Corporate-backed incubator Team8 provided the series A funding for its first graduate, cybersecurity company Illusive Networks.
Month: June 2015
Merck sweetens NGM deal with $106m
Merck will pay $106m for a 15% stake in NGM as part of a five-year, $450m diabetes and obesity treatment development deal with the biotechnology company.
Swiggy takes a $16.5m drink
Norwest Venture Partners led the online food ordering service’s series B round, which will facilitate its expansion into additional Indian cities.
E.ON charges up Enervee
Energy utility company E.ON has agreed to acquire a stake in energy data analytics provider Enervee, which raised $3.7m in series A funding last month.
Arcadia Data visualises $11.5m series A
The business intelligence platform developer raised the cash from backers including Intel, and will spend it on expanding its product, sales and marketing teams.
Vinli picks up $6.5m in series A
Connected car platform developer Vinli has attracted series A funding from investors including Samsung, Cox Enterprises and Continental.
PropertyGuru finds new mentors in $130m round
Deutsche Telekom exited the online property portal through the transaction, in which Emtek, TPG and Square Peg provided the money.
Unum and Seattle Genetics sign cancer drug partnership
The two companies have signed a collaboration and license agreement worth up to $615m, with Seattle Genetics committing $25m upfront and another $5m in equity.
Brandtone colours in $20.7m series D
Synegnta and Unilever returned to back the mobile marketing company’s latest round, which will fund an expansion in Southeast Asia, Africa and Latin America.
Corporates hurl Spero to $30m series A target
Spero will use the funding, raised from backers including Lundbeck, Merck and GlaxoSmithKline, to advance its anti-infectives pipeline.
Plotly collaborates with Siemens for $5.5m series A
Canada-based data analytics and visualisation technology company Plotly has secured $5.5m in a series A round backed by Siemens Venture Capital, the corporate venturing unit of electronics conglomerate Siemens. MHS Capital, Rho Ventures, Real Ventures and Silicon Valley Bank also contributed to the round, which followed a $1.5m seed round backed by Rho Ventures in… Continue reading Plotly collaborates with Siemens for $5.5m series A
Cockroach scurries to $6.3m
Launched in February by former Google engineers, Cockroach Labs has attracted series A funding from investors including Google Ventures.
Verizon drums up SimplyTapp investment
Verizon Ventures has revealed an investment in payments processing service SimplyTapp, which recently raised $8.5m in its series B round.
Blue Bottle fills up series C with $70m
Google has returned to back high-end coffee retailer Blue Bottle’s latest round, as the chain prepares to expand in the US and Japan.