US-based big data analytics services provider DataTorrent closed a $15m series B round yesterday led by SingTel Innvo8, the corporate venturing arm of telecoms company Singapore Telecommunications. GE Ventures, the corporate venturing unit of conglomerate General Electric, AME Cloud Ventures, August Capital and Morado Venture Partners also participated in the round. DataTorrent offers a real-time… Continue reading DataTorrent downloads $15m series B
Month: April 2015
Ex-Legend MD raises $200m for new fund
Liu Erhai has left Legend Capital, where he was managing director, after 12 years to form Yuyue Capital, which has just raised $200m for its first fund.
Sho-Zemi ventures further outside Japan
Sho-Zemi Innovation Ventures, which recently expanded into the US, plans to open an office in Southeast Asia as it gets ready to raise a $10m fund.
Celgene buys portfolio company Quanticel for up to $485m
The pharmaceutical company, which invested $45m in Quanticel in 2011, will pay $100m up front and up to $385m in milestone payments.
Ontario startups look to Scale Up for funding
Scale Up Ventures, launched with $25m of private and up to $25m of public funding, will provide corporate access as well as capital at pre-series A stage.
Crispr warms up with $64m
The gene editing technology company has raised $64m to close its first two rounds, co-led by Celgene and GlaxoSmithKline-backed SR One, at $89m.
Resverlogix gets $29m from Shenzhen Hepalink agreement
The milestone-based licensing deal includes a $29m investment up front and could be worth more than $400m to the small molecule technology developer.
OUP speaks Bab.la’s language
Oxford University Press bought the High-Tech Gruenderfonds-backed online language learning service for an undisclosed sum.
Rebright pins down corporates for Indian mobile fund
The venture firm has secured backing from undisclosed Japan-based corporates for a $20m fund that will target India-based, mobile-focused startup companies.
Naaptol closes $21.5 series C round
Mitsui has participated in the TV shopping and e-commerce company’s third funding round, which follows a $25m series B round raised in 2011.
Refinery29 condenses $50m into series C round
Scripps Networks Interactive and WPP provided the funding and will each take a seat on the lifestyle media company’s board as it looks to expand overseas.
Predixion heralds Software AG-backed series D
Software AG is set to lead a GE-backed series D round for the predictive analytics software provider, which has so far raised almost $32m in funding.
IndiaProperty looks to build $50m series C
The Bertelsmann-backed real-estate listings portal plans to raise $50m in a series C round that will fund geographical expansion.
Weiying books $105m series B
The cinema and event ticketing app operator has secured funding from backers including Tencent, with which it partners, and Wanda Group.