Last year, units in the sector sealed substantial exits, including UK-based media communications company WPP (also see our profile), US-based advertising company Interpublic, and education company Knowledge Universe, which was co-founded by Michael Milken. See the second paragraph for our most influential ranking.
Month: February 2013
Investment boosts advisers
The writer GK Chesterton famously said: “I owe my success to having listened respectfully to the very best advice, and then going away and doing the exact opposite.” Many professional advisers must hope the English wit was wrong. Perhaps they should demonstrate a belief in the efficacy of their own advice by following it and… Continue reading Investment boosts advisers
Serge Trigano: hotel leader
I am a child of Club Med, that notorious 1970s hotel resort chain created by Gilbert Trigano more than six decades ago. Club Med was built on the concept of all-inclusive vacations so appealing to Brits, but for me, apart from providing fond childhood memories, it symbolised the rare business ability to balance innovation and… Continue reading Serge Trigano: hotel leader
Danford joins Lightspeed
“Tim’s experience incubating successful companies like MobileIron and Airespace not only expands our footprint in early stage investing but also broadens our capabilities to assist entrepreneurs at the idea stage of their development,” said Barry Eggers, partner at Lightspeed Venture Partners.
Mu Sigma calculates latest maths
Mu Sigma, a US–based provider of data analytics and decision-support services to large companies, has raised an undisclosed amount of strategic funding from credit card provider MasterCard. Previously, Mu Sigma reportedly raised more than $130m from private equity and venture capital firms General Atlantic and Sequoia Capital. As part of its equity stake purchase, MasterCard… Continue reading Mu Sigma calculates latest maths
EcoATM coins $40m debt
Founded in 2008, EcoATM scans used electronic devices, such as mobile phones and iPods, to gauge value and pay consumers before reselling them worldwide or reclaiming the components.
Docomo sets up incubator and fund
NTT Docomo has set up a Y10bn ($109m) corporate venturing fund and will also launch an incubation program to support start-ups and invest in 500 Startups II
Service providers form initiative
DLA Piper, Bell Mason Group, Global Corporate Venturing and Silicon Valley Bank join a non-exclusive initiative to offer complimentary services.
Global Corporate Venturing Symposium
GCV Annual Symposium and Awards, London May 21/22, 2013
Cumulocity spins out fron NSN
NSN said it would continue to support the M2M activities of Cumulocity.
Bluefin tweets about its sale
In January last year, Time Warner Investments, the corporate venturing fund representing media conglomerate Time Warner, led a $12m series B round for US-based social TV analytics firm Bluefin Labs.
Samsung invests in Cloudant
Samsung Venture Investment Corporation (SVIC) provided an undisclosed amount to be used to advance research and development to further improve global data distribution technologies and mobile application data management.
JumpStart to funding
Data provider CB Insights said Random House Ventures also invested in the $26.8m round that closed in January, according to its regulatory filing (under Knowledge Holdings).
Matterport prints $4m
Matterport, a Y Combinator startup that has created technology that can do a 3D scan of building interiors, has raised $4m.