AAA November 2013 – Page 7

Qualcomm co-leads TabTale’s next chapter

TabTale, an Israel-based creator of interactive books, games, and educational apps for children, has received $12m funding co-led by semiconductor company Qualcomm Incorporated, through its venture capital arm Qualcomm Ventures, and existing investor Magma Venture Partners; the funding round included the participation of investors including Vintage Investment Ventures. The latest funding round brings TabTale’s total… Continue reading Qualcomm co-leads TabTale’s next chapter

6Wunderkinder raising $30m

6Wunderkinder, a German-based developer of the Wunderlist task management mobile application (app), is reported by TechCrunch to have raised a series B investment round of $30m, which includes Sequoia Capital as a new investor making its first investment in Germany. Previously, 6Wunderkinder raised $4.2m Atomico, the venture capital firm set up by Kazaa and Skype… Continue reading 6Wunderkinder raising $30m

Optus-Innov8 Seed open 24/7

Optus-Innov8 Seed, an Australia-based seed fund and accelerator which is a collaboration between Optus and SingTel Innov8, the corporate venturing unit of Asia-based communications company SingTel Group, is now open for applications all year round.  The accelerator invests up to AUD250,000 ($235,000) per startup. Optus-Innov8 Seed’s blog states:  “We recognise that early-stage entrepreneurs have real-time… Continue reading Optus-Innov8 Seed open 24/7

Hearst Ventures’ Kliavkoff named co-head of Hearst Entertainment & Syndication

Hearst Corporation, a US-based media company, has named Neeraj Khemlani and George Kliavkoff as co-presidents and group heads of Hearst Entertainment & Syndication. Kliavkoff will continue leading Hearst Ventures, the company’s corporate venture fund, while Khemlani will continue leading Hearst Digital Studios, which works across Hearst to support creative innovation and development of digital products.… Continue reading Hearst Ventures’ Kliavkoff named co-head of Hearst Entertainment & Syndication

Vodafone’s Xone links with UAE

Vodafone Egypt’s Xone incubator is reported to have signed a cooperation deal with Dubai-based Seed Group, to export Egyptian start-ups to the United Arab Emirates market. Mohammed Al-Ayouti, manager of Vodafone Egypt’s Xone incubator, said to Ahram Online: “We plan to help Egyptian technology start-ups to export their services to Arab countries. This deal in… Continue reading Vodafone’s Xone links with UAE

Hennessey changes name to Hitachi

Hennessey Capital, a division of financial services unit Hitachi Capital America Corp and part of the Japan-based engineering and electronics conglomerate Hitachi, has changed its name to Hitachi Business Finance to “better reflect the global power and strength of its parent company”. Hennessey Capital was acquired by Hitachi Capital America Corp in 2012. Mike Semanco,… Continue reading Hennessey changes name to Hitachi