US-based online coupon and deal marketplace WhaleShark Media promotes Kelli Beougher to the role.
Month: July 2012
Summit investor makes 4x
The power management chip company backed by Nokia’s corporate venturing unit, reportedly nets a four times return for one of its long-term backers.
GlobeImmune looks to $69m IPO
The healthcare company backed by Celgene and Eli Lilly’s corporate venturing unit files to list on Nasdaq.
Sinosun flotation rises
Intel Capital-backed Sinosun rose nearly 10% in its first day of trading on Thursday.
Gobi in Corous360 deal
Gobi, which is backed by strategic investors including IBM, McGraw-Hill, Nokia Growth Partners, NTT DoCoMo, and others, backs the Singapore-headquartered games cloud company.
Strategics eye Pappas fund
Strategic corporates are reportedly set to back venture firm Pappas Ventures’ latest fund, which could exceed $300m, according to news provider PE Hub.
SEB backs Apica
The series C round was led by SEB Venture Capital, and joined by venture firms Industrifonden, ALMI Invest, and KTH Chalmers Capital.
OTTLIV to host ninth conference, makes €22.4m
OTTLIV, the technology transfer arm of Assistance Publique-Hôpitaux de Paris will hold its ninth APinnov annual conference on July 2, 2012 at the Paris Chamber of Commerce and Industry, Paris. In 2011, OTTLIV generated €22.4m in revenues – a rise of 32 per cent on 2010. It submitted 50 patent portfolios in fields including biotechnology,… Continue reading OTTLIV to host ninth conference, makes €22.4m
Targeted Growth raises $5m
Bob Woods, the former chairman of Switzerland-based crops company Syngenta, becomes executive chairman, while Bill Kirk and Troy Fukumoto have joined the board.
DynamicOps sells to VMware
Cloud infrastructure company VMware has bought DynamicOps, a US-based cloud automation company, for an undisclosed sum. DynamicOps. originated as a spinoff of Credit Suisse’s information technology unit. Credit Suisse’s Next II corporate venturing group reinvested in DynamicOps’ $11m B round last year, which was led by venture capital (VC) firm Sierra Ventures and joined by… Continue reading DynamicOps sells to VMware
Robert Bosch takes Pyreos to $8.6m
The second round of funding for the UK-based infrared technology company,
deal was led by Robert Bosch Venture Capital, a corporate venturing unit of industrial group Bosch.
Daimler takes stake in Motor Coach turnaround
The bus manufacturing company which dates back to 1933, was bought by turnaround firm KPS Capital Partners two years ago.
Pie Digital carves up $8m
Pie Digital, a US-based device networking company backed by Deutsche Telekom’s corporate venturing unit, has raised $8m. Pie Digital is also backed by venture firm Foundry Group, according to a prior article by news provider VentureBeat. Thorsten Claus, senior investment manager at T-Venture, said: “Consumers and businesses struggle with the management of the plethora of… Continue reading Pie Digital carves up $8m
Jumptap skips to $27.5m
Communications group WPP is joined in the round backing the mobile advertising company by a large institutional investor and various venture firms.