La Ruffa, a co-founder of Susquehanna Growth Equity, will head up Aquiline’s fintech investments in his new role.
Month: June 2014
Hearst and Salesforce combine for Offerpop series C
The digital marketing software maker has now raised $25m, and will seek to accelerate development of its product offering in the wake of its latest round.
Gannett benefits from Cozi deal
Cozi has been acquired by media corporation Time for an undisclosed sum, allowing Ganett, which invested in 2008, to exit the company.
Houzz reportedly set to close $150m series D
The Comcast-backed house remodelling and design platform is in the process of raising a massive venture round that would lift its total funding to almost $200m.
IDG Capital Partners closes new fund at $586m
The China-based IDG venture subsidiary will invest in early-stage technology, media and telecom companies through IDG China Venture Capital Fund IV .
Augustin to energise E.ON’s Californian corporate venturing
Konrad Augustin is to move from Europe to Silicon Valley where he will oversee the energy company’s American venture capital investments.
Reliance and Cisco help Covacsis produce the goods
Covacsis, creator of a data analytics product for factory owners, has added to its series A funding with an undisclosed amount from the corporate investors.
KPMG launches incubator for corporate venturing portfolio
Data and analysis portfolio companies for its corporate venture capital unit, KPMG Capital, will benefit from the R&D facilities at KPMG Insight Labs.
Intel invests to help build Fortscale
Cybersecurity company Fortscale has raised $10m in a round co-led by Intel Capital, and has now secured $12m in total since it was founded in 2012.
Softbank peers into Edai for $10m investment
The financial services provider, which launched a peer-to-peer lending platform at the start of the year, has raised $10m from Softbank China.
VIPshop opens for Fashionandyou’s series D round
The India-based e-commerce company has raised an undisclosed amount of funding from VIPshop, Intel and Norwest.
GE makes healthy payment to Aver Informatics
Aver, the creator of a platform to simplify healthcare payments, has now raised about $11m from investors including GE Ventures.
Omron sets up $29m corporate venturing unit
The electronic equipment maker will target agricultural and life sciences companies in the US and Japan.
Proteus Digital rides funding wave for $120m
The company, which is developing technology to boost the effectiveness of medicine, has now raised more than $250m and has several corporates among its investors.