The Visa-backed UK-listed payments company buys US rival Clairmail in an all-share exchange, valuing Clairmail at $173m.
Month: March 2012
Merck invests $35m in fund
US-based healthcare company Merck invested $35m in the Merck Lumira Biosciences Fund yesterday, taking it to $43m raised. The fund is targeting a $50m final closing. The fund was set up by a Merck subsidiary in collaboration with venture firm Lumira Capital, and fund of funds Teralys Capital, which is also investing in the fund, and other… Continue reading Merck invests $35m in fund
Tracelytics uncovers $5.2m
Google Ventures-backed Tracelytics raises the money, with Bain Capital Ventures joining the latest round.
Vivotech swipes $96m in its history
The mobile payments company backed by corporates including SingTel, Citi and First Data, raises the first trance of a series D round.
Azelon raises $5.2m
Azelon Pharmaceuticals, an osteoporosis treatment company, previously backed by GlaxoSmithKline’s SR One before a restructuring, reportedly raises $5.2m in a round, which followed a reshuffling of its leaders of the company.
Leerink Swann is co-lead in Tesaro IPO
Leerink Swann wins the co-lead role alongside Citigroup and Morgan Stanley after backing the company’s series B last year.
Impactrx acquires AlphaDetail
The healthcare research company backed by healthcare company Merck’s corporate venturing unit does the deal after selling a majority stake to a buyout firm last year.
High-Tech Gruenderfonds backs SocialMeme
The venture capital firm backed by the German government and many Germany-based corporations invests in the technology of a media monitoring spin-off from Humboldt University.
Vantiv makes 19.1% gains after IPO
Fifth Third payment processing spin-out Vantiv is valued at $4.2bn, three years after private equity firm Advent International bought a majority stake.
Nokia, Microsoft meet on AppCampus
Finland-based phone maker Nokia, which uses software group Microsoft’s mobile operating system, will both fund the $24m programme, AppCampus, over the next three years.
Tremor secures TubeMogul
SAP and Time Warner-backed video advertising company buys rival.
Soesman re-emerges at Greensoil
Soesman, a former corporate venturing executive at Royal Philips Electronics, re-emerges at agricultural investor Greensoil
Clear Channel invests in Ryan Seacrest
Clear Channel’s chief executive describes US radio star Seacrest as an “unmatched creative talent” when it and its private equity backers invested in his investment holding company in January.
Glori Energy raises $20m
Oil recovery company Glori Energy raises $20m in January, with backing from Energy Technology Ventures.