Web hosting company invests $600,000 in provider of cloud-based code editor for software developers.
Month: July 2013
Ouya offers developers a kick
Nvidia-backed video game console OUYA establishes $1m game development fund.
Google and Salesforce pick up Apportable
Google Ventures leads $2.4m seed funding for technology startup Apportable, with participation of Salesforce.com and others.
Softbank stays with Taykey
Taykey, a US and Israel-based topical advertising channel, has raised $6m in its third round of funding provided by new investor, venture capital firm Tenaya Capital, along with existing investors Softbank Capital, the strategic investment affiliate of Japan-based telecommunications, internet and media conglomerate Softbank Group, and venture capital firms Sequoia Capital and Marker. The latest round… Continue reading Softbank stays with Taykey
TOA Technologies fields $66m
Intel-backed TOA Technologies takes total funding to over $100m with latest finance from Technology Crossover Ventures.
Google tunes in to Swell
Smart radio app raises $5.4m series A funding from investors including Google Ventures.
Westly leads Ioxus series C funding
Existing, corporate venturing investors Energy Technology Ventures and Aster Capital join $15m series C funding round for energy storage company.
United Internet Ventures invests in Open-Xchange
United Internet goes from customer to investor as it joins $20m funding round for software developer of web desktop.
Intel grasps Omek Interactive
Intel Corporation, US-based microprocessor maker, has acquired Israel-based technology developer Omek Interactive, one of Intel Capital’s investee companies. The acquisition price is estimated to be around $40m. Prior to the acquisition, Omek Interactive had raised a total of $14m; Intel Capital, Intel’s corporate venturing unit, led Omek Interactive’s $7m third round of financing in July… Continue reading Intel grasps Omek Interactive
Alibaba’s Taobao and Qyer.com become travel companions
Alibaba Group, a Hong Kong-based e-commerce group, has made an undisclosed investment in Qyer.com, a China-based online travel agency which provides travel-related content and services for overseas travel. Alibaba is reported to have stated that Qyer.com will complement its Chinese language e-commerce site Taobao Travel: “The synergy between the two platforms will serve to create… Continue reading Alibaba’s Taobao and Qyer.com become travel companions
Hydra’s heads emerge into light
The Hydra of Greek mythology was able to regrow its heads when it had one cut off. Germany-based sportswear company Adidas Group will be hoping its corporate venturing unit Hydra Ventures will demonstrate a similar durability. During the last two years Hydra has maintained a low profile. Yet this does not mean it has been… Continue reading Hydra’s heads emerge into light
On-Ramp Wireless ups funding
New corporate investor Enbridge and existing investors Third Wave Ventures and Energy Technology Ventures add $15m to series C round for wireless device connection system provider.
Naspers increases bond sale to $1bn
Myriad International Holdings (MIH), the electronic media arm and wholly owned subsidiary of South Africa-based media group Naspers, has placed a further US$250m 6% notes due 2020 (follow-on bonds). The placement follows MIH’s successful pricing of a bond offering of $750m 6% notes due 2020. As with the original offering, Naspers, which is guaranteeing the… Continue reading Naspers increases bond sale to $1bn
European Lead Factory compounds cash
The 30 partners in the European Lead Factory plans to contribute at least 300,000 compounds and develop about 200,000 more compounds.