Germany’s eDarling, the online dating business backed by Rocket Internet, the international e-commerce incubator founded by the Samwer brothers, has bought back its shares from US partner eHarmony. In 2010, eHarmony bought a 30% stake in eDarling, with an option to buy the rest at a later date. That offer is off the table and… Continue reading Rocket-backed eDarling buys back shares
Month: May 2013
Forest Labs leads $60m investment in Trevena
Healthcare company Forest Laboratories leads $60m series C round in Trevena.
Hub:raum accelerates Reputami
Deutsche Telekom incubator funds Reputami.
RXi Pharma pulls in $26m
RXi Pharma, the Opko Health-backed firm, secures $26m.
Naspers buys into Konga.com
South African media giant Naspers takes stake in Nigerian online shopping outfit.
Qualcomm plays $3.8m card to Playdek
Qualcomm Ventures leads series A round in mobile game publisher Playdek.
Racktivity racks up $3.2m in series C cash
Partech International, the Franco-American venture capital firm backed by Edenred, the French employee benefits services provider, participates in $3.2m round for Racktivity.
AOL’s CrunchFund plants seed in CumuLogic
Cumulogic, a Santa Clara, California-based provider of platform solutions, has raised an undisclosed amount of seed funding thanks to CrunchFund, a venture firm set up with the backing of technology company AOL. In September last year, US virtual computing provider Citrix invests an undisclosed sum in Cumulogic. According to multiple reports, the company has raised… Continue reading AOL’s CrunchFund plants seed in CumuLogic
MAS tunes into Attune with $20m
Sri Lankan apparel maker MAS Holdings backs Attune to the tune of $20m.
Docomo virtualises Midokura fundraising
Docomo Innovations, a corporate venturing unit of Japan-based phone operator NTT, joins $17m Midokura round.
Ribbit and Susquehanna co-lead $30m Credit Karma round
Ribbit Capital, which raised $100m for its debut fund from limited partners including financial services firms BBVA and Silicon Valley Bank in January, has co-led a $30m round in Credit Karma, an online personal credit tracking service. Susquehanna Growth Equity, the private equity division of financial group Susquehanna, joined Ribbit in the series B fundraising. They… Continue reading Ribbit and Susquehanna co-lead $30m Credit Karma round
Comcast elects ElectNext for seed cash
Comcast Ventures, the corporate venturing division of the eponymous US-based cable and telecommunications corporation, participates in seed round for ElectNext.
Revance gets $33m to trial anti-wrinkle treatment
CNF Investments-backed Revance lands $33m in series E cash.
Hammer falls on $20m round for Auctionata
Germany-based online auction house Auctionata has raised $20.2m for global expansion of its live online art, antiques and collectibles auctions from Earlybird Venture Capital. Earlybird joins a team of investors that includes Bright Capital, the corporate-backed venture firm and eVenture Capital Partners, which is backed by Germany-based retailer the Otto Group. Kite Ventures, HV Holtzbrinck… Continue reading Hammer falls on $20m round for Auctionata