Former Microsoft Windows president Steven Sinofsky joins venture capital firm Andreessen Horowitz.
Month: August 2013
Russia’s Almaz boosts Silicon Valley team
Almaz Capital, a Russia-based venture capital firm which recently launched Almaz II, a $102m fund with technology company Cisco and the EBRD as anchor investors, has hired Ross Hangebrauck and Daniil Stolyarov to join its US office in Menlo Park, California. Ross Hangebrauck joins Almaz as managing director. Most recently, Hangebrauck was co-founder of computer… Continue reading Russia’s Almaz boosts Silicon Valley team
Cool Planet to build bio-refinery in Louisiana
Corporate-backed biofuel developer set to invest $168m building first three commercial bio-refineries in the US state of Louisiana.
Panasonic swoops on Pelican
Panasonic Corporation adds to $20m series C funding for mobile camera technology startup Pelican Imaging.
IP Bank leads $3.5m PV Nano Cell deal
Infinity IP Bank of China has led a $3.5m series A round in Israel-based PV Nano Cell, alongside co-lead investor Karat, the Israel Electric Corporation’s corporate venturing unit, and including the participation of Belgium-based Slobel and early-stage, Israel-based venture firm Terra VP venture capital fund, . The target company develops and manufactures nano metric materials that enable non-contact printing… Continue reading IP Bank leads $3.5m PV Nano Cell deal
Nipro invests $25m and gains Infraredx board seat
Japan medical device company, Nipro Corporation, has made a $25m equity investment in Infraredx, a US-based privately funded medical device company that has developed and commercialised the only multimodality imaging system to combine both intravascular ultrasound (IVUS) and near infrared spectroscopy (NIRS). Its device enables cardiologists to predict peri-procedural heart attacks by assessing not only… Continue reading Nipro invests $25m and gains Infraredx board seat
Axeda connects to $12m
Provider of Internet of Things and M2M technology closes $12m growth funding round with backing of Wipro and Mitsui.
Intel and Fortinet add to HyTrust’s C round
HyTrust, a US-based cloud security platform which provides automated security and compliance enforcement for virtual infrastructures, has extended its oversubscribed series C financing by $6m to $18.5m, with financing from new investors Intel Capital, the corporate venturing arm of microprocessor maker Intel, and Fortinet, a US-based company which manufactures firewalls and network security appliances. The… Continue reading Intel and Fortinet add to HyTrust’s C round
Taulia increases fund supplies
Taulia, provider of supplier invoicing and payments software, is raising $18m of series C funding from investors including Canadian telecommunications company Telus.
Uber hitches ride to Google’s $258m
US-based on-demand car service Uber has raised $258m from search engine provider Google a few months after former investor MG Siegler joined its corporate venturing unit. Other investors are investing a further $105m in Uber’s shares, according to a Delaware regulatory filing seen by news provider All Things D. Two sources told newspaper San Jose… Continue reading Uber hitches ride to Google’s $258m
Forces collide in connected devices accelerator
As corporations continue to invest increasingly at the early stage, the launch of a new accelerator – the R/GA Connected Devices Accelerator – sees two top-tier groups coming together: global advertising holding company Interpublic (of which R/GA is part, creating advertising and marketing products based in technology and design) and technology accelerator TechStars. Interpublic has already… Continue reading Forces collide in connected devices accelerator
Google joins Cluster of investors
Photo-sharing app Cluster raises $1.6m seed funding from investors including Google Venture.
Google sees present future in NoRedInk
English grammar website NoRedInk raises $2m from investors including Google Ventures.
Naked Wines quaffs $10m
WIV Wein International invests for third time in kickstarter for wine.