AAA February 2014 – Page 2

Month: February 2014

Shape Security rounds up $40m

Shape Security, a US-based cybersecuirty company which came out of stealth mode in January and provides a “botwall” as defence against website attacks, has raised $40m in series C funding led by multi-stage investment firm Norwest Venture Partners, together with Sierra Ventures and existing investors, Kleiner Perkins Caufield & Byers, Venrock, Google Ventures, Google executive… Continue reading Shape Security rounds up $40m

Tradeshift cuts $75m deal with Scentan

Tradeshift, a Denmark-based invoicing network for businesses, has raised $75m in a series C, growth funding round from Singapore-based venture capital investor Scentan Ventures, with whom it has also signed a strategic partnership. This round brings Tradeshift’s funding to a total of $112 million, and will be used to help drive its global expansion in… Continue reading Tradeshift cuts $75m deal with Scentan

Ionic ties down Google funding

Ionic Security, a US-based distributed data security platform, has raised $25.5m series B funding co-led by Google Ventures and Jafco Ventures, with participation from the Webb Investment Network as well as existing investors Kleiner Perkins Caufield and Byers (KPCB), ff Venture Capital, Tech Operators, and angel investors Dr. Paul Judge, Ken Levine, and Phillip Dunkelberger.… Continue reading Ionic ties down Google funding

eCommera bags $41m

ECommera, a UK-based retail cloud software company, has raised $41m series C funding round led by Dawn Capital together with West Coast Capital, Frog Capital, ePlanet Capital, UK-based advertising agency WPP and new investor Wti. The funding will be used to advance eCommera’s “Decision Intelligent Commerce” solution, which combines big data predictive analytics with online,… Continue reading eCommera bags $41m

Siemens looks to change future

Siemens, a Germany-based engineering and electronics conglomerate, has established a $100m venture capital fund to support startups in very early stages of development. The Industry of the Future Fund, launched by Siemens’ industry sector division together with the venture capital unit of Siemens Financial Services, aims to invest up to $1m individually in very young… Continue reading Siemens looks to change future

Google Capital breaks its silence

The least well-kept secret in corporate venturing was officially unveiled last week with Google Capital, the late stage venture unit of Google, officially announcing its existence with a blog.  The fund led by partners David Lawee, Scott Tierney and Gene Frantz said in a blog post it had “launched”, having been widely known to be… Continue reading Google Capital breaks its silence

Big deal: CoStim and the biotech IPO pipe

After years in the doldrums, biotech valuations are continuing to rise for many groups leading to a record period of initial public offerings (IPO) and early-stage mergers and acquisitions. Bruce Booth, venture capitalist at Atlas Ventures, whose firm gained from its latest exit, the sale of Costim to Novartis, summed it up on his blog:… Continue reading Big deal: CoStim and the biotech IPO pipe

CA Technologies makes LP play with IDG Ventures India

CA Technologies, an IT management software maker from the United States, has made a strategic investment in venture fund IDG Ventures India. For CA, the investment is part of a larger strategy to get access to India start-ups building innovative enterprise software that could be potential targets for acquisition.

Chrysalix backs Axine’s series A

Chrysalix Energy Venture Capital has reinvested in Canadian wastewater treatment company Axine Water Technologies in a series A deal worth $5.6m, making it the largest water and wastewater series A financing in North America in the past year and one of the largest internationally in the last two years.