The Google-backed anonymous message app has now raised more than $36m across three rounds in only seven months.
Month: July 2014
Seedcamp launches $30m corporate-backed fund
Seedcamp has raised $28m from investors including Yandex, Hays and DC Thomson, and will shift from being an accelerator to an early-stage venture firm.
Intel recovers investment as Microsoft buys InMage
Microsoft’s purchase of data recovery software company InMage has granted exits to investors including Intel’s corporate venturing unit.
Public investors to be next in Line
Internet portal Naver is set to reap a huge return as its messaging app subsidiary files for an initial public offering that values it at almost $10bn.
Intel takes another journey with SilkRoad
The staff management software creator, which is also backed by NTT, raised $14m in its series E round, which featured the fourth investment by Intel.
Sinar Mas answers MyRepublic’s call in $24m round
Sinar Mas has made an additional investment in the broadband service as it applies to be Singapore’s fourth mobile network operator.
Otonomy sounds out $86m IPO
The pharmaceutical company, which has Novo as its third largest shareholder, will seek to raise up to $86.3m.
KDDI to invest another $49m in startups
The telecommunications business has exhausted the initial capital allocated to its Open Innovation Fund and has earmarked another $49m.
Shenzhen Comix issues plans for corporate venturing
The stationery maker has established an $80m fund that will target businesses in the IT and office services sectors.
Bark & Co rewarded with $15m series B
The online dog treat delivery service has raised $15m in a series B round that took its total funding to $21.7m.
Summer deals sizzle in busy June
Corporate venturing units maintained a brisk deal-making pace in the summer with another busy month in June, although activity was down against the bumper spell of deal-making in May.
Innovative region: Benelux
In-depth analysis of the venturing ecosystem and infrastructure in Belgium, the Netherlands and Luxembourg.
Government House: Is state money toxic
Some remain unconvinced by government venturing, but is it on the rise, asks Quentin Carruthers, of Global Government Venturing.
University Corner: Advancing Tesla’s wireless energy dream
When Nikola Tesla, renowned inventor and contributor to the design of alternating current power systems, first demonstrated wireless energy transfer (Wet) in 1891, he probably did not expect that it would take over a century for the idea to catch on. In fact, by the time of his death in 1943, Tesla undoubtedly suspected it… Continue reading University Corner: Advancing Tesla’s wireless energy dream