GM Ventures, the corporate venturing subsidiary of automotive manufacturer General Motors, invested an undisclosed sum in US-based location intelligence platform Telogis on Monday. Founded in 2001, Telogis’ last disclosed funding involved a $93m investment by venture capital firm Kleiner Perkins Caufield & Byers in October 2013, and follows an agreement earlier this year to incorporate… Continue reading Weekly corporate venturing deal net: 27-31 October 2014
Month: October 2014
NetGuardians catches $5.2m for series B
Orbium and Sberbank both contributed to the anti-fraud software developer’s series B round, which will support its international expansion.
KnowRe registers SoftBank for $6.8m series A
SoftBank followed up a $1.4m seed investment in the mathematics learning company last year by leading its series A round this time around.
GlamSquad calls in SoftBank for series A
SoftBank led the on-demand hair and beauty service’s $7m series A round, raised as it prepares to expand across the US.
Comcast Ventures leads $7m Lytics series A
Digital marketing platform creator Lytics has now secured $9.2m in total funding after Comcast’s corporate venturing unit joined its investors.
Wells Fargo launches $10m cleantech fund
Wells Fargo has announced a new $10m cleantech fund that will fund companies developing early-stage technology for commercial buildings.
ScoreBig racks up $18m for series D
Discount ticket-seller ScoreBig has raised $18m in a series D round led by Hearst Ventures, bringing the total raised by the company to over $50m.
Wipro returns to the Opera with $8.2m
The funding followed a $30m investment by Wipro in the big data firm last year.
Alembic takes 49% stake in Adwiya Pharmaceuticals
Alembic Pharmaceuticals has purchased a 49% share of drug manufacturer Adwiya Mami, which will be renamed Alembic Mami.
SwiftStack quickens pace with $16m series B
Cloud-storage company SwiftStack has raised $16m in a series B round from investors including UMC, bringing the total raised by the company to $23.6m.
Blink captures $20m series A
Photo-sharing and messaging app Blink has secured $20m in a series A round featuring Tencent, a participant in Snapchat’s $80m series C round last year.
Verizon Ventures to double investment
The telecommunications company’s corporate venturing unit also plans to expand the scope of its funding in order to double its portfolio.
Autodesk seeks new dimension with $100m fund
The architectural software business plans to invest $100m in 3D printing research and start-ups in connection with its new 3D printing platform.
Urban Airship keeps steady for series D
The Verizon and Salesforce-backed push notification service has boosted its series D round to $37.1m after closing a second tranche.