Nextdoor, a neighbourhood social network, raises $60m series C funding from Tiger Global and KPCB, along with Comcast Ventures.
Month: October 2013
Payfone gets Early Warning
Mobile authentication company Payfone receives $10m equity investment from financial services fraud detection firm Early Warning.
IfOnly funds come true with Amex
IfOnly, an e-commerce site which sells experiences and goods endorsed by “luminaries”, is reported to have raised $12m in series A funding from investors including American Express Ventures and Advance Publications.
Qualcomm and SanDisk hear Magisto story
Qualcomm Ventures and SanDisk Ventures join $13m series C funding round for Israeli video storytelling app Magisto.
Nexon resonates with Rumble
South Korean video game publisher Nexon leads $17.5m series B round of financing for US peer Rumble Entertainment.
Digicel strikes it with Flint Mobile
Jamaican mobile telecoms company Digicel leads $6m funding for mobile payments app developer Flint Mobile.
SAP Ventures Fund II makes first investment into Convercent
Convercent, provider of a compliance management dashboard, has raises $10m in series B funding led by SAP Ventures.
Google gives Highfive backing
Highfive.com, a US-based technology startup which is developing a business communication tool, has raised $13.5m series A funding led by venture capital firm General Catalyst, with participation from venture capital firm and Andreessen Horowitz and Google Ventures, the corporate venturing unit of internet search firm Google. The series A round is reported to have included… Continue reading Google gives Highfive backing
Big Deal: Biotech IPO analysis
And when corporations perceive public market mis-valuation they can step in.
Reading the future in San Diego
Last week San Diego hosted a significant part of the venture industry, with Intel Capital and Qualcomm Ventures, the corporate venturing units of the US-based semiconductor companies, as well as the National Venture Capital Association hosting consecutive events. The more than 1100 attendees at Intel Capital’s summit [photos here] were afforded an insight into Intel… Continue reading Reading the future in San Diego
Pivot3 turns in $14m
Pivot3, a US-based supplier of video surveillance and virtual desktop infrastructure (VDI) storage appliances, whose existing investors include Samsung Ventures, has raised $14m in new investment and working capital. The round consists of additional equity funding as well as other financial support from investors and key business partners: the equity funding was led by InterWest… Continue reading Pivot3 turns in $14m
Pinterest pins down $225m
Latest $225m series D funding round for Pinterest, previously backed by Japanese e-commerce company Rakuten, values the content collecting and sharing website at $3.8bn.
Corporate Venturing in the Life Sciences Conference
The Corporate Venturing in Life Sciences Conference will provide corporate venturing and commercialization professionals with a unique opportunity to join their peers in the pharmaceutical, biotechnology, and medical device industries to discuss issues central to enhancing their venturing, licensing, and innovation practices.
Novartis lines up $300m Sideris drug acquisition
Novartis Pharmaceuticals signs deal worth a possible $300m to acquire the lead drug asset of Sideris Pharmaceuticals for the treatment of transfusion-related iron overload; concurrently, Sideris raises $32m series A funding.