Mobile data network service Aicent has been acquired for $290m, providing an exit for Qualcomm Ventures.
Month: July 2014
Flipkart confirms $1bn Naspers-led venture round
The India-based e-commerce company, which has now raised more than $1.7bn in total, will now seek to ramp up its strategic investments in India.
Cedars-Sinai chips in to Emulate series A
Biotechnology company Emulate has closed a $12m series A round backed by investors including hospital Cedars-Sinai.
Telefonica embraces open innovation, puts late stage venture on hold
The group is now placing significant emphasis on its new open innovation effort Open Future, as it puts its late stage investment on hold pending a strategic review.
Easy Taxi secures $40m fare
The Rocket Internet-launched ride sharing app has closed a Tengelmann-backed series D round that took its overall funding to $77m.
Baifendian optimises $25m series C
The IDG-backed big data provider has raised $25m in a series C round that lifted its total funding to more than $42m.
Apple talks Swell into $30m acquisition
Personalised radio app Swell is to be acquired and then shut down, by Apple in a $30m deal that will allow Google to exit.
Mitsubishi UFJ to target US
Mitsubishi UFJ’s corporate venturing unit is set to transfer its focus from the domestic Japanese market to the US with its next fund.
Investors look to make Impact with accelerator
A consortium including Buongiorno and Teknologiudviking have backed the new $8.6m Impact accelerator, which will fund mobile app startups.
Lionsgate joins forces with Next Games
The motion picture producer has formed a strategic partnership with the Finnish app developer to expand into new game space.
Martlet: corporate angel makes some noise
Peter Cowley, founder of corporate venturing unit Martlet, won the Angel Investor of the Year award at the beginning of this month from UK trade body the UK Business Angels Association. The award will mean Cowley will be a figurehead for the promotion of angel investing in the UK.
Viamet seeks growth with $75m IPO
The Novartis and Eli Lilly-backed developer of antifungal treatments, will seek to advance three of its candidates through clinical trials using the proceeds from the offering.
CBS adds Eventful to acquisition list
Event listings site Eventful has been acquired by CBS Local Media, providing an exit for telecommunications company Telefonica.
Kaplan announces accelerator finalists
The Kaplan EdTech Accelerator, now in its second year, has announced the 12 finalists that will participate in its three month New York programme.