AAA August 2013 – Page 3

The Big Deal: 21st Century Fox turns to Vice

21st Century Fox, formerly a unit of Rupert Murdoch-owned News Corp, just made a big splash in corporate venturing. It has reportedly acquired a 5% stake worth $70m in US-based Vice Media, a web-based news site that sends journalists into precarious situations and now apparently valued at $1.4bn.  The deal marks the first investment by… Continue reading The Big Deal: 21st Century Fox turns to Vice

Monster goes wild on Green Mountain

Green Mountain Digital, a US-based maker of wildlife and nature apps, has raised $3.8m in series B funding led by Monster Worldwide, the owner and operator of employment website Monster.com, and the Vermont Seed Capital Fund, an evergreen equity fund capitalized by the State of Vermont and US Senator Patrick Leahy, along with angel investors.… Continue reading Monster goes wild on Green Mountain

Singapore’s EDBI extends Ivantis C round

Ivantis, a US-based healthcare company dedicated to developing treatments for glaucoma eye disease, has secured an additional $5m in the second close of its series B financing, led by EDBI, the corporate investment arm of Singapore’s Economic Development Board. In January, Ivantus raised $27m in its series B round from a consortium led by faith-based… Continue reading Singapore’s EDBI extends Ivantis C round

Times Internet joins Skift’s travels

Times Internet, a unit of India-based media conglomerate The Times Group, is reported to have invested an undisclosed amount in US-based travel business news and data provider Skift.com. The company plans to expand its data services, build its sales infrastructure and increase its workforce. Previously, in May 2013, Skift raised seed funding of $1.1m, led… Continue reading Times Internet joins Skift’s travels

SevenVentures focuses on Brille24

Brille24, a Germany-based online optician, has received an undisclosed amount of strategic investment from SevenVentures, the venture arm of Germany-based media company ProSiebenSat.1. The investment will fund further growth of the company.  Under the terms of the transaction, Brille24 will be able to advertise for new customers on the German TV channels of the ProSiebenSat.1… Continue reading SevenVentures focuses on Brille24