AAA November 2011 – Page 4

Meilishuo’s shopping bag filled with investors

China-based social shopping website Meilishuo.com closed its series C funding round on Wednesday, having raised an undisclosed amount reportedly in the "tens of millions" of dollars. The series C round was led by venture capital (VC) firm Sequoia Capital, with participation by Zero2IPO Ventures, the VC division of VC services firm Zero2IPO, as well as… Continue reading Meilishuo’s shopping bag filled with investors

Electric funding results for Fisker Automotive

US-based hybrid electric sports car manufacturer Fisker Automotive has secured $58m of a planned $150m funding round . Fisker is yet to disclose the investors in the latest round but past investors include advanced battery company A123 Systems, which participated in a $202m May 2010 round followed by $190m round in March, and which also… Continue reading Electric funding results for Fisker Automotive

LinkedIn shareholders cash in

Business-oriented social networking website LinkedIn priced the 8.75 million shares for its follow on-public offering at $71.00 on Wednesday. Of the shares released, 1.3 million were sold by LinkedIn with the remaining shares sold by stockholders. Those stockholders included SAP Ventures, the corporate venturing fund belonging to software corporation SAP. SAP Ventures divested 28,000 (or… Continue reading LinkedIn shareholders cash in

Angie’s List raises $114m from IPO

US-based social reviews website Angie’s List priced its initial public offering (IPO) at $13 pre share, $114.3m in all, and the shares popped to just under a 45% gain when they  began trading on Nasdaq today. The shares, which are trading on Nasdaq under the ticker ANGI, popped to as high as $18.75 per share,… Continue reading Angie’s List raises $114m from IPO

Axxana looks to Asia with Sumitomo

Presidio Ventures, the US-based corporate venturing division of Japan-based general trading corporation Sumitomo, invested an undisclosed amount in Israel-based data recovery software firm Axxana on Wednesday. Prior to Presidio’s funding, Axxana had raised $14m in financing over two rounds. Axxana’s series A raised $5m from venture capital (VC) investor Gemini Israel Funds, in 2007, and… Continue reading Axxana looks to Asia with Sumitomo