Centric which has raised a total of $82.9m in funding, has secured $24m in a series D round co-led by the Li and Fung Capital-affiliated fund.
Month: August 2014
Weekly corporate venturing deal net: 4-8 August 2014
Korea-based mobile marketing firm Spoqa has raised $3.9m in funding led by Daesung Private Equity group and Bokwang Investments, technology finance news site TechCrunch reported on Tuesday, and will use the funding to expand in its home country of Korea and Japan. Steel company Posco is a past backer, having invested an undisclosed sum last… Continue reading Weekly corporate venturing deal net: 4-8 August 2014
Big data company Adatao secures $13m
Bloomberg was among the backers as big data company Adatao secured $13m in a round that will fund recruitment as the company seeks to grow.
Casper spirits away $13m for series A
Online mattress seller Casper has raised $13.1m in a Norwest-backed series A round, bringing its total funding to $15m so far this year.
Daily Mail forecasts success with Skymet investment
The media company’s business information subsidiary has led a $4.5m series B round for Skymet Weather Services to fund expansion from India.
Tobira drops IPO amid healthcare market hiccups
Novo-backed Tobira, which is developing treatments for liver disease and HIV among other ailments, cited market conditions as it withdrew from a $60m IPO.
IDreamsky plays tough for $115m IPO
Tencent invested $60m to become IDreamSky’s largest shareholder as the mobile game publisher went public priced above its range.
PLDT makes $446m call to Rocket Internet
The Phillipines-based telecommunications company has taken a 10% stake in Rocket Internet and the two plan to partner on mobile payment ventures.
NTT moves Innovation Institute headquarters
The telecommunication company’s R&D unit, which works alongside Silicon Valley start-ups, has moved to Palo Alto as it prepares to launch its first product.
Auris raises $56.4m in low volume IPO
The IdInvest-backed company, which is developing a treatment for tinnitus, has gone public in an underpriced IPO.
Trellas switches on to Vidmind
On-demand video streaming services provider Vidmind has received a $30m investment from Trellas as it prepares to launch a Russian TV service.
Investors prescribe $21m for Doctor on Demand
Google Ventures-backed healthcare-on-demand service Doctor on Demand has raised $21m in series A funding to expand its client offerings.
DreamIt introduces 12 startups to New York
DreamIt has introduced the 12 graduates of its three month incubator at the DreamIt Demo Day in New York yesterday.
Softbank picks up Wildcard for $7m series A
Wildcard has raised $7m in a Softbank-backed series A round to help it provide a new way to browse the web on mobile phones.