The company is launching with 50 clients, including Corel, Punchh, and AlterPoint.
Month: March 2013
Matterport snaps up $5.6m
Alongside Qualcomm Ventures in the A round were venture capital firms Lux Capital, which led the round, Felicis Ventures, Red Swan Ventures and Greylock Partners and angel investors.
Innovid advertises its $11m
In August 2011, Innovid raised $9.5m in its B round from T-Venture, Sequoia Capital and Genesis Partners.
KannaLife relaxes with $1.5m
Medical Marijuana (MJNA) and CannaVest led the A round.
Orange Fab accelerates away
France Telecom’s mobile phone network operator Orange has started an accelerator in the US. Orange Fab is a three-month programme – deadline 7 April – running in Silicon Valley, California, with $20,000 in funding and advice from mentors. Incubees will then present their ideas at demonstration days in Paris, France, and San Franciso. Georges Nahon,… Continue reading Orange Fab accelerates away
Pixlee springs into $1m
In January, Axel Springer said it had also bought a 49% stake in Germany-based conference provider Hy! Berlin.
NY Times incubates media
US-based publisher New York Times has started a media incubator. TimeSpace will host up to five start-ups in the publisher’s New York City office. The Times also will potentially fund the incubees after they raise money from other sources. Its existing corporate venturing portfolio holds: Adtivity by Appssavvy, Automattic, Betaworks, Betaworks, Federated Media Publishing (FMP)… Continue reading NY Times incubates media
Monoqi designs quarter sale
Condé Nast Germany, a local subsidiary of US-based publisher Advance Publications, has acquired 26% of Monoqi, a Germany-based contemporary design start-up. Simon Fabich and Felix Schlegel founded Monoqi in 2011. Moritz von Laffert, president of Condé Nast Germany and vice president of Condé Nast International, said: “Within only a few months, Monoqi has established itself… Continue reading Monoqi designs quarter sale
Liberty commits to Ideiasnet
Liberty Media, a US-based company, has acquired 5.1% of Ideiasnet, a Brazil-listed venture capital firm. Greg Maffei, Liberty Media’s executive president, said: “Brazil presents significant market opportunity with a growing economy and a large population with upward mobility. We found a great entry point through our Ideiasnet investment.”
Altman joins Healthymagination
His previous investments as a partner at CMEA from 2006 include Visiogen (acquired by Abbott in 2009), InSound Medical (acquired by Sonova in 2010), and VasoNova (acquired by Teleflex in 2011).
Mac IT-Solutions gains Tengelmann
Angel investor Dirk Wieland has also acquired 25.1%.
Linio climbs Summit
Linio, a Germany–based online retailer active in Mexico, Colombia, Peru and Venezuela, has raised €20m ($26.5m) from private equity firm Summit Partners. The investment follows Germany-based retailer Tengelmann’s reported $15m to $20m in Linio last month, according to news provider the Next Web. Tengelmann invested nearly $20m in Linio’s Asia-focused peer, Lazada, in January, shortly… Continue reading Linio climbs Summit
Perfect World commits to fund
According to a source to Pedaily.cn, Perfect World, a China-based media group, has committed an extra RMB396m ($65m) in a corporate venturing fund.
Incubate’s second fund plan
News provider Japanese Venture News said Dena had yet to commit to the second Incubate fund, which instead had raised money from other corporations.