This week’s Big Deal analysis is about an exit, or rather a lack of one. In fact, the absence of lots of exits. Cornelius Mueller, head of research at the European Private Equity & Venture Capital Association (EVCA), in a presentation to the trade body’s corporate venturing roundtable members this week said there were now… Continue reading Big Deal: exit options
Month: February 2013
Delta Partners Capital raises $100m
Japan-based phone operator NTT Docomo joins fund as limited partner.
Cylex sells assets to Viracor
In March 2007, Cylex raised $20.5m in its series C round from Siemens Venture Capital, the corporate venturing unit of the eponymous Germany-based industrial conglomerate, and co-leaders Channel Medical Partners and Canaan Partners, which are both venture capital firms.
Movile delivers cash to IFood
Movile, which has nine offices across Latin America, said it would help iFood into new markets, including the US.
Upstream Commerce swims to $3m
Gleb Kaplun, Bright Capital’s investment director, said: “Upstream Commerce has a great team, fantastic technology, and a tremendous vision that will undoubtedly shape the future of retail intelligence.”
AOL spins out About.me
AOL will reportedly retain an 8% equity stake in About.me.
WSO2 confirms its $10m
In December, WSO2 filed with the Securities and Exchange Commission for a third round investment of $10m.
Sprinklr raises $15m and a customer
Sprinklr said it had gained Intel as a customer as well as an investor.
Mardil Medical raises $6.125m
Malaysia’s innovation agency, Agensi Inovasi Malaysia (AIM), has invested in Mardil Medical, a US-based medical devicemaker formed out of assets acquired from a failed start-up that raised more than $100m from a consortium including corporate venturing units. AIM led a $6.125m series B round in Mardil, which is trying to raise a further $5m. Mardil… Continue reading Mardil Medical raises $6.125m
Tamas speeds into Vy
News provider Fortune said DST’s Alexander Tamas was setting up a venture capital firm called Vy Capital, named for an aviation term that refers to the best speed of climb.
New Jersey commits $5m to Foundation
FVCG was started in 2006 with an initial $5m from the foundation to invest up to $500,000 each in 10 commercially viable new biotechnology companies.
Rover fetches $7m
Rover, a US-based online marketplace connecting dog owners with local dog sitters backed by internet services provider AOL’s CrunchFund, has raised $7m in its series B round. Venture capital firm Foundry Group led the B round, and was joined by return backer and peer Madrona Venture Group. In April, Rover raised $3.4m in its A… Continue reading Rover fetches $7m
Geisinger launches XG Health Solutions
Geisinger Health System, a US-based medical services provider, has joined venture capital firm Oak Investment Partners in founding XG Health Solutions. XG, a healthcare services company, said it would make Geisinger’s intellectual property available to peers, while Oak is investing $40m. Earl Steinberg, Geisinger’s executive vice-president of innovation and dissemination, will be XG Health’s chief… Continue reading Geisinger launches XG Health Solutions
New Relic turns to mezzanine
New Relic, a US-based application management provider backed by media-focused merchant bank Allen & Company, has raised $80m in mezzanine financing ahead of its planned initial public offering.