Be braced for Workday, or another IPO to pop, to see the market heat up again. Until, of course, investors are sold another extraordinarily over-priced listing, like Facebook turned out to be, at least for those investing over the short-term.
Month: October 2012
Samsung finds its personal assistant
Maluuba has launched its new artificially intelligent personal organiser app following a $2m boost from Samsung Ventures.
Tier3 raises $10m
Intel Capital was joined by existing backers investing in the US-based cloud-storage firm.
Sanoma sets up unit
Finland-based Sanoma Group, an international media group, has established SanomaVentures, a venture fund focussing on early stage investments. The firm plans to stick to startups focussing on the media, and is looking to invest between €100,000 ($130,000) and €500,000 in e-commerce, e-learning, online ads, online consumer services, and mobile and tablet apps. The firm has… Continue reading Sanoma sets up unit
SingTel streams $1m for Series A
SingTel’s corporate venturing unit leads the $1m Series A for cloud-based media platform QVIVO.
Sateesh Andra joins VenturEast
Sateesh Andra, who led investments for Draper Fisher Jurvetson has joined VenturEast and will spearhead VenturEast’s technology focused Tenet Fund.
Japanese companies lead Transphorm E round
GaN power start-up company Transphorm, backed by Google Ventures, closes its Series E round at $35m led by Innovation Network Corporation of Japan and Nihon Inter Electronics Company.
Square designs success around 80/20
US-based mobile payments specialist Square has acquired New York design firm 80/20 which specialises in interface design.
Intel Capital invests $40m in 10 companies
The latest 10 investments by Intel Capital are split geographically between the US, China, India, South Korea and Brazil, and include an investment in US-based content sharing company Box, which recently raised $125m.
Capillary Technologies raises $15.5m Series A
The Techsparks India 2011 winner, Capillary Technologies, has closed its Series A round raising $15.m led by Sequoia Capital and Norwest Venture Partners and with investment from Qualcomm’s corporate venturing unit.
Hanergy soaks up MiaSolé
Hanergy Holding Group, China’s largest privately held energy enterprise, has acquired MiaSolé, a US-based solar film company that manufactures CIGS thin-film photovoltaic solar panels. The deal is said to be worth approximately $30m, according to documents seen by news provider San Francisco Chronicle on Friday. MiaSolé has raised around $500m since being founded in 2006.… Continue reading Hanergy soaks up MiaSolé
IlluminOss fixes $28m for Series C
Tekla Capital Management co-led the Series C round for the orthopaedic implants company, which is backed by SR One, the corporate venturing unit of UK-based healthcare company GlaxoSmithKline.
Vintage boosts Celeno Series E
The Wi-Fi chip company Celeno, closes its E round at $24m. The start-up company has now raised $64m, from backers including US-based hardware company Cisco and US-based cable company Liberty Global.
Accenture launches Fintech Innovation Lab
The new programme is also supported by the Mayor of London [whose office is pictured], the City of London Corporation, and the Technology Strategy Board.