Imgo.tv, an online television and video streaming subsidiary of media company Hunan Television, has reportedly received $160m from China Mobile.
Month: March 2015
Retty books $8.2m series C
Gree took part in the round, which boosted the online restaurant and business review service’s funding to almost $13m.
Rosenberg eyes new position
Rob Rosenberg, an alum of Lucent Technologies and corporate spin-out specialist New Venture Partners, has joined eye test technology developer EyeNetra.
Health Catalyst gets the right investor reaction
The healthcare data company has secured $70m from backers including Partners HealthCare, Kaiser Permanente and Indiana University Health Company.
Cidara prescribes $69m IPO
Seachaid Pharmaceuticals-backed Cidara, which is developing therapies to treat fungal infections, has raised $74m in the past two years.
Microsoft withdraws from forthcoming $110m Cyanogen round
Tencent-backed mobile operating system developer Cyanogen is set to raise the series C cash without Microsoft, which reportedly prefers a licensing deal.
Glispa goes to Market for $77m
Real-estate and e-commerce business Market Tech has acquired a majority stake in the advertising technology company for $77m.
Pinterest draws $367m for series G
The online scrapbooking site has now raised more than $1.1bn from investors including Rakuten, and aims to secure a further $210m in the series G round.
Quikr to accelerate growth with $150m
The Ebay and Nokia-backed classified listings service has already raised almost $200m, but could use the imminent funding to make acquisitions.
GCV daily news reflects industry’s maturity
Today Global Corporate Venturing is experimenting with a daily newsletter for our subscribers. Given the number of corporate venturing units has more than doubled in size in the last five years to roughly 1,200, as the industry’s trade paper we believe more timely news is of considerable value. Our news team, led by news editor… Continue reading GCV daily news reflects industry’s maturity
Sakti3 sucks up $15m from Dyson
Dyson made the investment as part of a $20m series C round that took the advanced battery maker’s funding to more than $50m.
Tencent takes $500m bite out of Dianping
Tencent has reportedly paid up to $500m in a deal that will involve it taking a 20% stake in the local restaurant listings and review website.
Corporates help launch Marseille immunotechnology centre
Pharmaceutical companies Sanofi and Innate Pharma have joined a range of backers to launch a centre focused on therapies for cancer and inflammatory disease.
Bitauto drives $20m series A for Uuzuche
The China-based car sharing platform has increased its series A round to $20m after a $10m investment by automotive information provider Bitauto.