US based Cenx, a company that specifies in carrier ethernet interconnect systems and services has secured an investment from Ericsson, the Sweden-based provider of telecommunications equipment and data communication systems. Ericsson joinred Cenx’s latest round, which was first revealed in June 2012, which originally raised $9.5m, led by the strategic venture capital arm of US phone operator… Continue reading Ericsson connects with Cenx
Month: September 2012
Ericsson connects with Cenx
Cenx announced during last week’s Carrier Ethernet World Congress in Barcelona, that Ericsson will invest an undisclosed amount in the ethernet exchange start-up.
The Big Deals: Indeed and Zeebox
Perhaps one should be perusing the marriage updates section of old media dealmaking, instead of harping on about those venerable old things that have died?
M&A vs VC: nemesis will follow hubris
The over-confidence which dogs decision-making in venture capital and mergers and acquisitions needs a cure of humility.
BVCA makes Askew CVC head
UK trade body British Private Equity and Venture Capital Association (BVCA) has set up a corporate venturing group to be chaired by Tony Askew, head of Anglo-Dutch publisher Reed Elsevier’s Ventures unit. The inaugural meeting of the group will be on October 19, after the BVCA’s annual conference in London. Askew said the meeting would… Continue reading BVCA makes Askew CVC head
Airbnb eyes checking in $100m
US-based house-sharing start-up Airbnb is raising fresh capital of around $100 million in third-round funding, according to TechCrunch.
Swanbridge secures BGF investment
UK based Swanbridge Hire and Sales (SHS), an industrial scaffolding service, has secured £5.4m ($8.8m) of growth capital from The Business Growth Fund Founded in 1998, the 14 year-old company, which is the first in Wales to be backed by the fund, will use the investment to create over 100 jobs. SHS, which is based… Continue reading Swanbridge secures BGF investment
Google adds to Desmos
Google Ventures has invested an undisclosed amount in maths start-up website Desmos.com, a site which allows user to plot graphs online
GlobeImmune delays IPO
Celgene-backed GlobeImmune’s flotation is still pending, as of this article, having been reportedly delayed last week.
Laser Light shines with $15m
The company backed by motion picture technology business IMAX, and venture firms Harris & Harris Group and Braemar Energy Ventures, raises fresh funds.
Google eyes big biotech spend
“There’s a whole world of innovation out there outside of social media. It’s a huge growth area, but we’re investing a lot of money in life sciences,” said Google Ventures managing partner William Maris to news provider CNBC.
Cortina pulls IPO
Shareholders in the semiconductor manufacturer include Intel, Morgenthaler Partners, Canaan Partners, Institutional Venture Partners, DCM, El Dorado Ventures, and Kodiak Venture Partners.
Daimler takes a slice of Tiramizoo
Daimler has acquired a minority interest in Tiramizoo, a Munich-based delivery logistics service start-up.
iWalk strolls to $17m
Gilde Healthcare Partners leads a $17m series D round for iWalk using its healthcare fund set up in partnership with minority stakeholder Royal Philips Electronics, a Netherlands-based technology conglomerate.