The other investors in the round besides Dentressangle Initiatives (also known as Hi-Innov) were Newfund and Orkos Capital.
Month: February 2013
Stylight fits series B
German-based online fashion community moodboard startup Stylight, has raised an undisclosed amount in series B funding led by SevenVentures.
KaloBios raises $70m IPO
US-based antibody research company KaloBios Pharmaceuticals has raised $70m in its IPO.
Fidelity acquires mFoundry
US-based Fidelity National Information Services has acquired the remaining 78% stake of mobile payments company mFoundry that it did not already own for $120m.
Big Deal: Our Houzz
Venture investors have various strategies for coping with the information overload and potential deal opportunities that can come their way. Some rely on their trusted network and follow people with a good reputation into a round; others look at the hype cycle and try and invest ahead of the bulge; and others take the Remington… Continue reading Big Deal: Our Houzz
Truphone calls up $118m
Truphone, a UK-based mobile network founded by James Tagg and backed by media groups, has raised £75m ($118m) primarily from Roman Abramovich, owner of Russia-based oil major Sibneft. Abramovich’s investment vehicle, Minden, has acquired a 23.3% stake in Truphone for £70m, valuing the company at £300m. Truphone works in 220 countries and is available as… Continue reading Truphone calls up $118m
Dijit points at Miso
Hearst Interactive Media and Google Ventures were involved in a $4m funding round for GoMiso in December 2011.
Aratana Therapeutics pets RaQualia
Investors included RaQualia Pharma, which provides clinical and pre-clinical candidates for human patients
Amazon cuts LivingSocial value
Amazon in its regulatory filing said it owned 29% of LivingSocial worth $52m at the end of last year, down from $94m at end-September.
Telstra backs Whispir
Australia-based phone operator Telstra’s corporate venturing unit has invested A$4m in communications platform Whispir.
Telstra backs Mandoe
Australia-based phone operator Telstra’s corporate venturing unit has taken a minority stake in advertising platform Mandoe Media.
Shiff resigns at Telstra
Deena Shiff (pictured), head of Australia-based phone operator Telstra’s corporate venturing unit, has resigned. Shiff, who led Telstra’s A$50m ($52m) Application Ventures Group (AVG), has resigned but will be available as an adviser, according to news provider Australian. Matthew Koertge, managing director of AVG Australia, and Mark Sherman, his counterpart in the US, will jointly… Continue reading Shiff resigns at Telstra
Holtzbrinck tries on Outfittery
Holtzbrinck Ventures and HTGF invested an undisclosed amount in Paul Secret in June.
Ascension sees Ocular extension
All existing institutional investors, including Polaris Ventures, Versant Ventures, SV Life Sciences, Sparta, and Ascension Health Ventures participated at or above their pro-rata level in the current financing.