AAA July 2012 – Page 4

Sparkle Roll pumps up the volume at B&O

Sparkle Roll, a China-based luxury goods dealership, has taken a 7.71% stake in Denmark-based audio and video company Bang & Olufsen along with A Capital, a Euro-China growth capital fund, for Dkr182m ($30m). Andre Loesekrug-Pietri, chairman and managing partner of A Capital, has joined Bang & Olufsen’s (B&O) board. Loesekrug-Pietri said:  “B&O is an iconic… Continue reading Sparkle Roll pumps up the volume at B&O

Google Ventures helps Egnyte raise $16m

US-based search engine Google’s corporate venturing unit has helped Egnyte,  a US-based file sharing company, raise $16m. Google Ventures was joined in the series C round by venture firms Kleiner Perkins Caufield & Byers and Polaris Venture Partners. Karim Faris, a partner at Google Ventures will join the baord of Egnyte. Karim Faris, Partner at… Continue reading Google Ventures helps Egnyte raise $16m