The internet company has funded a $1.6m seed round for 10sec, which operates as an online flea market.
Month: July 2014
Baidu pays $1.9bn for app marketplace 91 Wireless
The deal provided exits for NetDragon, which received over $1bn in the deal, and IDG Capital Partners.
Norwest looks to future for CRMnext investment
The Wells Fargo-backed venture fund has followed an investment in another customer relationship management company, Capillary Technologies, by funding CRMnext.
BVP appoints James, Karp to key roles
Bessemer Venture Partners has named Amit Karp and Sunil James as vice presidents.
Champion women in venture and technology
Citi Ventures’ Hopkins says transforming women’s participation in technology and venture has become “a passion”. Global Corporate Venturing agrees and will do its best to support a greater participation of women in venture capital, technology and the niche of corporate venturing.
HomeAway to branch out into corporate venturing
The publicly-listed holiday home rentals site has acquired around 20 companies, but is about to make its first venture capital investment.
Gumi reaches next level with $49m funding
The games developer has doubled its overall funding after raising $49m in a round backed by Sega, Gree and B Dash among others.
Santander banks on $100m venture unit
The UK-based fund will target startups across the globe within the fintech sector as it seeks to keep abreast of innovations in the space.
Evocatal accelerates growth with help from Lanxness
Lanxness took a majority stake in Evocatal, and joined existing investors including High-Tech Gruenderfonds in backing the enzymes producer.
Wantful wraps up partnership deal with Nordstrom
Nordstrom will invest an undisclosed amount in the online gift service, which raised $5.5m last year, as part of the partnership agreement.
James leaves Google for Bessemer
Bessemer Venture Partners has named ex-Google product manager Sunil James as one of its two new vice presidents.
Qualcomm buys portfolio company Wilocity for $300m
Qualcomm Atheros, an investor since 2008, has acquired chipmaker Wilocity in a deal through that enabled backers including Marvell Technology to exit.
Digital Garage lights up Luminoso
Luminoso, a US-based advertising startup that turns online text into usable advertising data, has raised $6.5m in series A funding in a round featuring internet company and incubator Digital Garage. The round was led by venture capital firm Arcadia Wood, and the funds will be used to hire additional staff, and to expand Luminoso’s product… Continue reading Digital Garage lights up Luminoso
Weekly corporate venturing deal net: 30 June-4 July 2014
Traity, the Spain-based developer of an online reputation database, secured $4.7m in series A funding on Thursday from investors including Bertelsmann Digital Media Investments, the corporate venture capital subsidiary of media company Bertelsmann, TechCrunch reported. The round was led by venture capital firm Active Venture Partners, and also included Horizons Ventures, KRW Schindler Private Ventures,… Continue reading Weekly corporate venturing deal net: 30 June-4 July 2014