Comcast has joined existing investors including IDG spin-out Flybridge to provide series B funding for the data analytics company, which has now raised $49m in total.
Month: June 2015
Novo exits Spinifex in $200m Novartis acquisition
Spinifex had raised just over $60m in funding, including $45m in a Novo-backed series C round in April 2014.
Guavus processes $30m for series E
Big data analytics technology provider Guavus has secured $30m to close a $50.9m series E round featuring Intel Capital and SingTel Innov8.
News round up 29 June 2015
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Tutoring app developer Changingedu raises $100m
Tal Education and IDG both committed capital to Changingedu, which operates an online service where tutors can connect to student customers.
Catabasis prices $60m IPO
The biotechnology company previously raised more than $100m from investors including Medimmune, a subsidiary of pharmaceutical company AstraZeneca.
LY.com to guide itself to public listing
Tencent and Dalian Wanda are lining up investments in the online travel guide operator, which raised $200m from Ctrip last year.
Amazon swells venturing top-table
Amazon move to support nascent Alexa ecosystem echoes groups like Apple looking to kickstart its app store in partnership with venture firm Kleiner Perkins Caufield & Byers (KPCB), as well as Google Ventures setting up a Glass Collective with KPCB and venture firm Andreessen Horowitz to invest in deals related to Google Glass.
PartnerRe finds Reliance for $45m round
Financial services provider Reliance Capital Management has secured funding from investors including reinsurer PartnerRe.
Weekly corporate venturing deal net: 22-26 June 2015
Healthcare system Aurora Health Care provided an undisclosed amount of funding for US-based healthcare technology fund StartUp Health on Tuesday, taking a lead investor role. Startup Health’s strategic partners and investors include GE Ventures and Kaiser Permanente Ventures, the corporate venturing units of industrial conglomerate General Electric and healthcare consortium Kaiser Permanente, and medical centre… Continue reading Weekly corporate venturing deal net: 22-26 June 2015
Comcast and CDK switch to Automatic
Automatic Labs has raised $24m in series B funding from backers including Comcast, CDK Global, with which it formed a strategic partnership, and USAA.
Cisco beds in with Qwilt
Online video technology company Qwilt took its overall funding to $65m, securing $25m from a Cisco Investments-backed series D round.
Qualcomm goes Curbside for $25m series B
Mobile shopping app Curbside, which is also backed by O’Reilly Media, has now raised almost $35m altogether and will use the funding to expand its service.
LittleBits eyes growth with $44m series B
The electronic easy-to-use building kit manufacturer has now raised $59m altogether, with O’Reilly Media numbering among its past backers.