Prepaid service and transaction provider InComm has acquired Taylor Corporation-backed Giftango, an e-delivery provider for retail gift cards.
Month: January 2013
Skilled Care Pharmacy gains Link-Age
Link-Age, a US group backed by several non profit assisted living centres, has invested in senior citizen focused pharmaceutical retailer Skilled Care Pharmacy in return for an equity stake.
All bets are on for Binary Event Network
The US-based providers of a sports betting platform have netted an undisclosed sum from Guggenheim Partners, Cinnober Financial Technology and Broadhaven Capital Partners.
Guavus sets a trend with another $30m
US-based big data services comapny Guavus has raised $30m in its series D round.
Diversity to avoid groupthink
Diversity helps avoid groupthink and opens up a different range of opportunities that could be considered and, given the fairly poor performance of most venture teams, this can probably be of benefit.
Streetline parks another $25m
Alongside Citi Ventures and Qualcomm Ventures in the C round were venture capital firms True Ventures, which led the consortium, Sutter Hill, Fontinalis Partners and RockPort Capital Partners.
Malik joins Cenovus
On his LinkedIn page, Malik said he was an investment manager for the Oilfield Services Technology Environmental Opportunity Fund at Cenovus Energy.
Atlantic Hydrogen gains Emera
Emera, an energy and services company in northeast North America, is investing an undisclosed amount in carbon capture company Atlantic Hydrogen (AHI). Aided by both funding and technical support from Emera, AHI has started the design, engineering and procurement work to build an industrial-scale CarbonSaver system at Emera’s Bayside electrical generating station. Chris Huskilson, executive… Continue reading Atlantic Hydrogen gains Emera
Saltworks shakes for Cenovus and Teck
Canada-based Saltworks converts salt water into fresh water through desalination.
Big Issue finds corporate homes
Big Issue Invest (BII), the social investment arm of Big Issue magazine sold by the homeless in the UK, has closed its inaugural corporate fund after five partners signed up. The Spark Corporate Social Venturing Challenge will invest £500,000 in 10 early-stage social enterprises as well as providing them with mentoring and business support to… Continue reading Big Issue finds corporate homes
Fernandez to manage Galena fund
Galena Asset Management, an independent fund manager, will now act as the corporate venturing unit of Switzerland-based commodities trader Trafigura and has raised $275m in the first close of its mining fund. Founded in 2003, Galena is an independent firm named after the most important lead ore mineral and the Galena Private Equity Resource Fund… Continue reading Fernandez to manage Galena fund
YieldMetrics displays $1.7m seed round
YieldMetrics, a US-based online advertising data company, has raised a reported $1.7m at a $4.8m pre-money valuation from a consortium including Germany-based publisher Bertelsmann’s corporate venturing unit. Alongside Bertelsmann Digital Media Investments (BDMI) in YieldMetrics’s seed round, were venture capital firms and angles, including GRP Partners, which led, Baroda Ventures, Daher Capital, Double M Capital,… Continue reading YieldMetrics displays $1.7m seed round
FireEye doubles backing to $100m
FireEye, a US-based provider of cyber attack protection, has raised $50m from a consortium including a host of strategic investors. These corporate venturing units included technology equipment maker Juniper Networks’s Junos Fund, investment bank Goldman Sachs, Norwest Venture Partners, which invests on behalf of Wells Fargo bank, and Silicon Valley Bank, as well as venture… Continue reading FireEye doubles backing to $100m
Avrio waters Hortau
Hortau, a Canada-based irrigation management company, has raised $3m from private equity firm Avrio Capital. The company is also backed by technology equipment company Telesystem, family office Desjardins, and local funds Capital Financière Agricole, SDÉ Lévis and Solide.