Boston Scientific Corporation acquires pioneer firm in coronary artery disease treatment, Bridgepoint Medical, for an undisclosed sum in a bid to beef up their cardiology portfolio.
Month: September 2012
ContinuumRx in full health with $7m
Mitsui & Co. Global Investment is joined by venture firms backing the hospital-to-home health care infusion company.
IAC/InterActiveCorp seeds $20m Brightline
IAC/InterActiveCorp is to invest $20m in seed capital in Brightline – a joint e-publishing venture between heavyweight media executives – with expertise from Brooklyn-based e-publisher, Atavist, according to news provider New York Times. Scott Rudin, the film and theatre producer, and Barry Diller, the chairman of IAC/InterActiveCorp and media executive behind the creation of Fox,… Continue reading IAC/InterActiveCorp seeds $20m Brightline
moment.me draws SingTel’s attention
Moment.me’s amalgamation app for social content receives financial support from Singapore Telecommunications.
Foundation Medicine shores up capital with $42.5m
Foundation Medicine ploughs ahead with series B financing round drawing investments from life science research firm WuXi Apptech, asset management firm CIFC and previous backers Google Ventures, and Roche Venture Fund amongst others.
Giesler takes on New Business Unit
He was a founding member of US-based venture capital firm Physic Ventures, and accountable for Unilever’s anchor investment in this fund as a full-time member of the Physic operating team based in San Francisco.
Yahoo’s magic return from China
At the signing of US-listed internet portal Yahoo’s minority equity investment in China-based electronic commerce group Alibaba back in 2005 there was a nice picture of two of the companies’ co-founders walking along the Great Wall of China. The picture symbolised the cultural connections between Jerry Yang, co-founder of Yahoo, and Jack Ma, his peer… Continue reading Yahoo’s magic return from China
Alibaba backs UCWeb
Morningside and Ceyuan had first invested $10m in UCWeb in 2007 and were joined by Alibaba in a subsequent round in 2009.
Torax raises $30m in Series D
The early stage medical development company raises the funds with backing from Kaiser Permanente and various venture firms.
Rakuten tops up Daily Grommet
Electronic commerce and internet company Rakuten heads the B round of online marketplace site, Daily Grommet.
The Big Deal: iRobot evolves
A large patent portfolio bought by iRobot in its acquisition of Evolution, doubtless has been of interest to its corporate venturing unit backer Vodafone Ventures.
Info Edge chews on Zomato
India-based classifieds company backs local restaurant review company Zomato again, taking its stake in the company to 48.5%.
iRobot assimilates Evolution
Vodafone Ventures-backed robotics company Evolution Robotics sells to rival iRobot for $74m.
Airbiquity fuels up with $10.4m
The wireless communications company for vehicles backed by a corporate venturing unit of Anglo-Dutch oil major Royal Dutch Shell, could raise as much as $19.2m in the round.