The data centre consultancy, backed by Citrix and Cisco, has filed for bankruptcy protection in the US.
Month: June 2014
Sunverge charges up $15m series B
The distributed energy company raised the growth funding in a round that included the corporate venture capital units of Siemens and Total.
HelloFresh serves up $50m series D
The food ingredients delivery service has now raised $67.5m across its last three rounds from investors including direct selling company Vorwerk’s corporate venturing fund.
SEB reaches point of Tail-F in $175m acquisition
Cisco is buying network automation software producer Tail-F in a $175m deal that will provide an exit to SEB Venture Capital, which led its series A and B rounds.
Mantis Vision views growth after $12.5m funding
Qualcomm, Samsung, Sunny Optical and Flextronics all contributed to a $12.5m round for the 3D technology developer.
AuraSense passes acid test for $13.6m series C
The biotechnology company, backed by AbbVie and Abbott Biotech in earlier rounds, has closed a series C round that will be directed towards its nucleic acid-based treatments.
Network18 buys ticket to $25m BookMyShow round
The India-based online ticket retailer has secured a second major round of funding from backers including Network18, at a $166m valuation.
Tujia hosts $100m series C
The online room booking service has now raised more than $160m from investors including travel agencies Ctrip and Homeaway.
Corporates boost Emerald Technology Ventures’ third fund
The cleantech-focused Emerald Cleantech Fund III added three more corporate LPs in Suncor, Ecolab and SK as it approaches $100m.
Microsoft and American Family go home for accelerator
The companies are collaborating on a US-based accelerator for home automation companies.
Flextronics makes Imprint for $6m series A
Ultrathin rechargeable battery developer Imprint Energy has secured the funding from the supply chain manufacturer along with Phoenix Venture Partners and AME Cloud Ventures.
TOM Group experiments with WeLab
The media company has invested in a $14m series A round for microlending platform WeLab, which plans to now expand from Hong Kong into mainland China.
Xiaozhu finds room for Legend among investors
The Chinese holiday room listings site has now secured $25m in total after raising a $15m series B round featuring Legend Holdings’ corporate venturing unit.
McDonald’s orders up Californian tech hub
The fast food seller is setting up an incubator in Silicon Valley in order to help it beef up its digital and mobile offerings.