Alongside Comcast Ventures in the round were venture capital firms Catalyst Investors, which led, New Enterprise Associates (NEA), Valhalla Partners and Pinnacle Ventures.
Month: May 2013
Appurify cleans up with $4.5m
Appurify previously raised $1.75m in its seed round last year.
AlephCloud calls up $7.5m
AlephCloud is one of six start-ups to be selected for Orange Fab, a technology accelerator program managed by Orange Silicon Valley, a subsidiary of France Telecom.
Better Place found in bankruptcy
Better Place had by then raised a total of $850m in funding. $111m was raised in a Series A in 2007 led by Lend Lease Ventures
Mail.Ru sees way into Cortica
Mail.Ru Group, a Russia-based internet services provider listed in the UK, has made a $1.5m corporate venturing investment in Israel-based Cortica, which looks at images and videos through its Image2Text technology. Mail.Ru’s investment is a part of the larger round of undisclosed size and the company’s other investors include Horizons Ventures, Li Ka Shing’s family… Continue reading Mail.Ru sees way into Cortica
Automattic blogs about $50m
Tiger valued Automattic “just below” the $1.1bn, according to news provider Fortune.
Regado looks for $70m from Nasdaq
It will list 5 million shares at between $14 and $16 each to give an initial market capitalisation of about $215m, were it to price in the middle of its range.
Aspen grounded with convertible
It originally filed for its flotation in July 2011.
Fosun eyes private equity fund
Separately, state-backed Qatar Holding, Qatar Petroleum International and Qatar Electricity have partnered to form a private equity fund to invest in energy infrastructure investments outside of Qatar.
Cloudscaling reaches $10m in height
Cloudscaling, a US-based provider of online hosting services, has raised $10m in its series B round from a consortium including technology peers Juniper Networks and Seagate. The third member of the B round consortium was venture capital firm Trinity Ventures, which invested in Cloudscaling’s $4m A round in 2011. Michael Grant, chief executive of Cloudscaling,… Continue reading Cloudscaling reaches $10m in height
Nanostring pulls on flotation
In December, Morgan Stanley co-led a $15.3m series E preferred stock round of financing into NanoString Technologies.
Powermat kisses peer in deal
Powermat, an Israel-based company making wireless charging pads for mobile devices, has acquired Finland-based peer PowerKiss for an undisclosed amount. Powermat backers include New York-listed consumer goods company Procter & Gamble and car maker General Motors’ (GM) corporate venturing unit, while Powerkiss shareholders included venture capital firm Finnvera. In the past, Powermat and PowerKiss had… Continue reading Powermat kisses peer in deal
Epizyme to offer 4.285 million shares
Celgene owns 14.5% of Epizyme ahead of the initial public offering (IPO), after investing the portfolio company’s series C round.
Al Gore frames leadership question
A fuller write-up of the third annual Symposium will be in the June and July issues and the presentations that can be made public are here, but please let me know your thoughts, stories and insights (and ways we can improve for 2014).