Nexenta Systems, a US-based developer of software-defined storage technology, has raised $24m in its series D round from a consortium including Japan-based conglomerate Sumitomo and chip maker UMC’s corporate venturing units. The company also named Mark Lockareff, former executive or angel investor in ParAccel, Agiliance, Softricity, Model N, Riverbed, Acopia, ProofPoint and Facebook, as chief… Continue reading Strategics store up Nexenta deal
Month: February 2013
Norwest implants $30m into Intersect
New investors Norwest Venture Partners were joined by Kleiner Perkins and Medtronic in a $30m D round for US-based medical device company Intersect ENT.
Click Security secures $17.7m
US-based Click Security has raised $17.7.m in a second round of funding led by Lightspeed Venture Partners.
SmarTots learns with SoftBank
SmarTots, a mobile device application for child development, has raised an undisclosed amount in its series A round from a consortium led by Japan-based internet and phone conglomerate SoftBank’s Korean corporate venturing unit. SoftBank’s SB Pan-Asia Fund joined the SmarTots consortium as a new investor alongside existing investors: angel investor Xu Xiaoping, founder of Zhenfund;… Continue reading SmarTots learns with SoftBank
DecImmune heartens with $2.25m
Broadview Ventures, the family office of the Leducq Family Trust and a new investor in DecImmune, and venture capital firm HealthCare Ventures joined Astellas in the round.
Robotoki plays with Nexon
Robert Bowling, former creative strategist at Infinity Ward, founded Robotoki in April.
Agari authenticates $5m
Agari was formed out of technology first created by IronPort Systems, and further developed at network equipment provider Cisco after it acquired IronPort Systems in 2007.
OpenX adds CCI’s $5m
In partnership with OpenX, CCI operates the exchange as OpenX Market Japan, which offers bidding on adverts.
Statoil identifies Trac deal
Trac ID Systems, a Norway-based provider of identification tags for asset tracking and process optimisation in the oil and gas industry and backed by Statoil’s corporate venturing unit, has raised €3m ($4m) from a consortium led by venture capital firm Northzone. The money will partly be used to deliver on the agreement recently signed with… Continue reading Statoil identifies Trac deal
Warby Parker sees Amex join
Alongside Amex Ventures in the round were Millard Drexler, chief executive of retailer J Crew, according to news provider New York Times.
Notion cuts through to HTGF
Notion Systems, a Germany-based inkjet printer and laser cutting equipment provider, has raised an undisclosed amount from state and corporate-backed High-Tech Gründerfonds (HTGF), Georgieff Capital and Mittelständische Beteiligungsgesellschaft Baden-Württemberg (MBG).
Barracuda Networks starts Ventures
Barracuda declined to disclose the exact size of the new fund but said it was in the tens of millions, according to an interview in BizJournals.
Lithera swells up with $20.6m
Lithera, a US-based drugs company for abdominal swelling, has raised $20.6m from a consortium including South Korea-based cosmetics maker AmorePacific and clinical trial information and logistics services provider Numoda’s corporate venturing units. The round might increase to $35.6m if performance targets are met. The deal is AmorePacific Ventures’ first public investment since being formally set… Continue reading Lithera swells up with $20.6m
AmorePacific inflates Obalon
In a regulatory filing last month, Obalon said it had raised $5m from one investor and has now disclosed that AmorePacific Ventures had taken a strategic stake in the company.