Legend Capital, which makes investments on behalf of conglomerate Legend Holdings, plans to start investing from LC Fund VI this month.
Month: May 2014
Roli hits the right notes for Universal
Universal Music has joined a $12.8m funding round in music keyboard manufacturer Roli led by Balderton Capital.
iRhythm on the pulse with $17m
Novo has led a $17m series E investment in iRhythm Technologies with existing backer Norwest Venture Partners.
The future is digital
Conversations at the Global Corporate Venturing Symposium last week in London hammered home how corporate venturing will be used to keep corporations on top of the shift to digital, and given how transformative this shift is to all sectors, it leaves us in little doubt that corporate venturing has become a hugely important tool for businesses.
Powerhouse Dynamics raises efficient $6m series B
Exelon’s corporate venturing subsidiary has joined the investors in the energy efficiency company, which will use the cash to advance its product.
Amazon takes $20m bite of Yummy77
Yummy77, a China-based food delivery subsidiary of Chia Tai, has picked up $20m from the e-commerce company.
Jibe sails on for $20m series C
SAP has led a $20m round for recruitment software maker Jibe, which has now secured almost $37m since it was launched.
Formation 8 and Bloomberg find Context Relevant
Big data analytics company Context Relevant has now secured almost $28m altogether.
Twitter backs off takeover talks with SoundCloud
The microblogging platform has withdrawn from negotiations concerning the acquisition of SoundCloud, which would have provided an exit for Chernin.
Centrify identifies corporates for $42m series E
The identity management firm has now raised approximately $94m after raising series E funds from Samsung, Docomo and Fortinet.
Future Group exits Capital First
Retail group Future has exited India-based financial firm First Capital, two years after divesting much of its stake to Warburg Pincus.
Indiegogo dances to new funding
The IDG-backed crowdfunding platform has pulled in new funding from several private investors following a $40m series B round in January.
Snapdeal sees Myriad possiblities in $100m series G
Software producer Myriad has joined corporates including Intel, eBay and Softbank in backing the e-commerce company, which has now raised $400m in total.
Weekly corporate venturing deal net: 19-23 May 2014
Golgi, the US-based developer of a data transfer platform for apps and connected devices, launched this week with a $5m investment from mobile communications technology provider Openmind Networks. Golgi aims to cut the long loading and update times that often hamper mobile apps by helping them to receive information up to 20 times faster than… Continue reading Weekly corporate venturing deal net: 19-23 May 2014