IBM has agreed to acquire healthcare IT services provider Explorys for an undisclosed sum, enabling Cleveland Clinic to exit.
Month: April 2015
Legend lines up $3bn Hong Kong IPO
Legend Holdings, the largest shareholder in computer maker Lenovo and the parent company of Legend Capital, is set to raise between $2bn and $3bn when it goes public.
Souq to attract investors for $300m round
E-commerce company Souq.com is set to raise a $300m round from investors including Naspers at a $1bn valuation to support expansion.
Slack confirms $160m series E
Google was among the investors as the workplace communication and archiving app creator raised its second nine-figure round in six months.
Ola goes the distance for $400m
The SoftBank-backed taxi hailing service has raised $85m to close its series E round at $400m, and will use the funding to expand its network to 200 cities.
Thermondo heats up with $6.4m
The heating installation service secured its second investment from E.ON as Rocket Internet and Holtzbrinck Ventures joined its pool of backers.
99designs draws Recruit for $10m series B
The graphic design marketplace plans to use the series B funding, and Recruit’s local resources, to expand into Asia.
BlaBlaCar revs up with Carpooling acquisition
Daimler exited the ride sharing company after it was bought by BlaBlaCar alongside another competitor, Hungary-based Autohop.
Sumitomo chips in for $11m Solantro series B
Solantro, the developer of power conversion chips for renewable energy systems, has now raised a total of $25m in venture and grant funding.
NSS Labs finds $7m series B result
The cybersecurity company has raised $7m in a Chevron-backed round that will support its recently launched advanced warning system.
Take Eat Easy feeds on $6.4m
Rocket Internet was among the investors in the food delivery service, which promises its customers food from local partner restaurants in an hour or less.
Baofeng Mojing immerses itself in $10m
The virtual-reality headset maker attracted funding from a range of corporates including Huayi Brothers, Tianyin and Aisidi.
Mitsui extends EarlySense’s series F to $25m
Israel-based patient monitoring technology provider EarlySense extended its series F round to $25m on Tuesday after securing $5m from diversified conglomerate Mitsui. Mitsui supplied the capital as part of an agreement to market EarlySense’s patient monitoring device to hospitals across Japan. Under the terms of the agreement, Mitsui will be the exclusive partner in Japan… Continue reading Mitsui extends EarlySense’s series F to $25m
Investors administer $28m to Innocrin
Novartis and Eli Lilly both took part in a series D round that will fund clinical trials for Innocrin’s breast cancer treatments.