The IT outsourcing and consultancy company will target data, open source and industrial internet companies in the early-to-middle stage.
Month: July 2014
Atox to flesh out activities with $23m
Biotech company Atox Bio has raised $23m from a syndicate of SR One, Lundbeckfond Ventures and OrbiMed for the treatment of flesh eating bacteria.
Ocular Therapeutix sees its way to $65m IPO
Eye disease treatment developer Ocular Therapeutix has raised $65m from an initial public offering in which it floated below its range.
MassMutual forms $100m corporate venturing arm
The life insurance company will target fintech, consumer internet, digital health and cybersecurity startups.
Deem raises $50m for expansion
American Express-backed e-commerce platform Deem has raised $50m in new funding that will be spent on global expansion.
Remigen targets $150m fund with corporate backing
Sumitomo Dainippon and Taiho Pharmaceutical have each invested $30m in the firm, which will target early stage pharmaceutical companies.
NTT Docomo learns value of Abeja
The mobile phone operator has provided an undisclosed amount of funding for Abeja, the developer of technology for use in analysing customer movement.
Weekly corporate venturing deal net: 21-25 July 2014
Payment services firm Visa invested an undisclosed amount in US-based point-of-sale mobile payment technology company LoopPay on Thursday, adding to an undisclosed sum provided earlier this month by General Electric subsidiary Synchrony Financial. LoopPay raised $10m from undisclosed investors in a November 2013 series A round. US-based mobile health platform developer LifeNexus secured an undisclosed… Continue reading Weekly corporate venturing deal net: 21-25 July 2014
Trello spins-out of Frog Creek
Digital whiteboard Trello, incubated within software company Fog Creek, has announced it is now an independent company and has raised $10.3m in funding.
HP invests $50m in Hortonworks
The big data platform secured the funding from HP as part of a strategic partnership agreement and has now raised almost $250m in total.
Ascension and Augmenix gel for $10.8m series D
Augmenix has raised $10.8m in a series D round that will support the launch of its new hydrogel product.
Townsquare raises $92m from underpriced IPO
The GE-backed radio station and website operator had previously set a range of $14-$16 for the initial public offering.
Mitsui exits as PTC buys Axeda for $170m
PTC acquired the internet of things software company, which had raised more than $26m, to add to its Thingworx business.
Intel leads $10m series B for Intigua
Intigua has now raised more than $19m overall, after Intel Capital led its series B round.