up ZocDoc
Last month, DST Global, the fund run by Russian businessman Yuri Milner, invested $50m in ZocDoc.
Salesforce snaps up Assistly
Last month, Salesforce had integrated with Assistly before buying the company, after previously been part of the consortium backing Assistly, which had been founded in 2009.
Japan groups set up fund
Japan-based companies Nippon Telegraph and Telephone (NTT), Gree, Mitsubishi UFJ and NEC Biglobe have launched a corporate venturing fund to provide money to early-stage companies.
IDG finds Yiji service worth $20m
As well as IDG Capital, Yiji’s $20m series B round also included venture capital firms Trust Bridge Partners and Hong Kong firm Big Profit.
JustFabulous powders itself with $33m
JustFabulous, a US-based fashion brand and retail website, has raised $33m in its series A round after being incubated by consumer products conglomerate Intelligent Beauty.
Ning glams up with sale
The deal between Glam Media and Ning will create a social media content company with more than 240 million users and 100,000 publishers.
Lipocalyx gains German backing
High-Tech Gründerfonds, the German state and corporate-backed seed fund, and peer GoodVent have invested an undisclosed amount in local healthcare provider Lipocalyx.
WuXi treats itself with Hua Medicine
WuXi set up its corporate venturing unit after the collapse of its $1.6bn merger with Charles River Laboratories in July last year.
Amex pays $30m for Sometrics
Steamboat Ventures-backed Sometrics has sold 3.3 trillion units of its Game Coins virtual currency since launching in 2007, with more than 2 million users spending the currency every month.
Founders tie venture investing together
Personal investment vehicles have been recently taking minority stakes in companies likely to be of interest to corporate venturers.
Giant steps into Alibaba
Giant’s investment by the end of December will be made through an investment in Yunfeng E-Commerce Funds, which is managed by Yunfeng Capital, a China-based venture capital firm co-founded by Alibaba chief executive Jack Ma and Shi Yuzhu, president of New York-listed Giant Interactive.
IDG gets to the Krux
US-based website data management company Krux Digital raised an $11m round of financing on Wednesday from investors including IDG Ventures, the network of corporate venturing funds representing IT media company the International Data Group. Venture capital firm Accel Partners co-led the round with IDG, with participation from unnamed existing investors. Alex Rosen, managing director at… Continue reading IDG gets to the Krux
Visible Measures receives Advance funding
Visible Measures, the US-based analytics and advertising platform for social video, closed its series D funding round yesterday, having raised $13m from investors including the US-based media corporation Advance Publications. The round was led by venture capital partnership DAG Ventures, while other investors included venture capital firms General Catalyst Partners, Mohr Davidow Ventures, and Northgate… Continue reading Visible Measures receives Advance funding