Hearst and Amazon both exited the revenue management company after it was acquired by AppNexus, which will integrate its technology into its own platform.
Month: March 2015
Gene editing company Cellectis increases IPO stakes
Pfizer-backed Cellectis, which is developing cancer treatments, will issue 3.5 million shares and could raise about $129m.
Hungama begins talks for $100m round
Existing backer Intel Capital is reportedly one of the prospective investors in talks with the entertainment streaming company over a $100m funding round.
Cybersecurity technology developer Interset secures $10m
Interset, the creator of an intellectual property protection platform, raised the cash from backers including software provider Informatica.
Pruitt joins Santander’s venture unit
Tee Pruitt will act as an investment manager at Santander InnoVentures Fund, set up last year to invest along the fintech spectrum.
Motorola pilots CyPhy investment
Unmanned aerial vehicle manufacturer CyPhy Works has received an undisclosed amount from communications equipment maker Motorola Solutions.
Glooko monitors $16.5m series B
The diabetes management platform developer has now received $27m in total funding, after raising $16m from backers including Samsung and Medtronic.
GoJavas delivers 20% stake to Snapdeal
E-commerce company Snapdeal has acquired a minority stake in logistics company GoJavas for $19.1m, valuing it at more than $95m.
Salesforce banks on Ncino
Ncino, which raised a $29m first series B tranche last month, has extended the round to a possible $37.6m after securing funds from backers including Salesforce.
Novartis-backed Pulmatrix merges with Ruthigen
Pulmatrix, an inhaled drug developer that had raised $65m in venture funding, will be acquired by publicly-listed Ruthigen in an all-share deal.
Corporates accelerate AppWorks with $50m
Companies including FarEastTone Telecommunications, UDN Group, Fubon Life, Cathay Life and Phison Electronics have backed the Taiwan-based accelerator.
Baidu rides in to $170m Uxin round
Used car auction site Uxin, which has now raised $430m in less than a year, plans to use the cash to expand its business-to-customer sales platform.
Spirit ghosts into digital role at WPP
UK-based media and advertising company WPP has promoted Scott Spirit, its chief strategy officer, to chief digital officer, Campaign Asia-Pacific reported on Friday. As chief digital officer, Spirit will oversee digital strategy, co-ordinate digital resources, investments, provide oversight of partnerships and manage Stream, the company’s digital conference. WPP Digital also acts as the company’s corporate… Continue reading Spirit ghosts into digital role at WPP
Google and Bloomberg gain Orbital Insight stakes
Big data company Orbital Insight has raised $8.7m in its series A round as it looks to expand its engineering and sales capabilities.