The round included backing from existing investor, clean tech asset management group I2BF and SC Green Tech Ventures, an investment arm of Sumitomo Corporation.
Month: September 2012
Sigfox sniffs out $12.8m with Intel’s help
The France-based machine-to-machine cellular network operator backed by Intel Capital raises its B round with backing from venture firms including Partech.
Hootsuite flies to Seesmic
The twitter app developer is backed by cloud-computing company Salesforce and SoftBank Capital.
Ericsson blows Sand 9 to $3m
Ericsson joins Intel Capital, Vulcan Capital, Commonwealth Capital Ventures, Khosla Ventures and others backing the nano-resonator technology developer.
Utilities through Telefonica’s prism
This column will examine through the prism of Spain-based Telefonica why it is that many companies in the telecoms sector have caught the corporate venturing bug in a big way. Last week, Telefonica raised a €300m ($377m) corporate venturing group of funds, named Amerigo (name-checking the discoverer of South America, Amerigo Vespucci). At the same… Continue reading Utilities through Telefonica’s prism
Nielsen preps fund launch
In July, Nielsen set up an Israeli incubator in July with Bruce Haymes, senior vice-president of global business development and mergers and acquisitions at Nielsen, a board member.
Intel stores $14m for Terascala
Data company Terascala announces Intel Capital made an investment in $14m series B round from April this year.
Google crunches Predilytics data for $6m
Data company Predilytics attracts a $6m series A round from Google Ventures and other venture firms.
CIBC strengthens StoneCastle
The Canadian Imperial Bank of Commerce backs StoneCastle Partners, an investor in banks, which has $4bn in assets under management.
Lockerz’s Savitt joins Yahoo!
Savitt will report directly to Yahoo! chief executive Marissa Mayer, after founding Lockerz, an ecommerce company backed by Liberty Media. Mark Stabingas, previously Lockerz’s chief operating officer, has taken over Savitt’s role.
FormFactor powers down MicroProbe for $117m
FormFactor acquires its probe card manufacturing rival MicroProbe, which is backed by Intel Capital, for $117m.
Sun shines $6.5m on QBotix
Robot manufacturer QBotix attracts $6.5m for its series A round from Siemens Venture Capital and other investors for solar panel maintaining robots.
JP Morgan’s shopping spree at Rocket
JP Morgan makes it a hat-trick with its third investment in a Rocket Internet-owned online fashion retailer within a month.
BookMyShow lines up online wallet
The ticketing site, run by BigTree Entertainment at the moment sells 2 million tickets per month,according to news provider VC Circle, which reported the plans to launch the online wallt.