Parse, graduate from accelerator Y Combinator, has raised $1.1m in its seed round from a consortium including search engine Google’s corporate venturing unit. Alongside Google Ventures, were venture capital firms Y-Combinator, Menlo Ventures and Ron Conway’s SV Angel.
Month: July 2012
Enterproid raises $11m
Enterproid, a US-based maker of the Divide Platform for enterprise mobility, has raised $11m in series A round from a consortium led by Comcast Ventures, the corportate venturing unit of the eponymous US-listed cable company. Alongside Comcast Ventures in the round were Google Ventures, search engine Google’s corporate venturing unit, and chip maker Qualcomm’s Ventures… Continue reading Enterproid raises $11m
Speakertext searches for Google funding
Speakertext, a US-based company behind the Humanoid software development serivce, has raised an undisclosed amount from a consortium including search engine Google’s corporate venturing unit. Google Ventures is reportedly “putting in a few hundred thousand dollars” in a seed round after the company raised $600,000 in February from angel investor Mitch Kapor and others, according… Continue reading Speakertext searches for Google funding
MobileDay raises $1.5m
MobileDay, a US-based mobile applications company formerly known as Skedul.me, has raised nearly $1.5m from a consortium including search engine Google’s corporate venturing unit. Alongside Google Ventures, were venture capital firms Foundry Group, SoftBank Capital, SoftTech VC, David Tisch’s Box Group, private investment bank DH Capital and David Cohen’s Bullet Time Ventures.
Wittlebee garbs itself with $2.5m
Alongside Google Ventures, were venture capital firms Rincon, which led the seed round, SoftTech, Crosslink and Morado and angel investor Matt Coffin.
Tenxer raises $1m to $2m
Alongside Google Ventures, were venture capital firms Radar Partners, True Ventures, Social+Capital Partnership, Webb Investment Network and Founders Fund Angels and other angel investors including Dave Jeske, David Helfrich, Harris Barton and Ed Vilandrie.
Alcatel-Lucent closes ventures unit
A source inside Alcatel-Lucent said the Ventures unit had been closed earlier this year and Bart Shigemura, vice-president of Alcatel-Lucent Ventures, had left.
What future is to be made?
As Peter Higgs, professor of Edinburgh University, who predicted the existence of what is known officially as the Higgs boson and informally as the god particle in the 1960s, tearfully said at the confirmation of its discovery by the Cern nuclear physics centre: “I am astounded at the amazing speed with which these results have… Continue reading What future is to be made?
The Big Deal: Motor Coach Industries
Daimler’s partnership with KPS Capital Partners is the latest joint deal between a corporate and a private equity firm – it is a type of corporate venturing-style deal which should happen more often.
CyberAgent Ventures opens in Korea
Japan-based gaming company CyberAgent’s corporate venturing unit has opened an office in Seoul. It is also reportedly planning a fund for Korea. The office is CyberAgent Ventures’ eighth, joining Tokyo, Beijing, Shanghai, Shenzhen, Taipei, Ho Chi Minh and Hanoi operations.
Box expands to Europe
The enterprise cloud company backed by Salesforce and SAP’s corporate venturing unit expands to Europe.
Nextech to talk to corporations
Nextech, a Swiss biotech investment firm focused on cancer treatments, is reportedly preparing to begin talks with corporations to be LPs in its next fund. Alfred Scheidegger (pictured), founding partner of Nextech, said it could essentially act as the “outsourced” venture arm of a corporation, according to news provider Private Equity News (disclosure: I used… Continue reading Nextech to talk to corporations
Crunchfund lifts Heavy Bits to $5m
Crunchfund, a venture firm set up with the backing of technology company AOL, reportedly helps Heavy Bits, the company which makes Snapguide, a how to guide for photography, raise $5m.
Sabic, VU Amsterdam heat up solar thermal deal
The Saudia Arabia-based petrochemical manufacturer and the Netherlands-based university work together to commercialise the university’s technology which prevents over-heating of solar collectors.