The other named investor in the round was Chang You Fund, which had seeded the company and is angel fund of Zhi Tan the former chief executive of Focus Media.
Month: April 2013
Spacetime Industries launches
Spacetime’s product, Robinhood, scores people on how accurately they predict share prices.
Intel chips into Netronome
Also in the E round was Nasdaq-listed Sourcefire.
Intel eats at Mashery
Founded in 2006, Mashery has raised at least $34.7m across about five rounds from consortia including Cisco.
Anaplan expands series C
Enterprise performance applications provider Anaplan has expanded its series C round to $33m with participation from software provider Salesforce.
SBI invests in Panviva
Panviva has raised $4m in series B funding from SBI Jefferies Asia Fund.
Syros gains control with $30m
Gene control life sciences company Syros Pharmaceuticals has raised its first ever round of funding with a $30m series A round from Flagship Ventures, Arch Venture Partners and WuXi PharmTech Corporate Venture Fund.
STC Ventures interacts with Acadox
STC Ventures Fund said it now had a “significant minority stake” in Acadox, which recently graduated from the New Ventures & Entrepreneurship Program of King Abdullah University of Science & Technology (Kaust).
Elsevier acquires Mendeley
Elsevier has acquired Mendeley, a cloud-based research management and social collaboration platform for between a reported $69m -$100m
IDG plays with Plain Vanilla
Plain Vanilla, a publisher of social trivia games, has raised $2.4m in an A round of funding from backers which include Greycroft Partners, Tencent, BOLDStart Ventures, IDG Ventures, CrunchFund, Mesa Global and Riot Games.
Qunar raises $57m
Baidu acquired a majority stake in Qunar in 2011 for $306m.
AMP Therapeutics treats two
Boehringer Ingelheim Venture Fund and Novartis Venture Funds back AMP’s A round.
Boehringer looks into Eyevensys
BIVF is also an investor in the Inserm Transfert Initiative.
Dysis Medical sets forth to $11.3m
Dysis Medical, a UK-based medical devices company to treat cervical cancer formerly known as Forth Photonics, has raised £7.4m ($11.3m) from a consortium including Lundbeckfond Ventures, the quasi-corporate venturing unit of the eponymous Denmark-based foundation that owns large stakes in local healthcare companies. Lundbeckfond Ventures invested £6m as a new investor with the other investors… Continue reading Dysis Medical sets forth to $11.3m