AAA February 2012 – Page 2

OpenX studies and extracts LiftDNA

Corporate backed digital advertising technology company OpenX acquired LiftDNA, the US-based developer of a supply side advertising platform, on Monday for an undisclosed amount. LiftDNA chief executive Vadim Telyatnikov revealed in an interview with digital media news site AdExchange that the company had received seed funding from state-funded investment entity Ben Franklin Technology Partners and… Continue reading OpenX studies and extracts LiftDNA

Chrysalix signs up SABIC and Shell

Chemicals company SABIC, oil and gas conglomerate Royal Dutch Shell and a third, unnamed European industrial group have joined Canada-based venture capital firm Chrysalix Energy Venture Capital’s CELP III Fund as limited partners, the firm disclosed on Thursday. The firms join a host of LPs already involved in the fund including BASF, Citigroup, Credit Suisse,… Continue reading Chrysalix signs up SABIC and Shell

Funding helps Windeln.de learn to walk

Germany-based online baby goods retailer Windeln.de closed its latest round of financing yesterday, having raised "a high seven-figure amount" from Acton Capital, the venture capital firm backed by media group Hubert Burda, as well as corporate and government-backed venture fund High-Tech Gruenderfonds and VC firm DN Capital. All are existing investors, with High-Tech Gruenderfonds and… Continue reading Funding helps Windeln.de learn to walk

CyberAgent shares cash with iSheHui

CyberAgent Ventures, the corporate venturing fund belonging to internet company CyberAgent, has invested RMB10m ($1.6m) in iSheHui, the developer of a social video application for mobile devices, according to Asian business news source Penn-Olson. Though based in Japan, CyberAgent has invested in a series of companies throughout Asia over the last few months, following the… Continue reading CyberAgent shares cash with iSheHui