Alongside Physic in the seed round were VC peers Founders Fund, TomorrowVentures, Altos Health Management and Kapor Capital, and angel investors.
Month: August 2012
Acquia buys Mollom
Acquia, a US-based open source software provider backed by publisher O’Reilly AlphaTech’s corporate venturing unit, has acquired Mollom, which manages spam on user-generated content pages, for an undisclosed amount. Alongside O’Reilly AlphaTech Ventures (OATV) as Acquia backers have been venture capital firms North Bridge Venture Partners, Sigma Partners and Tenaya Capital, the company said. Acquia… Continue reading Acquia buys Mollom
Raydiance lasers in on $20m
Alongside Samsung Venture Investment Corporation (SVIC) in the growth equity funding were venture capital firms Draper Fisher Jurvetson, DFJ-Growth and Greenstreet Partners.
HitFox incubates first two deals
Germany-based games retailer and advertising network HitFox has started an incubator for game distribution business models and developed two companies. Founded last month, HitFox Game Ventures’ latest incubatees are AppLift and Game Finder. HitFox Game Ventures is backed by corporation-backed venture capital firms, such as Holtzbrinck Ventures and Tengelmann Ventures, family office Hasso Plattner Ventures… Continue reading HitFox incubates first two deals
Epuramat drip-feeds $10m
Bright Capital, the $350m corporate venturing unit of Russia-based conglomerate Ru-Com, led the B round’s first tranche that diluted existing shareholders, building materials producer Chaux de Contern and venture capital firm I2BF.
Oligocide eyes chemical reaction
Oligocide, a US-based company whose chemical kills bacteria (chlorea pictured), is preapring to potential raise its series A round with corporate venturing units. The compound was developed in partnership between University of New Mexico (UMN) and the University of Florida and Oligocide licensed it in June and received $175,000 in seed funding from angel investors… Continue reading Oligocide eyes chemical reaction
Schillace searches for way into Box
Schillace had spent a little over a year at Google Ventures before joining Box after its recent $125m round.
Vodafone rings up investments
Vodafone Egypt CEO Hatem Dowider reportedly unveils investments on the horizon for Vodafone Ventures Fund.
Spectra7 wires up $11m
Semiconductor manufacturer Spectra7 raises $11m from previous backers ahead of planned public trading in October.
Regulus forms pharma alliances
Biotech firm Regulus announces alliances with AstraZeneca and Biogen Idec.
Cleveland teams with Ohio
Chris Coburn, executive director of Cleveland Clinic Innovations, said: “There really can be no more significant alliance than this teaming of our two institutions up and down I-71. We will help to change the face of innovation in the state.”
LocationInsight points to $5m
Online map marketing company LocationInsight raises $5m from United Communications Group for management buy-out.
Ask Ziggy requests $5m
Siri rival Ask Ziggy lands $5m in funding from an anonymous “multinational corporation”.
Wanxiang powers up with A123
A123 has been a corporate venturing investor in its customer, Fisker Automotive, but its battery malfunctioned in a test for the electric car maker and so its sales have fallen this year partly as a result and it needed to raise money.