Digital local advertising company YP acquires Intel-backed, location-based mobile advertising technology company Sense Networks.
Month: January 2014
Castrol InnoVentures closes on Peloton, GreenSteam and Zubie
Castrol InnoVentures, a UK-based strategic investment unit of Castrol Lubricants, has closed 2013 with three investments in the ‘smart mobility’ sector: $2m in GreenSteam, a Faroe Islands-based technology company specialized in energy saving solutions for commercial marine vessels; an undisclosed amount in US-based Peloton Technology, which is advancing safety and efficiency technology solutions in the… Continue reading Castrol InnoVentures closes on Peloton, GreenSteam and Zubie
AOL Ventures’ ex-president Jon Brod starts up Confide
Jon Brod, former president of AOL Ventures, has surfaced as co-founder and president of Snapchat-like business messaging service Confide.
Mister Spex appoints Peter Williams as chair
Mister Spex, a Germany-based online optician which is backed by investors including multi-corporate fund Xange Capital, has appointed former Selfridges CEO Peter Williams as chairman.
View takes in $100m
View, a US-based, dynamic glass maker for architectural windows, has received $100m financing from growth capital investment firm Madrone Capital Partners. View has now raised over $336.5m in venture capital, and a $4m grant from the state of Mississippi. Most recently, in June 2013, View raised a $60m series E funding round led by Corning… Continue reading View takes in $100m
DemoHour raises series A funds
China-based crowdfunding site DemoHour is reported to have secured an undisclosed amount of series A funding led by Matrix Partners China and Intel Capital.
Didi Dache hails $100m from Citic PE and Tencent
Didi Dache, a Chinese taxi booking app, has raised $100m series C financing led by Citic PE and backed by tech giant Tencent.
Proterra extends C round to $34m
Proterra, a US-based maker of battery-powered electric buses, is reported by Fortune to have added $10m to its series C round, taking it to $34m. Previously, in October 2013, Proterra announced that it had raised $24m in a series C funding round which included two new strategic electric industry investors, Edison Energy, a subsidiary of… Continue reading Proterra extends C round to $34m
DNAnexus turns up $15m
DNAnexus, a US-based provider of a cloud-based genomic analysis platform, has closed a $15m series C funding led by Claremont Creek Ventures, Google Ventures, the corporate venturing arm of internet search firm Google, TPG Biotech and First Round Capital. Richard Daly, chief executive officer of DNAnexus, said: “This is an exciting time of growth for… Continue reading DNAnexus turns up $15m
Microsoft’s Claire Lee joins SVB
Silicon Valley Bank has hired Claire Lee, who previously ran strategic partnerships for Microsoft Ventures, to lead its Corporate Venture Relationship Group.
Nest feathered by $150m
Smart home device maker Nest Labs, backed by Google Ventures, is reported to be raising at least $150m, led by DST Global.
Changing the future
Google Ventures, Intel Capital and Qualcomm Ventures, three of the world’s leading corporate venturing investors, made 160 new investments between them and achieved at least 44 exits in 2013, as detailed in this roundup of their 2013 roundups.
Global Corporate Venturing Symposium 2014
Bringing together 500 of the world’s thought leaders in CVC
Investor Showcase at ISE 2014
Presentations on connected homes, smart buildings, unified comms and digital signage. Plus corporate venturing panel discussion.