Edico Genome has raised $10m from Qualcomm Ventures and Axon to accelerate the analysis of gene sequencing data.
Month: July 2014
TellApart swallows Google-backed FreshPlum
FreshPlum, which had raised a seed round in 2012 backed by investors including Google, has been purchased for an undisclosed amount.
Line forms joint venture capital fund
The fund, which will have a budget of under $10m, will involve the messaging service making seed investments in partnership with venture firm Collaborative Fund.
How innovation and M&A intersect
Liz Arrington, of consultancy firm Bell Mason Group, looks at the relation between mergers and acquisitions and innovation in this guest lead editorial.
Gree sets aside $100m for non-gaming investments
The internet company will invest the money separately to its corporate venturing unit, Gree Ventures, which recently raised $50m for its second fund.
Big Deal: Changyou expands mobile offering with Mobotap acquisition
The online gaming company’s $91m purchase of a majority stake in mobile browser company signifies the growing consolidation in mobile IT.
Weekly corporate venturing deal net: 14-18 July 2014
Digital media technology company Reply paid $5m today to take a 20% stake in US-based wearable technology developer Sensoria. Formerly known as Heapsylon, Sensoria will use the series A funding to accelerate its sales, marketing and engineering efforts as it grows out its products. Bustle, a US-based online media company targeting women, has secured $5m… Continue reading Weekly corporate venturing deal net: 14-18 July 2014
Comcast drops anchor at Bay Dynamics
Comcast’s corporate venture capital unit has provided $8m for the risk analysis company’s series A round, which will be used to improve its lead product.
MTPV heats up with $11m round
The heat-to-electricity company’s Total and SABIC-backed series B-1 round lifted its total funding to more than $21m.
TTS North America – Biotech and Healthcare Summit
Rutgers, New Jersey 21/22 July
TubeMogul slashes IPO target to $50m
The SingTel-backed digital advertising company has cut the range of its forthcoming initial public offering from $11-$13 to $7-$8.
Issuu attracts $10m in series B round
Digital publishing platform Issuu has raised $10m in series B funding from the KDDI Innovation Fund and Sunstone Capital.
B Dash targets $59m for second fund
The firm, backed by a host of Japanese corporates, has raised almost half of the $59m it has targeted for the second fund – three times the size of its first.
Capillary pumps in $14m
Capillary technologies, which is backed by Qualcomm Ventures and American Express, has raised $14m in a series B round to fund continued growth.