Separately, Joel Krikston left JJDC last month to become president of RedLine Advisors.
Month: June 2013
Percival leaves Wittlebee
In April last year, Wittlebee raised $2.5m in its seed round from Google Ventures and venture capital firms Crosslink Capital and Rincon Venture Partners.
Brinkmat safe with Delivery
Brinkmat, a US-based website for free local pick-up and delivery of laundry, dry cleaning and tailoring backed by Cantor Ventures, the corporate venturing unit of the Cantor Fitzgerald financial trading firm, has sold its “key assets” to peer Delivery for an undisclosed amount.
Bluebird flies towards IPO
Bluebird Bio, a US-based gene therapy specialist, plans to float on the Nasdaq stock exchange with a market capitalization of about $328m. Bluebird plans to offer 5 million shares at between $14 and $16 each, with a further $750,000 shares available if demand is strong. Investment banks JP Morgan and BoA Merrill Lynch are Bluebird’s… Continue reading Bluebird flies towards IPO
PTC floats towards Nasdaq
PTC Therapeutics, a US-based drugs developer for muscles, plans to float on the Nasdaq stock exchange with a market capitalisation of about $322m. PTC plans to offer 6.9 million shares at between $13 and $16 each. PTC posted a $26m net loss on $34m in revenue for last year, compared to $30m in net income… Continue reading PTC floats towards Nasdaq
Mir Capital
Mir Capital stakes out Packer Service Group.
Vigilent eyes up Telus
Vigilent, a US-based developer of energy management systems for data centres formerly known as Federspiel Controls, has raised an undisclosed amount from Telus Ventures, the corporate venturing unit of the eponymous Canada-based phone operator. The investment by Telus follows the successful deployment of the Vigilent system, which can cut cooling energy consumption in such buildings… Continue reading Vigilent eyes up Telus
Fastly speeds to $10m
Fastly, a US-based provider of web acceleration services backed by media group O’Reilly’s corporate venturing unit, has raised $10m in its series B round from a consortium including venture capital firm August Capital. O’Reilly AlphaTech Ventures and VC firms Amplify Partners, and Battery Ventures previously provided an undisclosed amount of seed money to Fastly, which was… Continue reading Fastly speeds to $10m
GetWellNetwork treated with AHV
Private equity firm Welsh Carson Anderson & Stowe acquired GetWellNetwork at the start of the year.
AHV runs to Cheetah Medical
Alongside Robert Bosch Venture Capital (RBVC) and Ascension Health Ventures (AHV) in the round were venture capital firms Springfield Investments and MVM Life Science Partners.
Personal Capital manages $25m
Brian Ascher, partner at Venrock and new addition to Personal Capital’s board, added: “There are now more mutual funds than individual stocks. Customers don’t want another investment product, they want a personalized new way to protect, manage and grow their money.”
Affirmed Networks raises $51m
Affirmed Networks, a US-based mobile networking service, has raised $51m in its series C round from a consortium including Germany-based phone operators Vodafone Deutsche Telekom’s (DT) corporate venturing units. Alongside Vodafone Ventures and DT’s T-Venture units in the C round were venture capital firms Bessemer Venture Partners, which led, KCK Group, Charles River Ventures, Lightspeed Venture… Continue reading Affirmed Networks raises $51m
Intel raises fund and motions in Thalmic Labs
Intel, a US-listed chip maker, has set up a $100m corporate venturing fund to help integrate human-like sensing technology into devices. Intel Capital, Intel’s global investment and mergers and acquisitons organisation, will manage the Intel Capital Experiences and Perceptual Computing Fund that will invest the $100m over the next two to three years. Its first… Continue reading Intel raises fund and motions in Thalmic Labs
Bloomberg betas with $75m
The fund, Bloomberg Beta, has already backed Newsle, MkII, Nodejitsu, Codecademy, Errplane and ProsperWorks.