US-based web analytics company Chartbeat secured $1m in debt funding on Friday, following on from a $2.9m seed round raised in September 2010. Investors in the latest round were undisclosed but the seed round was backed by O’Reilly Alphatech Ventures, the corporate venturing unit operated by media corporation O’Reilly Media, as well as venture capital… Continue reading Investors listen to Chartbeat
Month: January 2012
Novartis pumps new cash into Akebia
US-based Akebia, which develops treatments for blood cell deficiency disease anemia, has raised a further $4.1m in series B funding, bringing its total financing for the round to more than $26m.
Socialware makes friends with Morgan Stanley
Morgan Stanley and Crunchfund are among the investors in the $7m series C round for social media marketing firm Socialware.
Life science CEOs turn to corporations
30% of CEOs in the sector say they would tap corporate venture capital as a finance source in the next 12 months, versus 10% who did so in the past 12 months.
InfoBlox networks way to IPO
The Duchossis-backed computer networking firm is looking to raise up to $125m when it floats.
Softbank, Hearst up to date with Buzzfeed
Buzzfeed, which tracks the most shared content on the web, has picked up $15.5m as it looks to break into original reporting.
Apogenix secures €7.5m
Apogenix, which spun out from the German Cancer Research Center, the largest biomedical research institute, raised €7.5m ($9.6m) in a round led by Apogenix investor Dievini Hopp BioTech, the life sciences investment firm of Germany-based software company SAP co-founder Dietmar Hopp. The round was also participated in by the German Cancer Research Center. Apogenix is… Continue reading Apogenix secures €7.5m
Gilde investing Philips fund
Gilde is deploying its Philips-backed healthcare fund, which the corporate venturing unit backed in 2010. Philips’ Janke Dittmer [pictured] joined Gilde as a partner last year.
Sky beams into Zeebox
BSkyB teams up with internet television company Zeebox, co-founded by the man who developed the BBC’s iPlayer, in a wide-ranging strategic partnership.
Sezmi fits the KIT Digital vision
Video management software company KIT Digital has acquired the assets of broadband TV company Sezmi, which suspended its broadcast service in September.
Syndexa finds a way to Mitsubishi cash
US-based biopharma company Syndexa Pharmaceuticals secured $8.5m in series B1 funding from backers including MP Healthcare Venture Management (MPH), a venture capital firm which acts as a subsidiary of pharmaceutical concern Mitsubishi Tanabe Pharma Corporation and its parent company, Mitsubishi Chemical Holdings. Also participating in the B1 round was the founder of electronics hardware maker… Continue reading Syndexa finds a way to Mitsubishi cash
NeuroTherapeutics avoids pain in funding
The biopharma company has taken its overall funding past the $60m mark, with participation from pharmaceutical corporations Pfizer, Novo and GlaxoSmithKline.
Dean boards Urban Airship
Ex-Skype CSO Christopher Dean joins the Salesforce and Verizon-backed marketing software company as its chief revenue officer.
SSE Ventures sells portfolio to SEP
SSE’s corporate venturing unit has sold nine of its portfolio companies to Scottish Equity Partners for an undisclosed sum today. SSE will also invest in a £95m green fund, Environmental Energies Fund, set up to take charge of the assets. SSE has also agreed to add up to five of its other portfolio companies to… Continue reading SSE Ventures sells portfolio to SEP