Alongside RTP in the A-extension were venture capital (VC) firms Shea Ventures, Gray Ventures and Tugboat Ventures.
Month: August 2012
Cat stretches for logistics stake
Platinum Equity bought out Caterpillar Logistics Services, which has hired Jos Opedeweegh as chief executive from the same role at Americold Realty Trust, a provider of frozen food logistics.
Allen tests EverFi for $10m
EverFi had previously raised $11m in September 2010.
Ubiquisys gathers all for $19m
As part of the deal announcement, Switzerland-based 5CCG said it had entered a collaboration with local private bank Sallfort Privatbank to transfer its direct investment business.
YottaMark harvests $24m
YottaMark, a US-based developer of fresh food traceability platform HarvestMark, has raised $24m in its series D round from a consortium including the corporate venturing unit of food maker General Mills. Venture capital firm Westbury Partners led the round, and was joined by peers Fairhaven Capital, ATA Ventures, Thomvest Ventures and Granite Ventures as well… Continue reading YottaMark harvests $24m
UTest buys Apphance
The companies said the deal went back to last year, when the two firms first crossed paths at Mobile App World in London.
FirstBest Systems raises $10m
FirstBest Systems, a US-based maker of software for property and casualty insurers, has raised $10m in its series C round from a consortium including risk analysis provider Verisk Analytics. Venture capital firm NewSpring Capital led the round, joined by peer Flybridge Capital Partners (which spun out from publisher International Data Group’s east coast corporate venturing… Continue reading FirstBest Systems raises $10m
Mahindra Satyam realises it needs incubator
Mahindra Satyam, an India-based technology company, has set up an employee incubator. The incubator came after peer Cognizant’s fund to promote employee ideas. Satyam has set aside about R43 crore ($8m) for this programme, where in employees get about a year’s time to get the venture to start contributing to Satyam’s topline. Only ideas, with… Continue reading Mahindra Satyam realises it needs incubator
Bloomberg backs Mortar Data
The other investors were Chris Lynch, the former chief executive of Vertica who left his job at Hewlett-Packard last month, TechStars, a start-up accelerator.
AOL walks with Rover.com
Rover.com, a US-based dog owners network, has raised $3.4m in its series A round from a consortium including venture capital firm Madrona Venture Group and media group AOL’s CrunchFund.
Disney steams to next fund
Steamboat Ventures, the corporate venturing unit of US-based media group Disney, is reportedly targeting a first close of its planned $200m fifth fund.
Ooyala calls up Telstra
In September, US-based mobile devices manufacturer Motorola Mobility invested an undisclosed amount in Ooyala through its corporate venturing unit, Motorola Mobility Ventures.
FlatFrog Laboratories hops to Intel
Alongside Intel Capital in the round were venture investment firms Invus and Sunstone Capital.
Astute Networks finds Samsung
Alongside Samsung Venture Investment Corporation, which led the round, were venture capital firms Ayala Capital, ICCP Venture Partners, The Investment Fund for Foundations (TIFF), Tallwood Venture Capital and Narra Venture Capital.