US-based commercial bank Silicon Valley Bank has appointed Bindi Karia to their UK branch to lead its early stage tech startup accelerator.
Month: December 2012
Merck prescribes $6m for Remedy
Drug company Merck continues its spending via its Global Health Innovation Fund, with a $6m investment into US-based biomedical informatics company Remedy Informatics.
CipherCloud raises $30m from Andreessen Horowitz
CipherCloud, a US-based cloud information protection company backed by Germany-based telecoms company Deutsche Telekom’s corporate venturing unit, has raised $30m from venture firm Andreessen Horowitz. CipherCloud had previously been backed by Deutsche Telekom’s T-Venture as well as venture firm Index. The two investors and Andreessen Horowitz backed CipherCloud with an undisclosed sum, according to news… Continue reading CipherCloud raises $30m from Andreessen Horowitz
Semtech Corporation charges up Powervation
Intel Capital is a long-term backer of Ireland-based digital power company Powervation.
Microsoft imagines social innovation prizes
Dan’l Lewin, corporate vice president, strategic and emerging business development, Microsoft, said: “The Imagine Cup Grants will help students evolve a great idea for addressing a societal issue into a real-world business.”
Mojiva raises $7m
US-based advertising company Mojiva raises $7m from previous investors Bertelsmann Digital Media Investments, Cross Creek Capital, Forbes Media and Shamrock Capital Advisors.
Google invests in Adelphic A round
Google Ventures leads a $10m A round into US-based mobile ad startup Adelphic mobile.
Novo leads Flexion $20m B round
Novo Ventures leads a $20m B round into US-based osteoarthritis company Flexion Therapeutics.
Urban lifts off with Tello
Urban Airship, a US-based mobile development platform has acquired Tello a company which develops mobile and social applications.
Iris invests $20m in Lookout
Iris Capital invests $20m in US-based mobile security company Lookout.
Better Place recharges
Israel Corporation, the Israel-based holding company, has led part of a planned $100m investment into US and Israel-based electric car company Better Place, a company which operate a network of stations to recharge the batteries of electric cars.
Auctionata stake goes to Bright for $2.5m
Bright Capital Digital backs the German online auction site which has raised $20m from e.ventures, Holtzbrinck Ventures, and the Raffay Group. This article was written by our partners for Russia East-West Digital News.
Novusmodus puts on Greencoat
Richard Nourse (pictured), managing partner of the renamed Greencoat, is one of those selected in our list of the hundred most powerful people in corporate venturing, the Powerlist 100.
NoMoreRack checks-out with $12m
Korean e-commerce company G-market leads the $12m Series A into online discount website NoMoreRack