February 2013 – Page 15

Cisco powers Piston

US-based Enterprise OpenStack company Piston Cloud Computing has raised $8m in a series B round led by Cisco Systems.

Jawbone buys peers

Visere is a digital design firm, while Massive Health created an iPhone app for improving eating habits seeded with $2.25m in 2011 by venture capital firms.

AOL to snap up GDGT

GDGT has raised $3.7m in its seed and series A rounds from a consortium including AOL Ventures and venture capital firms Betaworks, Spark Capital, True Ventures and Lerer Ventures.

Torstar, a Canada-based media company, has led a $2.75m round for TeamSnap, a US-based online service for managing ongoing activities. Other new investors included venture capital firms Toba Capital and Hbam, which is run by ex-San Francisco 49’ers player Harris Barton, a former co-founder of funds of funds manager HRJ Capital. Existing investors, including Trinity… Continue reading TeamSnap passes to Torstar

Samsung adds $100m start-up fund

The company has committed $100m to the Catalyst Fund for early-stage start-ups.

Xoom offers up its flotation

It would have an initial market capitalisation of about $438m, if it floated at $14 per share.

Santen sees Clearside potential

Clearside raised $7.9m from Santen, venture capital firms Mountain Group Capital and Hatteras Venture Partners, Georgia Research Alliance Fund and Kenan Flagler Business School Private Equity Fund.

Dexetra searches out US investors

In December 2010, One97 Mobility Fund, the corporate venturing unit of the eponymous local mobile phone operator, provided an undisclosed amount.

Ascension eyes up Ivantis

Ascension Health Ventures joins as a new investor

ITulip tipsy for TruTouch

TruTouch previously raised $3m in its B round from ITulip.

Kaplan finds it can ICreate

Media group Washington Post’s Kaplan Early Learning Group has made a strategic investment of undisclosed size in ICreate to Educate, a US-based student technology company. In June 2011, ICreate completed Kauffman Education Ventures Incubator’s four-month programme. ICreate was one of 23 companies selected to participate in the programme out of more than 1,000 applicants. ICreate’s… Continue reading Kaplan finds it can ICreate

DirecTV cycles into Freewheel

Freewheel, a US-based video advertising management provider, has gained television broadcaster DirecTV as an investor. DirecTV will introduce ad insertion for its DirecTV Everywhere service later this year, using technology from FreeWheel. FreeWheel previously raised $16.8m in April 2010 from media groups Turner Broadcasting and Disney’s corporate venturing affiliate, Steamboat Ventures, as well as venture… Continue reading DirecTV cycles into Freewheel

Sopat examines its first round

Sopat, a Germany-based technology company providing a digital analysis of particle images, has raised an undisclosed amount in its first round of financing. State and corporate-backed early-stage investment firm High-Tech Gründerfonds (HTGF) and Steelhouse Ventures, a venture capital firm specializing in oil and gas, invested.

SEB finds its Key Ingredient

France-based kitchen appliances maker Groupe SEB has invested in US-based Key Ingredient, which helps people find a recipe on the internet and adapt its format in order to build up a digital recipe book. The deal is the first for SEB Alliance, the French company’s €30m ($40m) corporate venturing fund.