US-based law firm Fenwick & West’s corporate venturing unit os joined by Menlo Venture and Comerica Bank, back the online media company.
Month: May 2012
Allot calls into Ortiva
Israel-based bandwidth management company Allot buys the US-based mobile services enhancement company landing an exit for Intel Capital andComcast Interactive Capital, now Comcast Ventures.
Brand Affinity endorsed with $7.5m
The US-based celebrity endorsement company raises the funds with backing from Germany-based advertising company Ad Pepper Media, after reporting a 70% rise in gross billings in 2011.
Gree thrills Funzio with $210m
The maker of internet game Crime City, backed by two International Data Group corporate venturing units, opts for the exit instead of a reported follow-on $50m venture round, which was said to be planned at a higher valuation.
Signpost points to $3.75m
The Google Ventures-backed local deals company has raised its A round led by Spark Ventures, after sealing seed backing in 2010 from Google Ventures and Spark.
Infinite Power charges up with $10m
The US-based rechargeable battery company wins backing from Applied Ventures and In-Q-Tel, as well as DE Shaw Ventures and Generation Investment Management among others.
OnPoint lifts up Blue Pillar to $7m
OnPoint Technologies, part of the US army, was joined backing the energy asset management software company by venture firms including Clarement Creek and Arsenal.
Salesforce.com seals latest Y Combinator buy
Salesforce.com buys Stypi, a text editing company, which launched with backing from incubator programme Y Combinator last year.
Autoharvest brings in Anderson as director
Thomas Anderson, from technology business association Automation Alley, joins Autoharvest, a corporate-backed open innovation foundation.
High-Tech Gruenderfonds laps up Futalis deal
The Germany-based dog food company is backed in a seed deal, by the state-backed fund supported by industrial groups.
Trinean strings together $3.5m
IMEC, the micro and nano-electronic research centre is joined by Baekeland II Fund, the investment fund of Ghent University and Vesalius backing the company.
BGF lasers in on M Squared
The UK’s Business Growth Fund backs the Scotland-based laser company.
BioReference looks up IncellDx
Nasdaq-listed BioReference Laboratories acquires 20% to 25% of US-based molecular diagnostics company.
Microsoft pumps $300m into Nook
US-based technology company Microsoft takes a stake in Nook, Barnes & Noble’s e-reader.