Various Blue Cross Blue Shield companies have backed health rewards-based marketing and incentives company Everymove.
Month: May 2012
Frenzoo games to $1m
The 3D lifestyle gaming company wins strategic backing from Metaverse Services, a China-based gaming company.
General Electric, XD form partnership
General Electric and XD Electric have formed a partnership to deliver electric transmission and distribution.
Mountain Cleantech recruits Dietrich, Söderlund
Venture firm Mountain Cleantech has added Marc Dietrich and Patrik Söderlund as venture partner for it German-speaking and Nordic regions respectivwely. Dietrich spent 8 years as global co-head corporate & investment banking / automotive at BNP Paribas Corporate and Investment Bank, part of the eponymous France-based bank. He also worked in senior management positions at… Continue reading Mountain Cleantech recruits Dietrich, Söderlund
Prime Telesystems dials up $60m
Intel Capital-backed Prime Telesystems reportedly raises funds from an unnamed Asia-based telecoms company.
BGF drinks to Wear Inns $15.7m round
The Bank-backed investment fund buys into the pub chain, which runs 15 sites.
Bubble Motion chief architect leaves to join Redmart
The employee of the Singtel Innov8 and Comcast Interactive Capital-backed social messaging company join online marketplace Redmart.
Paypal, Softbank form joint venture
The “PayPal Japan” joint venture is expected to be led by Japan-based technology company Softbank’s Hiroaki Kitano.
IP Wireless sells to General Dynamis
The wireless communications company had been reportedly backed in a $15.5m round by defence companies Lockheed Martin and Northrop Grumman in 2009.
Rib-x postpones IPO after slashing price
The antibiotics developer backed by SR One and MedImmune Ventures postponed its initial public offering a day after it halved the planned price of its float earlier this month.
ETV, Chevron take Zilift to $7m
Energy Technology Ventures and Chevron Technology Ventures are joined in the round by Jebsen Asset Management, which invests on behalf of the Kristian Gerhard Jebsen shipping company, and venture firms Energy Ventures, Viking Venture, and Investinor.
Adaptly raises $10.5m
Time Warner Investments is joined backing the US-based social media ad buying company by venture firm Valhalla Partners as well as businessman Vivi Nevo.
Etsy crafts $40m
The craft e-commerce website raises funds from Germany-based media group Hubert Burda Media as well as venture firms Union Square Ventures, Accel Partners, and Index Ventures.
Moviepilot’s second take is $7m
Deutsche Telekom is joined backing the Germany-based film recommendation and discovery platform by venture firm DFJ Esprit and Creative Industries Berlin.