‘Smart dining’ company E la Carte, which creates tablets for restaurant tables, has secured $35m in a series C round which features Intel’s corporate venturing arm.
Month: September 2014
Robinhood takes from the rich for series A
Google was among the investors for the share trading service’s $13m series A round, which follows a $3m seed round from December.
Online education provider Udacity secures $35m
Bertelsmann, Recruit and Cox have contributed to a series C round for the online education platform Udacity to launch its nanodegrees programme and expand geographically.
Silvercar picks up pace for series B
The airport-based auto rental firm has raised $14m from investors including Crunchfund, the venture capital firm backed by internet company AOL.
Millennial comes for Nexage in $107m deal
Hearst and SingTel both exited after the mobile advertising platform was acquired by Millennial Media for $107.5m.
Enterprise software developer Kinvey raises $10.8m
NTT Docomo and Verizon Ventures both contributed to the series B round, increasing the total equity capital raised by Kinvey to about $18m.
Traxpay secures payment for $15m series B
The payment services company has now secured $19m across two rounds from backers including Commerzbank and Software AG.
BBVA pays to join Taulia investors
The bank’s corporate venturing unit contributed to an expansion of Taulia’s series D round increasing its overall funding to $70m.
Change, Churn and Challenge
Global Corporate Venturing has documented the doubling of corporate venturing units since 2009 with the total of units now standing at more than 1100. With such a sharp growth curve, the industry needs best practices, and for this reason we have started our GCV Academy.
Triple Helix conference to link venture ecosystem
The best corporate, university and government venturers have rightfully taken their place among VCs and others as responsible and helpful investors and partners to the best entrepreneurs. Our Triple Helix Venturing event in Half Moon Bay next week aims to bring the three communities together.
Alkermes gets $37m exit from Civitas
Parkinson’s disease treatment company Civitas has been bought by Acorda for $525m, weeks after it raised a $55m series C round and filed for an IPO.
Semiconductor technology producer SiTime raises $25m
The SMBC and Bosch-backed company has raised a late-stage round comprising both equity and debt.
Weekly corporate venturing deal net: 22-26 September 2014
Telecommunications firm Telstra invested an undisclosed amount in Australia-based digital transaction management company DocuSign on Monday. DocuSign had raised about $200m as of March 2014, when it secured $85m from investors including the corporate venturing units of internet company Google, software producer SAP, and cable and telecom services provider Comcast. Early learning company Habermaass has… Continue reading Weekly corporate venturing deal net: 22-26 September 2014
Pierre Lamond joins Formation 8
Pierre Lamond has taken up an advisory position at Formation 8, three months after leaving Khosla Ventures.