The loyalty and rewards network has raised capital from Bertelsmann and kbs + p as well as VC firms, in its latest round.
Month: September 2011
Apprupt applies itself to new round of capital
The advertising performance network for online apps has raised funding from existing investors including corporate venturing unit T-Venture.
Kythera raises more than just cosmetic funding
The Bayer-partnered biopharmaceutical company has closed a further round of funding, taking its overall equity to almost $100m.
The BGF hires two more directors
Andy Gregory and Marion Bernard have joined the fund as regional directors.
Skorpios gets its pincers into further capital
US-based optical communications company Skorpios Technologies closed a $19m round of series B funding on Thursday with investment from Germany-based telecommunications firm Nokia Siemens Network and Sweden-based telecommunications company Ericsson. Skorpios first formed a partnership with Nokia Siemens Networks in March to create more advanced optical networking solutions. Other investors included venture capital firms Sun… Continue reading Skorpios gets its pincers into further capital
DSM sells a slice of itself to Viocare
Netherlands-based industrials firm DSM sold its DSM Personalized Nutrition division to US-based healthcare technology company Viocare on Tuesday for an undisclosed amount. DSM was already an investor in Viocare through its corporate venturing unit, DSM Venturing, from February 2009, and will continue its involvement as a minority shareholder. The move follows DSM’s announcement in September… Continue reading DSM sells a slice of itself to Viocare
Horizon reaches for the sky
The biopharmaceutical company has extended its series C round with funds from investors including Roche.
SchemaLogic makes the SmartLogic choice
UK-based information retrieval software company SmartLogic acquired US-based data sharing software developer SchemaLogic on Thursday for an undisclosed amount. Chevron Technology Ventures, the corporate venturing unit belonging to oil major Chevron, invested an undisclosed amount as part of an agreement for Chevron to use SchemaLogic’s technology in its Global Information Link initiative, in October 2007.… Continue reading SchemaLogic makes the SmartLogic choice
Chegg makes textbook move for Zinch
Textbook rental company Chegg will acquire Zinch, with a view to creating a fuller and more wide ranging service.
Governments unfairly penalise corporates
The legacy of the credit crunch should not be further opportunities for regulatory and tax arbitrage but a re-examination of the systemic factors that underpinned it – starting with reliance on debt and roadblocks in the way of innovation, including limits on corporate venturing.
DreamIt Ventures enters Take The Interview
DreamIt Ventures has also enrolled 15 companies for its fifth accelerator programme (its fourth in Philadelphia).
Fingerprint Digital helps kids
K2MediaLabs, Nasdaq-listed publisher THQ, Reed Elsevier Ventures, the corporate venturing unit of the eponymous UK-listed publisher, and Suffolk Holdings, an investment, development and advisory company established to promote interactive business in educational and social media and medical technology, provided $1.5m.
Investors hurry into Quixey
Other investors in the round included venture capital firms US Venture Partners and WI Harper Group, with participation from Google chairman Eric Schmidt’s Innovation Endeavors venture capital firm.
Intelligize finds $1.5m in search
Kevin Brown, a partner at REV, is on Intelligize’s board, according to its regulatory filing.