Carmaker Ford’s $182m contribution to the $253m series C round closed by software development company Pivotal last week may augur a new interest in connected car technology startups.
Month: May 2016
VenBio puts together $315m life sciences fund
US-based life sciences investment firm VenBio Partners has closed its Global Strategic Fund II at $315m following anchor investments from pharmaceutical companies Amgen, Merck and Baxalta. The fund, which had a target size of $250m, also attracted money from other, unnamed limited partners. VenBio Strategic Fund II will be led by Robert Adelman and Corey… Continue reading VenBio puts together $315m life sciences fund
News round up 9 May 2016
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Weekly corporate venturing deal net: 2-6 May 2016
US-based driver safety technology startup CarVi has received $5m in series A capital from steelmaker Posco, electronics producer Samsung and telecommunications firm Korea Telecom, the latter two of which took part through their Samsung Venture Investment and Korea Telecom Investment subsidiaries, CrowdFund Insider has reported. CarVi raised more than $100,000 on IndieGogo for its lead… Continue reading Weekly corporate venturing deal net: 2-6 May 2016
On24 switches to Goldman Sachs for $25m
Webcast marketing company On24 has now raised over $70m altogether, having been backed by investors including Reuters and CNet since 2000.
Roli finds harmony with $27m series B
The high-tech keyboard developer increased its funding to approximately $40m in less than two years, closing a second Universal-backed round.
URX links itself to Pinterest
Deep linking technology producer URX has been acquired by social media platform Pinterest after raising $15m from investors including GV and CyberAgent.
Assent Compliance reaches new heights with $12m
OpenText participated in Assent Compliance’s latest funding round, which will be used to hire an additional 100 staff members, through its Enterprise Application Fund.
EyeSight catches $20m from Kuang-Chi
Touch-free interface designer EyeSight, already backed by Ceva and Mistui, has attracted $20m in capital from Chinese conglomerate Kuang-Chi.
360Fly lands on $40m
Adidas and Qualcomm’s corporate venturing units both contributed to a series C round that will fund sales and marketing for 360fly’s immersive 360-degree video cameras.
Via takes the scenic route for $100m
The on-demand urban transit system has closed $70m in a Hearst-backed series C round, and plans to raise a further $30m before it closes.
Appboy mans up with $20m
The marketing relationship management company has now raised more than $42m, after IDG Ventures invested in it for a third time.
Ark moors at SCB
Paul Ark (Polapat Arkkrapridi) has joined SCB Ventures, the fintech investment arm of Siam Commercial Bank, as head of venture capital.
Ford makes Pivotal investment in $253m round
EMC and VMWare spun out software development company Pivotal Software in 2012 and have returned for a round featuring GE and Microsoft, in which Ford invested $182m.