The China-based e-commerce company established its place at the internet’s head table with an IPO set to close at $25bn, showing the value of strategic investment.
Month: September 2014
Leeo goes live with $37m
Smart home technology developer Leeo has revealed $37m in funding since being founded last year, from backers including E.ON and Formation 8.
Anti-infective developer MGB Biopharma raises $6.4m
MGB Biopharma, established to develop a new class of anti-infective medicines, has raised the cash in a round which included the Scottish Investment Bank.
Weekly corporate venturing deal net: 15-19 September 2014
China-based social recruitment company Jobtong.com secured CNY 28m ($4.6m) in series A financing on Monday from internet company NetEase. It will spend the cash on research and development in a bid to enhance its online platform. Talent agencies William Morris Endeavor and AM Only have contributed to a $4.5m series A round raised by Splice,… Continue reading Weekly corporate venturing deal net: 15-19 September 2014
Gousto brings $8.3m to the table
Unilever Ventures has joined existing backer MMC Ventures in backing recipe box delivery service Gousto, which has raised $8.3m in series A funding.
Formation Data Systems shapes $24m series A
Data and storage platform Formation Data has raised $24.2m in a series A round that included participation from Dell’s corporate venturing arm.
JD and Macquarie put money where their mouth is
Online food delivery service Beijing Shishang Renjia Networks Technology (Daojia), has completed a $50m series D round featuring JD.com.
Proteon targets $69m to advance kidney disease treatment
The Pharmstandard-backed pharmaceutical company is seeking to raise the cash in an IPO four months after it closed part of a $45m series D round.
Oncology drug developer Tokai raises $97m in IPO
The Novartis-backed pharmaceutical company will use the proceeds to fund pivotal tests for its prostate cancer drug.
BGF furnishes Canburg with $13m
The bank-backed fund has taken a 20% stake in Canburg, which produces luxury fitted furniture.
Cognizant acquires TriZetto in $2.7bn deal
Healthcare management technology company TriZetto has been acquired by IT and consulting company Cognizant Technology Solutions for $2.7bn.
DC Thomson explores Carta Worldwide
Mobile payments platform Carta Worldwide has raised $7m from DC Thomson and Difference Capital in the first tranche of its series D funding.
ESentire secures Cisco for series C
Network protection company ESentire has raised $12.7m in a series C funding round featuring Cisco Investments and has now received almost $20m in total.
Fastly races to $40m series C round
Content delivery network Fastly, which is used by websites including Twitter and The Guardian, has raised $40m in a round including IDG Ventures and O’Reilly AlphaTech Ventures.