The entertainment giant reportedly entered talks to buy Buzzfeed but an eight-figure valuation led it to buy Maker Studios last month instead.
Month: April 2014
Voluntis collaborates with Qualcomm for $29m venture round
The France-based medical software developer has now secured almost $40m in funding since it was founded in 2001.
Novo backs SI-Bone in $33m round
SI-Bone, which has developed a device to treat lower back pain, will now seek to expand beyond the US into more than a dozen other markets.
Motorola Solutions goes on Recon mission
The company has become the third corporate to invest in visual display technology company Recon, after Kopin and Intel.
Alibaba leads $1.2bn round for Youku Tudou
Alibaba has partnered with Yunfeng Capital for a $1.22bn investment in video streaming service Youku Tudou in a deal that will enhance Alibaba’s internet offerings.
Hearst takes CareInSync as Samsung exits
Samsung Ventures has exited medical software developer CareInSync after Hearst followed up an equity investment by acquiring the company.
Patagonia clothes CO2NExus in new funding
The company invested in CO2Nexus, the developer of a textile cleaning system, through its $20 Million & Change corporate venturing fund.
Virgin to put Green Fund out to pasture
The company has taken the decision after failing to attract investors for a European energy asset acquisition unit.
Investors to be compensated as Warburg Pincus invests $100m in Payscale
Warburg Pincus has taken a majority stake in Payscale, which counts SAP Ventures as one of its major investors, for $100m.
Synack secures $7.5m from Google and others
California-based Synack has raised series A capital from Google Ventures and aims to deliver an advanced new model for vulnerability and security testing of enterprise software.
Shasun Pharmaceuticals in good health with $19.1m investment
Bangalore-based SeQuent Scientific has acquired a stake worth almost 16% in pharmaceutical ingredient developer Shasun Pharmaceuticals.
Note to government: mandate cybersecurity, then get out of the way
In a weekly series of interviews and comment pieces by people coming to our May symposium, venture firm Allegis Capital’s Bob Ackerman sets out what government should do about cyber security. Ackerman is speaking in a seminar at our May 20 and 21 Symposium in London on Bitcoin and cyber-security. This article first appeared on Xconomy.
Citrix innovates with startup programme
The company’s Innovators Program will take concepts such as ‘lean start-ups’ into account when developing startups that will get access to corporate mentors and potentially seed funding.
Weekly corporate venturing deal net: 21-25 April 2014
Business Growth Fund, the UK-based corporate bank-backed growth investment firm, has backed a merger between two geoscience businesses, UK-based Task Geoscience and US-based Fronterra Integrated Geosciences, with £3.8m ($6.4m) of funding. The new entity, Task-Fronterra Group, will have 10 offices throughout the Americas, Europe, the Middle East and the Asia-Pacific region. IBM Watson, a cognitive… Continue reading Weekly corporate venturing deal net: 21-25 April 2014