Viggle, a Nasdaq-listed media company, has ended its agreed plans to buy GetGlue, a social check-in company for television programs and other entertainment, for $85m.
Month: January 2013
Google merges portfolio companies
Rocket Lawyer, a US-based legal lead generation start-up, bought LawPivot, a local legal question-and-answer platform, for an undisclosed amount.
Octio monitors Statoil backing
Statoil Technology Invest, the corporate venturing unit of Norway’s main oil producer, has invested an undisclosed amount in Octio, a local company providing Ethernet internet connections on the seabed to monitor oil wells. Bjarte Fageras, chief executive of Octio, said: “Having Statoil as the main shareholder during the market introduction phase of our ReM [reservoir… Continue reading Octio monitors Statoil backing
Viadeo peaks for lab
Viadeo, a France-based social network, has plans to launch an innovation laboratory in San Francisco, California, after buying local start-up Pealk using money from its $32m round raised last year. Pealk built a people search application for business network LinkedIn but Viadeo’s purchase will see Pealk’s super search service rebuilt for Viadeo. Boris Golden, Pealk’s… Continue reading Viadeo peaks for lab
Persimmon tastes $5.8m
Persimmon Technologies, a US-based provider of vacuum robotics and hybrid-field motor technology for the semiconductor and solar equipment markets, has raised $5.8m in its series B round. Intel Capital, the corporate venturing unit of the eponymous US-listed chip maker, and the Bernard M. Gordon Charitable Remainder Trust, which was set up by Bernie Gordon, founder… Continue reading Persimmon tastes $5.8m
DelfMems raises $10.5m
DelfMems, a France-based developer of micro-electro-mechanical systems for applications in the radiofrequency (RF) communications, has raised €8.2m ($10.5m) in its series B round and hired Guillaume d’Eyssautier to be chief executive. FSN PME, managed by state-backed CDC Entreprises, invested €3.5m of the money, with the remainder coming from multi-corporate venture capital firm Iris Capital, and… Continue reading DelfMems raises $10.5m
ChromaDex diets with $1m
Opko Health, a New York-listed pharmaceutical company, has made a strategic investment of $1m in ChromaDex and acquired the rights to sell its dietary supplements in Latin America.
Opko invests in BioZone
Opko gained a worldwide license from BioZone to develop and commercialize QuSomes, a skin care product, and an enhanced formulation of Propofol, which is used for anesthesia and sedation.
Cytochroma exits to Opko
Opko will pay $100m initially using its shares and the rest in performance fees.
Labcyte hears GE’s money
GE Healthymagination, part of GE Ventures, led the D round as a new investor
Desti travels to further $1m
Desti, a US-based travel guide on Apple’s iPad, has added $1m in series A round funding to its $1.5m seed round from previous investors, including Carmel Ventures, SRI International and Horizon Ventures. Desti is another spin out from research group SRI International, following technology company Apple’s purchase of the Siri digital assistant, which Horizon had… Continue reading Desti travels to further $1m
WPP backs Globant
WPP said it regarded this decade as very much the decade of Latin America, particularly with the FIFA World Cup taking place in Brazil in 2014 and the Olympics in Rio in 2016.
IDG shops at Mizhe
Mizhe, a China-based online shopping guide, has raised RMB10m ($1.6m) in its series A round from US-based publisher International Data Group’s (IDG) local corporate venturing unit. Mizhe.com was established in August 2011 by Zhang Lianglun, the former head of online auctioneer Alibaba’s Winport.
Summit sales D&R
D&R had annual sales of about $50m.