Cisco has agreed to acquire cloud security software provider Cloudlock in a deal that will allow backers including Salesforce Ventures to exit.
Month: June 2016
Broadlink connects to investors for series C round
The Qualcomm-backed connected device technology developer has raised $10.5m in a round led by holding company China Merchants Group.
Siemens to put $1.1bn into Next47
The industrial product maker will launch the Next47 unit in October and invest $1.1bn in innovative technology developers over the next five years.
Intel promotes four as exits ramp up
Intel Capital has promoted four to managing director and agreed at least 10 exits in the first half of the year.
Wipro Ventures joins TLV Partners LPs
IT services firm Wipro has invested a sum sized at under $5m in venture capital firm TLV Partners’ $115m debut fund.
Editorial: Brexit, pursued by Brussels
As the dust begins to settle following the chaos after the referendum results, spinouts, startups and government-backed businesses are facing an uncertain future.
Storm approaches with $16m
Pfizer and Merck’s corporate venturing vehicles have contributed to small-molecule oncology treatment developer Storm Therapeutics’ series A round.
Bertelsmann hops aboard Lendingkart in $32m series B
The online lending platform’s latest round, made up of $20m in equity and $12m in debt, was led by Bertelsmann’s local corporate venturing unit.
Resin.io compounds funding with $9m
General Electric and Erisson came on board as new investors as the software development and management technology provider secured $9m.
Partech Ventures closes corporate-backed fund at $440m
The venture capital firm has reached the final close of its growth fund, the LPs of which include Renault, Carrrefour, Ingenico, AG2R La Mondiale and CNP Assurances.
Google and NY Times reach heart of Matter
The New York Times and Google News Lab have joined forces with Matter Ventures to bring its accelerator initiative to Manhattan.
Thrive Market subscribes to $111m
The online organic grocery subscription service has added new funding to the $30m Scripps Network-backed series A round it closed last year.
E2open conducts Orchestro acquisition
Clark Enterprises has celebrated an exit through the acquisition of retail analytics software developer Orchestro by supply chain services firm E2open.
Earlens filters $51m for series C
The round, made up of an initial $34m and the conversion of $17m in bridge financing, included Medtronic and Cochlear and has a target size of $65m.