The wearable software developer has raised $7.9m of a planned $8.4m in a round that included Google Ventures.
Month: August 2014
Guavus passes analysis for $20m series E
Big data company Guavus has received $20m in funding in a round backed by SingTel and Intel that took its overall funding to more than $110m.
Legend leads $30m series B for XSteach
Online education and training platform XSteach.com has now raised more than $32m altogether after a series B round backed by Legend Holdings.
Gamida stems relationship with Novartis
Pharmaceutical company Novartis has acquired a 15% stake in Gamida Cell, which develops stem cell population expansion technologies, for $35m, with an option to buy it for up to $600m.
Wells Fargo start-up accelerator launches
Wells Fargo has begun accepting applications for its newly launched financial services accelerator, which will invest between $50,000 and $500,000 in companies.
Altruist helps out Bubbly with acquisition
Comcast and SingTel-backed Bubbly, which had reportedly been set to liquidate only two weeks ago, has been bought by networking services company Altruist.
Rocket Internet and Zalando to announce IPO plans
Incubator and venture firm Rocket Internet is set to reveal its plans for an initial public offering at the same time as one of its portfolio companies, Zalando.
KBS+ expands to Europe through Albion acquisition
The acquisition of UK-based Albion by its parent company is set to enable KBS+ Ventures to begin investing in European companies.
Amazon feels $970m Twitch
Amazon acquired the video streaming platform, backed by Two-Take Interactive Software among others, for almost $1bn.
Future of advertising series: influencer marketing
This is the first article in our future of advertising series, ahead of our Future of advertising round-table alongside US-based media company American Media in New York on October 1, starting at 1600. Contact tlewis@globalcorporateventuring.com to attend. Bertelsmann Digital Media Investments’s Urs Cete is pictured.
The Big Deal: AppNexus shows adtech interest
The latest $60m raised by AppNexus, in a round that could eventually reach nine digits, is only the latest in what is proving to be a vibrant adtech market.
Weekly corporate venturing deal net: 18-22 August 2014
Mobile internet company Cheetah Mobile has agreed to acquire a 22% share of China-based smartphone display provider Moxiu in return for an investment of RMB 30m ($4.9m). Cheetah, already an investor in Moxiu, will buy the stake from Starsinhand, a subsidiary of internet portal Tencent, boosting its share of the company to 50.5% in the… Continue reading Weekly corporate venturing deal net: 18-22 August 2014
Merck sees Healthsense for $10m round
Senior care technology company Healthsense has received $10m in a round featuring Merck’s corporate venturing unit.
EyeVerify confirms $6m series A
Corporates Samsung, Sprint, Wells Fargo and Qihoo 360 all invested in the company’s series A round, which took its total funding to $10m.