US-based semiconductor company Intel’s corporate venturing unit has invested in mass notification company AtHoc. Intel Capital led the $5.6m round. AtHoc also announced Arthur Coviello had joined its board. AtHoc is also backed by venture firm Greylock Partners. Lisa Lambert, vice president at Intel Capital and managing director, Software and Services Sector, said: “With increasing… Continue reading Intel Capital in AtHoc move
Month: June 2012
Rogers snaps for ThisLife
Canada-based media company Rogers Communications’ corporate venturing unit has reportedly helped ThisLife, a US-based cloud photo sharing company, raise $2.75m. The deal was led by venture firm Madrona Venture Group. Also in the round were Rogers Venture Partners, Morado Ventures, and former AOL exec Brad Garlinghouse, news provider All ThingsD said.
Nations Lease invests in EZ Lease
The US-based rental guaranty company backs another company in its market.
Gaikai eyes $500m exit
The US-based cloud gaming company backed by Intel Capital and Qualcomm Venture is reportedly attempting to raise $500m from a sales process.
Facebook likes look of Face
The social network buys the Israel-based personal identification software company backed by Russia-based search engine Yandex. News provider TechCrunch says Facebook has paid $100m.
Chevron helps Panzura raise $15m
Chevron Technology Ventures is joined in the series C round for the cloud storage company by venture firms Opus Capital, which led the round, as well as Matrix Ventures and Khosla Ventures.
Europe to corporates: prop up VC
European investors in private equity look to both corporates and government for more support of the venture industry, after more than one third of investors in the continent have lost money in venture.
Offline revolution takes shape
Robotics and three-dimension (3D) manufacturing recast the physical world.
The Big Deal: Two utilities team up at Topell
RWE Innogy’s corporate venturing unit combining with Vattenfall-backed Yellow & Blue Investment Management have teamed up to back biomass company Topell.
BBC Worldwide launches quasi-accelerator
Between now and September, five UK-registered companies will be selected to take part in the scheme, based in the BBC Media Centre in White City, London.
Siemens, British Gas charge up Power Plus
Siemens and British Gas are joined by Climate Change Capital Private Equity, backing the Germany-based smart grid company.
Razor’s Edge cuts into Near Infinity
Razor’s Edge Ventures is joined backing the software development services company by venture firm Columbia Capital.
Oxford Immunotec injected with $28m
US-based materials company the Dow Chemical Company and the corporate venturing unit of US-based healthcare group Kaiser Permanente back the medical diagnostic company.
Telefonica sells Unicom stake for $1.4bn
The stake is reportedly one of more than 2000 minority stakes bought by Western group in the country, according to news provider Financial Times.