AAA February 2013 – Page 5

Companies ‘paws’ for GxYz

Two Japan-based media groups have set up a joint venture to develop social gaming titles for smartphones Gree and Yahoo Japan have committed ¥200m ($2.2m) to this gaming venture, GxYz, which was named after a cat was brought into the office and allowed to walk across a keyboard, according to news provider Tech In Asia. … Continue reading Companies ‘paws’ for GxYz

Violin plays to $96.2m

Violin Memory, a US-based corporate venturing-backed maker of data storage equipment backed by Japan-based peer Toshiba, has extended its pre-flotation round by up to $50m. Violin increased the amount it is raising from private investors could reach $130m from a previously disclosed round of $80m and said in a regulatory filing it had now raised… Continue reading Violin plays to $96.2m

TechInvest goes inside for deal

Indoo.rs, an Austria-based indoor location and navigation technology has raised a “six-figure” seed round from a local consortium including “strategic investor” TechInvest. TechInvest is a local technology financing company owned by Hannes Bardach, chief executive of Frequentis. TechInvest invests in companies from the Frequentis start-up centre when technology is relevatn to Frequentis. Tecnet Equity, a… Continue reading TechInvest goes inside for deal

Rakuten buys Tradoria

Founded in 2007, Tradoria was owned by venture capital firm Seventure Partners (reported at 24 %), DuMont Venture (about 19 %) and the European Founders Fund of the Samwer brothers (about 11 %).