Advanced Micro Devices’ (AMD) agreed purchase of server maker SeaMicro for $334m is a case where a bit more light would be helpful.
Month: March 2012
AMD buys SeaMicro
In July, SeaMicro raised $20m from a consortium including undisclosed, listed, strategic investors for its series D round.
Yammer bags $85m
The social network for businesses more than doubles its total funding with CrunchFund among the backers.
Mitsui secures Boston Biomedical exit
Mitsui-backed cancer treatment research company Boston Biomedical has sold to its strategic partner Dainippon Sumitomo Pharma, in a deal that could net up to $2.6bn.
Bright Automotive winds down
Bright Automotive, an electric van company backed by corporates including General Motors, Alcoa, Duke Energy, search engine group Google’s foundation and Johnson Controls, blames its closure on the US Department of Energy.
Eye-Fi focuses on $20m
Japan’s NTT Docomo is leading the round with a $14m investment and also becoming the first partner to launch Eye-Fi’s wireless memory card activation via mobile phones, with no computer required to share photos.
RBVC backs Ogmento
A US regulatory filing said the round raised its planed $3.6m from six investors.
RBVC agrees first exit
Germany-based industrial conglomerate Robert Bosch’s corporate venturing unit has made its first exit with the sale of Germany-based gesture control provider Ident Technology. US-based Microchip Technology bought Ident for a reported €30m, according to news provider VentureCapital Magazin. RBVC had first invested in September, in a round alongside VC peers MIG Funds and Danube Equity.
Dropbox sails into Cove.
Online collaboration and communication startup Cove, as well as its ex-Facebook founders, has been absorbed into cloud-based file sharing firm Dropbox.