We have entered a world where, for many, investiing has become about much more than being able to deliver returns. Expect relationships in the venture industry for those who do not understand this to become more complicated.
Month: August 2013
Gaule’s Question Time: Debra Brackeen
Andrew Gaule talks with Citi Ventures’ Debra Brackeen.
Intel and Xilinx replenish Oasys
Electronic design automation company raises further funds from previous strategic investors.
Run’s off with Verizon
Run, a US-based mobile-focused advertising management platform, has secured a $1.5m investment from Verizon Ventures, the strategic investment arm of US broadband and telecommunications company Verizon Communications. The investment will be used to advance product development and hire more staff. Mark Smith, executive director of Verizon Ventures., said: “We at Verizon Ventures continually seek to… Continue reading Run’s off with Verizon
ICG Ventures remixes with Slicebooks
Publishing platform for remixing content raises seed funding from Ingram Content Group.
Pearson invests in English language app Voxy
Pearson and Rethink Education and lead $8.5m series B round of funding for English language learning web and mobile platform Voxy.
HootSuite raises record $165m
Social media management platform, backed by Hearst, raises $165m led by Insight Venture Partners for its series B financing round.
AbbVie follows Abbott in backing AuraSense
AbbVie participates in follow-on series B funding for gene therapy company AuraSense Therapeutics.
BrightSource Energy raises $15m and signs Chinese MOU
Concentrating solar thermal power technology (CSP) company, backed by Alstom Power, Chevron and BP, raises $15m and becomes technology supplier to China’s first commercial scale CSP project.
Softbank feeds up RebelMouse
Softbank Capital and Oak Investment Partners lead $10.25m series A funding for social media aggregation site.
Accenture joins $35m financing of Apigee
API management platform raises $35m led by BlackRock, joined by Accenture and including existing corporate investor SAP.
Sikorsky taking innovators vertical
Sikorsky Innovations has launched its 4th Entrepreneurial Challenge to accelerate applications in vertical flight.
Robert Bosch, SanDisk and Xiaomi skim Pebbles
Robert Bosch Venture Capital and SanDisk Ventures invest in $11m financing round for Pebbles Interfaces, developer of gesture-based interaction with digital devices.
Dicerna Pharmaceuticals raises $60m
Dicerna Pharmaceuticals, a US-based biopharmaceutical company which is developing RNA interference (RNAi)-based therapeutics, has closed a $60m series C financing. The round was led by new investor, private investment bank RA Capital, with the participation of new investors, investments firms Brookside Capital, Deerfield, and Omega Funds. All of Dicerna’s existing institutional investors also particpated: Abingworth… Continue reading Dicerna Pharmaceuticals raises $60m