Netcall, a software company increasingly interested in how social media data can transform and benefit client business, has invested up to £250,000 in a £1m series A round for UK-based Macranet (trading as Sentiment). Elderstreet VCT also participated in the funding. Sentiment’s cloud-based platform monitors global social media, providing solutions in the area of customer… Continue reading Netcall ‘Sentiment’ clear in £1m funding
Month: January 2014
ISAI, XAnge all aboard Evaneos $6m series B deal
ISAI, a French early stage and small cap private equity fund backed by a growing list of European – largely French entrepreneurs and high ranking senior executives – has re-invested in French travel agency-linked business, Evaneos. Fellow corporate venturing outfit, XAnge Private Equity, also participated in the $6m series B round. The company has raised $7m since it was established in 2009.
Heureka II European internet fund hits $110m
Heureka II growth equity fund, managed by Acton Capital Partners, and backed by Hubert Burda Media raises $110m at first close.
FRX bags Evonik-led funding
Flame-retardant plastic maker FRX Polymers raises $12 million series C financing led by Evonik Venture Capital and including BASF Venture Capital.
Google rocks with Nextbit
Nextbit Systems, a US-based mobile technology startup which remains in stealth mode, has raised $18m series A funding, led by Accel Partners and Google Ventures, the corporate venturing arm of internet firm Google. As part of the fundraising, Nextbit will add Rich Miner, mobile lead at Google Ventures, and Rich Wong, lead mobile partner at… Continue reading Google rocks with Nextbit
MemorialCare gives Ivantis clearer future
MemorialCare Innovation Fund, a strategic investment company wholly owned by the MemorialCare Health System, has participated in a series B round of funding for eye stent specialist Ivantis worth $46.5m.
Salesforce seals golden deal with Alchemist
Sales management platform Salesforce invests an undisclosed sum in B2B-focused Stanford accelerator Alchemist.
SanDisk sets store by Nexenta
SanDisk Ventures, the corporate venturing unit of SanDisk, a US-based provider of flash storage, has invested an undisclosed amount in Nexenta Systems, a US-based provider of software-defined storage (SDS). Previously, in March 2013, Nexenta raised $24m in its series D round from a consortium including Japan-based conglomerate Sumitomo and chip maker UMC’s corporate venturing units.… Continue reading SanDisk sets store by Nexenta
Google acquires Impermium
Impermium, a US-based cyber-security company which offers to protect websites against spam, fraud, and abuse, and which has been backed by investors including AOL Ventures, has been acquired by internet company Google for an undisclosed amount. Previously, Impermium raised $9m from firms including Accel Partners, AOL Ventures, Charles River Ventures, Data Collective, Freestyle Capital, Greylock… Continue reading Google acquires Impermium
Ringing in an ethical new year
The beginning of the new year this month (Gregorian on the 1st and Chinese on 31st) is a good time to look ahead at what the future might bring for the providers of innovation capital. Toby Lewis, editor of Global Corporate Venturing (GCV), and Gregg Bayes-Brown, editor of Global University Venturing (GUV), have run their… Continue reading Ringing in an ethical new year
Inventus-backed Vizury on fundraising trail
Inventus Capital Partners portfolio company, Vizury, an India advertising retargeting start-up already backed by Nokia Growth Partners, is looking to raise $20m in a series C round of funding led by its existing backer. Prior to this fundraising the company has raised a reported $11m.
Jabbar jumps in with Instabeat
Lebanon-based wearables start-up Instabeat has raised an undisclosed amount of series A funding from Wamda Capital, Jabbar Internet Group, a Dubai-based group of internet companies across the Middle East, and a group of angel investors, including Google’s Georges Harik. The company wants to use the funds to accelerate its growth and bring its first product… Continue reading Jabbar jumps in with Instabeat
Bakrie finds Path to social media
Path, an extremely popular private social media company in Indonesia, has raised $25m in a series C round led by Indonesia energy and telecommunications conglomerate Bakrie Group. Existing backers that also participated in this latest round include Greylock Partners, Kleiner Perkins, Index Ventures, Insight Venture Partners, Redpoint Venture Partners and First Round Capital. The target… Continue reading Bakrie finds Path to social media
IDG India still has eye on Forus
IDG Ventures India has participated in a series B round funding in existing portfolio company Forus Health. The company has raised $13.2m to date.