Alongside KBS+P Ventures in the round were venture capital firms and angel investors.
Month: June 2012
Axial Exchange finds its MRemedy
Venture capital-backed Axial Exchange has acquired MRemedy, a company formed in 2010 by DoApp (a mobile services firm originally named PagePow) and healthcare provider Mayo Clinic. Canaan Partners, Axial’s lead venture capital investor, and Mayo Clinic both invested in Axial Exchange to complete the deal, which will provide Axial Exchange with access to consumer content… Continue reading Axial Exchange finds its MRemedy
White Sky identifies $7.5m
White Sky, a US-based provider of white label security software, has raised $7.5m from venture capital firms Prism VentureWorks and Trinity Ventures and identity theft company Intersections. This latest round takes White Sky’s total since 2006 to $26.5m, according to data provider CrunchBase.
Kyriba heads to Japan
Kyriba is the majority shareholder of Kyriba Japan, with local venture investor and services corporation SunBridge, and angel investors Marc Benioff (chief executive of software provider Salesforce) and Steve Singh (chairman of Concur) as minority direct investors.
CSR, Intel Capital blast Sand 9 to $23m
UK-based wireless technology company CSR and US-based semiconductor company Intel’s corporate venturing unit have helped micro-electromechanical systems company Sand 9 raise $23m. Intel Capital was joined in the series C round by Vulcan Capital, US-based software company Microsoft’s co-founder Paul Allen’s investment vehicle, as well as venture firms Commonwealth Capital Ventures, Flybridge Capital Partners, General… Continue reading CSR, Intel Capital blast Sand 9 to $23m
C8 measures $19m
C8 MediSensors, a US-based diabetes treatment company backed by US-based conglomerate General Electric, has raised $19m. The funding will help C8 MediSensors launch in Europe. C8 MediSensors said its “leading investors” participated in the round. C8 MediSensors uses light, in a process called Raman spectroscopy, to allow diabetics to measure glucose in a monitor. C8… Continue reading C8 measures $19m
Climate Corporation storms to $50m
Google Ventures is reportedly joined backing the insurance programme for farmers by Founders Fund, Khosla Ventures, NEA, Index Ventures, Atomico, Glynn Capital and Western Technology Investment.
Kahr raises $2.6m
The Hadasit Bio-Holdings, a listed portfolio of biotech companies based on intellectual property developed at Israel medical research centre, Hadassah University Hospital, and France-based pharmaceutical group Sanofi, has raised $2.6m at a pre-money valuation of $11m.
Samsung, CrunchFund back Bitcasa
Samsung Ventures and CrunchFund are joined in the series A round by venture firms Pelion Venture Partners, Horizons Ventures, Andreessen Horowitz and First Round Capital.
Bertelsmann, University Ventures enroll at UniversityNow
Germany-based media company Bertelsmann and the university venturing fund it recently backed have joined venture firms Kapor Capital, Novak Biddle Venture Partners and Greylock Partners backing the on-line university network.
ACT takes Pathbrite to $2.5m
ACT, a not for profit education organisation, has helped Pathbrite, a US-based experience documenter, raise $2.5m ACT was joined in the series A round by Rethink Education. ACT’s David Cumberbatch and Rethink Education managing directors, Rick Segal and Matt Greenfield will join Pathbrite’s board. The round takes Pathbrite to more than $4m raised in total.… Continue reading ACT takes Pathbrite to $2.5m
Biedermann Motech strengthens Biomimedica
The Germany-based medical device company invests alongside Troika Ventures in the US-based cartilage replacement company’s latest round.
Endogastric swallows down $13m
Foundation Medical Partners, a venture firm backed by US-based healthcare company Cleveland Clinic, invests in the US-based healthcare company alongside venture firms like Advanced Technology Ventures and Canaan Partners.
Vorwerk adds set to Tennis-Point
Alongside Vorwerk in the round was Omnes Capital, the venture capital firm spun out of French bank Credit Agricole.