IDG has exited parking locations database ParkMe through an acquisition by traffic data provider Inrix, which paid an undisclosed amount.
Month: September 2015
Unified pools $30m for series B
Marketing and analytics platform Unified has now raised $54m in total equity and debt following a series B round backed by Advance Publications and iHeartMedia.
IronSource steels itself for Supersonic merger
App services company IronSource, which raised $105m in an Access Industries-backed round in February, is merging with mobile adtech developer Supersonic.
Biom’Up absorbs $35m series C
France-based medical device maker Biom’Up raised €31.3m ($35.3m) in a series C round on Wednesday featuring Lundbeckfond Ventures, the corporate venturing arm of pharmaceutical firm Lundbeck. Sham Innovation Santé, an investment vehicle of insurance provider Sham; Mérieux Développement, the investment arm of medical research holding firm Institut Mérieux; and Bpifrance Large Venture, a subsidiary of… Continue reading Biom’Up absorbs $35m series C
AnaptysBio to adapt to public markets
The Novo-backed biotechnology company has filed for an $86.3m initial public offering, after raising $89m in funding since 2005.
Enerkem converts interest to $115m
The financing, $37.7m of which is equity funding, will be used by the Waste Management-backed company to expand a biomethanol production facility.
Gobi Partners adorns $94m fund with Luolai
The venture capital firm has launched a fund aimed at early-stage startups in China, and has attracted home textile producer Luolai as a limited partner.
Cisco takes $10m trip to Monk’s Hill
Cisco’s involvement in the $80m fund, which is also backed by Yahoo Japan, was originally reported in July.
QPrize throws up Toss Labs as winner
Enterprise collaboration tools developer Toss Labs, the regional winner from Korea, will receive $250,000 in convertible note funding from Qualcomm Ventures as a prize.
Tata takes IDG Ventures advisor role
Ratan Tata, who served as chairman of conglomerate Tata for more than 20 years, will advise the corporate venturing affiliate on strategy and leadership.
Apperian mobilises Intel for $12m series C
Intel, which invested about $4.5m in Apperian in 2013, returned for a round that increased the mobile app management company’s overall funding to $40m.
Janssen-backed JLabs to experiment with Toronto
Janssen has teamed up with Johnson & Johnson, University of Toronto, Government of Ontario and MaRS Discovery District to bring the JLabs incubator to Canada.
Vorwerk helps Lesara fashion $16.8m series B
Lesara operates an e-commerce platform through which consumers can purchase products directly from China-based manufacturers.
CommonBond starts academic year with $35m
CommonBond, a US-based student loans company backed by education finance and services provider Nelnet, has obtained $35m in a series B round led by August Capital, Inc reported yesterday. August Capital was joined by fellow venture capital firms Nyca Partners, Tribeca Venture Partners and Social+Capital Partnership, and angel investor Tom Glocer. Founded in 2012, CommonBond… Continue reading CommonBond starts academic year with $35m