Xiaomi-backed wifi network operator WiWide has raised $49m in a series C round funded by Tencent and Dianping.
Month: December 2014
Airtel Nigeria to help launch app startups
Airtel Nigeria, a subsidiary of Indiabased Airtel, has launched a programme that will invest in Nigeria-based mobile app developers.
SimScale measures out funding from HTGF
Corporate-backed fund High Tech Gruenderfonds made its second investment in the simulation software developer as part of a series A round.
Whipclip snips $20m from investors
US-based TV-clipping startup Whipclip has raised $20m at a $100m valuation from investors including Raine Ventures, the corporate venturing unit of merchant bank Raine Group, according to Recode. Talent and literary agency William Morris Endeavor also participated in the round, which included funding from Institutional Venture Partners, Ziffren Brittenham, Greycroft Partners and several angel investors.… Continue reading Whipclip snips $20m from investors
ThreatStream flows to $22m series B
US-based cybersecurity company ThreatStream secured $22m on Thursday in a series B round that included returning investor Google Ventures, the corporate venturing arm of internet company Google. The round was led by venture capital firm General Catalyst Partners and also included Institutional Venture Partners and Paladin Capital Group. ThreatStream raised $4m in a February 2014… Continue reading ThreatStream flows to $22m series B
Allena metabolises $25m for series B
Pharmstandard has participated in a series B round for the biopharmaceutical company, which focuses on metabolic and orphan diseases.
Interview: Franceska Banga, New Zealand Venture Investment Fund
New Zealand’s startup scene is characterised by active angel investors but companies tend to look outside the country when they reach expansion stage, Banga explained.
Say Media says goodbye to media
WPP and Intel-backed Say Media will buy out its investors as part of a move that will involve it refocusing its business model on its online publishing platform.
The Axis Corporate Edition, Tel Aviv
Start ups and Corporate Venturers pitching to each other
Weekly corporate venturing deal net: 1-5 December 2014
Teambition, a China-based developer of cloud-based collaboration and project management technology, has raised $5m in a series A round led by publishing and data company IDG, Tech in Asia reported on Thursday. The round, which also featured venture capital firm Vangoo Capital, will support product development and an expansion from China and Japan to the… Continue reading Weekly corporate venturing deal net: 1-5 December 2014
Apollo gives blessing to corporate venturing fund
The educational services provider will partner with Touchdown Ventures, a venture capital firm co-founded by two ex-employees of Comcast Ventures.
Ridibooks open for $8m series A
E-book platform Ridibooks closed its series A round with investments from financial services firm Mirae Asset and conglomerate Doosan.
Blab predicts $11.6m series B
Marketing firm Blue Focus Communcations has co-led the $8.8m first tranche of a planned $11.6m round for predictive analytics company Blab.
Maxwell stays healthy with $26.4m
US-based health-as-a-service platform Maxwell Health raised $26.4m yesterday in a series B round that included funding from non-profit health insurance company Cambia Health Solutions. The round was led by private equity firm Adams Street Partners and also included investment firms Schooner Capital and Brothers Brook, and venture capital firm Annox Capital. Maxwell previously raised $8m… Continue reading Maxwell stays healthy with $26.4m