Nokia-backed online advertising services company Rocket Fuel has reportedly selected Credit Suisse and Citigroup to lead its planned initial public offering later this year.
Month: February 2013
Fisker drives towards China
According to newswire Bloomberg, Dongfeng Motor Group, has offered $350m for an 85% stake in Fisker. Newswire Reuters said the company was favouring Geely’s bid.
360Buy raises $700m
Just three months after raising $400m, China-based, DST Global-backed website 360Buy has raised $700m.
Lightspeed holidays with Tujia
China-based Tujia.com, an online holiday rental service, has raised a total of $64m in its first two rounds after closing its series B financing.
The Big Deal: Correlation to success
VMware, a New York-listed provider of virtualization and cloud infrastructure, last week agreed to acquire Virsto, which provided the first exit for venture capital firm Correlation Ventures.
‘This time it’s different’
Checking into a hotel in Silicon Valley on Thursday I overheard the receptionist talking about biotech with her colleague. Presumably they were Stanford or Berkeley students, but it was hard to resist thinking it was a venture capital-era parallel to the old stock market dictum to “beware your shoeshine boy discussing stock options”. Attendants to… Continue reading ‘This time it’s different’
P&G adds Verix intelligence
Procter & Gamble, a US-listed consumer goods maker, has partnered with Israel-based Verix Business Intelligence, which has as its investors venture capital firms Carmel Ventures, Gemini Israel and Hillsven. Verix has invested $30m in its software-as-a-service to help the analysis of data. Andy Walter, P&G’s vice-president of global business services, said: “Verix technology and capabilities… Continue reading P&G adds Verix intelligence
Getonic calls time on $1.3m
Alongside TheTime, in which McCann bought a 15% stake as part of a $4m investment in April last year, were venture capital firm Rutledge Vine Capital, angel investor Mortimer Singer, and other angel investors, according to news provider Globes.
Tata bends into Flisom
Tata first invested in Flisom in September 2009.
ChromaCon partners with JSR
JSR, a Japan-based industrial company, has taken a minority equity stake in Switzerland-based healthcare purification technology provider ChromaCon as part of a worldwide commercial collaboration.
Aviir beats with second tranche
In December 2011, Aviir said it would raise up to $30m led by local drugs maker Merck’s Global Health Innovation corporate venturing fund.
Corporations incubate their ideas
Axel Springer, Turner Broadcasting, EMC and SoftLayer develop their accelerators.
Atlantium lights up with $9m
Aeris Capital, the family office of software provider SAP co-founder Klaus Tschira, and Benjamin Kahn, Altantium executive chairman, joined Aster, which is backed by France-based corporations Alstom, Solvay and Schneider Electric, in the round.
E27 dashes into funding
Alongside Japan-based B Dash in the syndicate were venture capital firms Pinehurst Advisors and Ardent Capital and Dan Neary. 8capita provided seed money to E27 last year.