The cloud communication platform increased its overall funding to more than $240m in a round backed by Amazon and Salesforce.
Month: July 2015
Hearst performs Acrobatiq funding manoeuvre
Acrobatiq, an adapting learning spin-out from Carnegie Mellon University, has raised $9.75m in a series A round featuring Hearst Media.
Techventure Singapore
A gathering of “technopreneurs” and investors, September 21 – 22, 2015
Philips seeks illumination from Plug and Play
Accelerator Plug and Play will help Philips locate internet of things startups in which to invest, with lighting technology set to be a priority.
Dassault regulates fintech accelerator
France-based 3D design software company Dassault Systèmes revealed yesterday that its accelerator programme, 3D Fintech Challenge, will this year focus on technologies facilitating regulatory oversight for the financial sector. The seven-week programme, run for the third consecutive year, will be hosted in partnership with stock exchange Deutsche Börse while regional development agency Invest Northern Ireland… Continue reading Dassault regulates fintech accelerator
Allergan holds nerve for $560m Naurex acquisition
Baxter, Takeda, Shire and Lundbeck will all exit central nervous system disorder drug developer Naurex, which had raised $160m in funding.
Global Corporate Venturing and Innovation Summit
Bringing together corporate venturers, corporate innovators and others in the venturing ecosystem in Sonoma, California. January 27 – 28, 2016
Tripping cruises to $16m series B
Holiday home search engine Tripping previously raised an undisclosed amount of series A funding from investors including Recruit Holdings.
Stripe spots Visa to raise valuation to $5bn
Visa has formed a strategic partnership with Stripe in addition to backing a series D round, raised at a $5bn valuation, that included American Express.
Expensify puts corporate venturing into its budget
The accountancy software provider has closed $17.5m in funding and announced a corporate venturing unit dubbed Expensify Ventures.
Cylance guards $42m series C
Cybersecurity company Cylance has added corporates Dell, TenEleven and Capital One to its backers and boosted its total funding to $77m.
Deerfield launches $550m hospital-backed healthcare fund
Investment firm Deerfield Management launched a $550m healthcare fund yesterday backed by Seattle Children’s Hospital, New York-Presbyterian Hospital and cancer research centre Memorial Sloan Kettering. Deerfield Healthcare Innovations Fund’s other limited partners include Princeton and Northwestern Universities and philanthropic organisation Robert Wood Johnson Foundation. The fund will seek out companies working on treatments for genetic… Continue reading Deerfield launches $550m hospital-backed healthcare fund
Flipkart puts pedal to the floor for $700m
The Naspers and IDG-backed e-commerce company has now raised more than $3.1bn, after closing a Tiger Global and Steadview-backed round.
NantKwest leads to $207m IPO
Celgene will invest $17m in the immuno-oncology company, also backed by Sorrento, as it floats in the largest biotech initial public offering ever.