Parry will work with Wade Martin, president of Powdr Enterprises, which provides events, sponsorships and media opportunities, while Sara Lee said Sally Grimes would become chief innovation officer of Hillshire Brands Company.
Month: January 2013
IPinYou learns its CBC
CBC Capital was founded in 2006 and its limited partners include media groups CNC Group and News Corp, phone operator PCCW, advertising services company WPP, Citic Capital, Cheung Kong, and angels.
BillFloat credits B round
BillFloat previously raised $4.5m in it’s A round in July 2010 from a consortium including PayPal.
Parallels develops with Cisco
The equity investment is intended to strengthen inter-company collaboration towards accelerating customer adoption of Parallels cloud service delivery products with Cisco cloud and data centre infrastructure, Parallels said.
AOL innovates with Ludlow
He previously ran photosharing company Hipster, which AOL bought.
Cox sources Rackley’s deals
Rackley, a former partner at venture capital firm Noro Moseley, has previously sold NFront to software provider Intuit and Firethorn to chip maker Qualcomm.
YuMe buys Crowd Science
YuMe has raised about $77.5m from South Korea-based electronics conglomerate Samsung and VCs.
Care acquires Parents in a Pinch
Care.com, a US-based online care marketplace backed by insurer USAA, has acquired Parents in a Pinch, a local company that connects people with emergency care services, for an undisclosed amount.
OpenX pops in $22.5m
OpenX Software, a US-based provider of advertising revenue products and services, has raised $22.5m in its series E round from a consortium led by South Korea-based electronics conglomerate Samsung’s corporate venturing unit as a new investor. Alongside Samsung Venture Investment Corporation in the round were software provider SAP’s Ventures unit, Presidio Ventures, which invests on… Continue reading OpenX pops in $22.5m
LoopMe raises $500,000
Ballpark Ventures led the consortium of ex-corporate venturing super angels and VCs backing LoopMe.
Bing Fund likes fourth date
Bing Fund, the corporate venturing unit of US-listed software provider Microsoft, has made its fourth public investment by backing local dating website LikeBright. Rahul Sood, manager of the Bing Fund, named after Microsoft’s search engine, said: “LikeBright is innovating matchmaking in two fundamental ways – by socializing the process, and introducing better balance between men… Continue reading Bing Fund likes fourth date
SurveyMonkey climbs to $1.35bn
SurveyMonkey, a US-based provider of online questionnaires, has seen its early investors sell $444m at a valuation of $1.35bn to a consortium including search engine provider Google. David Goldberg, chief executive of SurveyMonkey, and hedge fund Tiger Global Management co-led the transaction, which also included venture capital firms Iconiq Capital (which manages money on behalf… Continue reading SurveyMonkey climbs to $1.35bn
KaloBios sets IPO range
The about $50m raised at the mid-price would give the company an initial market capitalisation of about $239m on the Nasdaq stock exchange, according to its latest regulatory filing.
Zettaset knits with Brocade
Alongside Brocade were venture capital firms HighBar Partners, which led the syndicate, DFJ and Epic Ventures.