AAA March 2013 – Page 8

Intel chips into WebRadar

WebRadar, a Brazil-based big data company, has raised multi-million dollar investment from Intel Capital, the corporate venturing unit of the eponymous US-listed chip maker. David Thomas, managing director for Intel Capital in Latin America, said: “Even though it is still early in Brazil, the big data market has already reached $4.8bn worldwide and is one… Continue reading Intel chips into WebRadar

Zühlke fixes Tenon Tech

Tenon Technology, a Switzerland-based medical device maker developing implants for fixation of the sacroiliac joint, has raised an undisclosed amount in its series A round from a consortium including Zühlke’s corporate venturing unit. Alongside Zühlke Ventures in the round were undisclosed US investors and entrepreneurs. Martin Rutishauser, executive partner at Zühlke Ventures and chairman of… Continue reading Zühlke fixes Tenon Tech

Rakuten raises $10m fund

Rakuten, a Japan-based online retailer, has started a $10m corporate venturing fund to invest in south-east Asia. Toru Shimada, executive chairman of Rakuten Asia and head of its Startup Strategic fund, told news provider Tech In Asia: “Within Asia, we already have e-commerce businesses in Thailand, Malaysia, Indonesia, and Taiwan and plan to expand further… Continue reading Rakuten raises $10m fund

Arieso locates JDSU exit

JDSU, a Nasdaq-listed networks company, has acquired Arieso, a UK-based provider of location-aware software for mobile carriers backed by chip maker Qualcomm’s corporate venturing unit, for $85m in cash. In February 2008, Arieso raised £5m ($7.5m) from Qualcomm Ventures and venture capital firms Carbon Trust, Oxford Capital Partners, Top Technology and Add Partners. Founded in… Continue reading Arieso locates JDSU exit