Wintech owned a 7.3% stake, or 1.5 million shares, ahead of the flotation, which went down to 4.8% post the IPO.
Month: November 2012
DreamIt Ventures raising $50m
DreamIt had raised $1.5m so far.
Accenture circles Octagon
Zurich Financial Services Group, Edison and private equity firm Ticonderoga Capital backed the provider of clinical and regulatory information management services’ $10m C round in 2006.
BlueRun waits on Shanghai Didatour
The former corporate venturing unit of Finland-based mobile handset company Nokia backs Shanghai Didatour International Travel Service Company in a multi-million dollar round.
Investors take seat at Avandeo table
High-Tech Gründerfonds, a Germany state- and corporate-backed venture fund, and other investors have helped Avandeo, a local designer of furniture and home accessories, raise a sum in “the high single-digit millions”. Other investors in the round on 18 October were Germany-based bank KfW Bankengruppe and LBBW Venture Capital, a corporate venturing unit of the eponymous… Continue reading Investors take seat at Avandeo table
Naspers jingles cash at BuyThePrice.com
Naspers’ corporate venturing unit reportedly backs the parent company of online shopping website BuyThePrice.
Softline invests in Apps4all
A $20 million fund, Softline Venture Partners is the venture unit of Softline, a Russian software licensing market company. The fund typically invests in the range of $100,000-$1 million.
Altweb Group sets up seed fund
The fund set up by the Russia-based internet marketing company is seeking to invest, in particular, in software as a service solutions, as well as in internet marketing and advertising services.
Ziarco chews on $6m sandwich
Biotechnology company Ziarco has closed the first round of its series A round with $6m.
Regulus raises $80.9m
Regulus Therapeutics has raised $80.9m in total proceeds from its initial public offering, a private placement, and convertible note.
SoftLayer Technologies heads north
US-based cloud service provider SoftLayer Technologies has expanded its incubator support program into Canada. SoftLayer’s Catalyst Program provides technology infrastructure and financial support to start-ups.
OrderGroove moves to $7m
Alongside Fung in the round were venture capital firms Lerer Ventures, Legend and Swan Ventures, Allegro Venture Partners, Bee Partners, as well as angel investors.
Vyatta weaves way into Brocade
In November last year, Vyatta raised $12m in its series D round taking its overall funding to more than $45m since 2005.
Merck launches third spin-off
Germany-based pharmaceutical company Merck has spun off Asceneuron and invested $6.5m of seed funding for the development of its Alzheimer therapies.