Google Ventures, the corporate venturing unit of the eponymous search engine provider, backs A round.
Month: April 2013
Ambassador closes on Bookshout
Daryle Doden, chief executive of Ambassador Enterprises, said: “Bookshout is eliminating the guesswork and building tools that let content creators take control of their audience.”
Praxis taps into Acumen
In 2011, Acumen reacquired ACU-193 and other assets from drugs peer Merck.
Radius glows with $43m
Radius Health, a US-based developer of drug therapies for osteoporosis and women’s health backed by Switzerland-based peer Novartis, has raised $43m after pulling its planned stock market flotation at the end of last year. Novartis’s pharmaceutical business unit invested in Radius’ latest round through its joint programme with venture capital firm MPM Capital’s MPM Bio… Continue reading Radius glows with $43m
ParAccel exits to Actian
In 2011, ParAccel raised $15m in an Amazon-led E round.
GE invests $104m in Pivotal
General Electric (GE), a US-listed industrial conglomerate, has invested $104m for 10% of Pivotal, a spin-out from data and cloud services provider EMC/VMware. A GE insider said the deal was struck by its software centre’s business development team, which does venture capital, mergers and acquisitions and major partnerships, but, “since it was such a large… Continue reading GE invests $104m in Pivotal
Omnivore slices into Arohan
Pork integrator Arohan Foods has raised an undisclosed amount, reported to be about R4 crore in series A funding from venture capital firm Omnivore Partners.
Gree gives Luxola make-over
The series A round is reportedly valued at $2m, according to news provider TechCrunch.
Infosys launches $100m fund
Infosys has previously seen some spin-outs, including VAS firm OnMobile and Yantra Corp, which was acquired by SBC Communications.
IMJ and Fenox form $4m fund
The fund will specialise in mobile, internet and software technologies in south-east Asia, Japan and the US.
Incubate reads up on ResuPress
Incubate Fund backs local start-up ResuPress, as it continues raising its second fund.
CyberAgent speaks the Language
Language management system, language cloud, has raised an undisclosed amount of funding from CyberAgent Ventures for expansion outside of Japan.
Cybernoids raises $557,000
Cybernoids develops two-dimensional animation technology.
TicketStreet clips its A round
TicketStreet has raised $650,000 in a A round of funding from Mitsubishi UFJ Capital and Mizuho Capital.