Kbs+p Ventures-backed PlaceIQ receives its second round of funding this year, after the personalised advertising company was launched in 2010.
Month: December 2011
Martini Media toasts to $13m
Venture arm of Reed Elsevier helps high end advertising firm raise $13m.
Silver Spring gets golden $24m
The smart grid technology company has raised $24m in debt financing as it prepares for its initial public offering.
Venture funding fears rise
The venture capital and entrepreneur respondents to a NVCA/Dow Jones survey also tip Barack Obama to win next year’s US election, with Mitt Romney expected to win the Republican nomination.
Samsung helps IntegenX track DNA
IntegenX, which specialises in the use of DNA for human identification, raises $40m in a series C round financed by backers including Samsung and In-Q-Tel.
Apple eyes all of Anobit
The Intel Capital-backed memory storage chip manufacturer is reportedly a potential target for Apple, with $400m to $500m being offered.
Cleveland Clinic gets early Christmas present
Cleveland Clinic Innovations, the commercialisation and corporate venturing unit for academic medical centre Cleveland Clinic, received its largest ever gift last week, from James C. Justice II, a businessman with a reported $1.1bn in assets. Justice and his wife Cathy contributed $10m of an overall $11m donation, intended to finance economic development in Ohio, the… Continue reading Cleveland Clinic gets early Christmas present
CiiNOW provides platform for Alcatel-Lucent
The cloud gaming platform developer has raised series A financing from backers including France-based telecom company Alcatel-Lucent.
Nokia connects with Innovis
Nokia Growth Partners, the corporate venturing unit belonging to telecom conglomerate Nokia, invested an undisclosed amount in India-based telecommunications networking services company Innovis Telecom Services yesterday. Innovis provides end-to-end services covering the building of networks for wireless and broadband telecommunications networks. Although Innovis currently has a presence in several African and Asian countries, it plans… Continue reading Nokia connects with Innovis
xAd marks the spot for Softbank
US-based local mobile advertising network xAd raised $9m in funding yesterday from Softbank Capital, the venture capital (VC) firm affiliated with telecom, internet and media conglomerate the Softbank Group, as well as financial services firm the Silicon Valley Bank, VC firm Emergence Capital Partners and VC fund Palisades Ventures. xAd has now raised a total… Continue reading xAd marks the spot for Softbank
BrightFarms harvests funding
Hydroponic greenhouse company BrightFarms closed a $4.3m funding round on Monday with participation from Emil Capital, the US-based investment unit for Germany-based retail group Tengelmann, as well as venture capital firm NGEN Partners and Ted Caplow, the founder of BrightFarms. The series A round follows a round of seed funding in May that raised an… Continue reading BrightFarms harvests funding
ION and SightLine see things the same way
Cancer management and advisory firm Integrated Oncology Network (ION) joins Comvest, Capricorn and Atlantic Health Group in backing cancer treatment business SightLine.
Iron.io floats on $1.4m
The US-based cloud company raises its seed round from investors including Citrix one year after its founding.
The sun shines on Tigo
The solar module manufacturer has raised $18m just one month after receiving a $5m investment.