The AR display developer, backed by Motorola in 2005, has raised new funding from investors including Crystal-Optech and will use it to scale manufacturing.
Month: June 2016
Bloomberg-backed ThinkUp to shut down
The social media data provider will close its service next month due to features introduced by the likes of Facebook, Instagram and Twitter making its service unnecessary.
CapitaLand builds $74m corporate venturing unit
C31 Ventures will make strategic investments in areas of interest to the Singapore-based property developer, and has already committed $11m to a state-run fund.
4Di receives Exponential support for VC fund
MMI Holdings’ Exponential Ventures unit is the largest limited partner in a $16.5m fund closed by South Africa-based venture capital firm 4Di Capital.
PromisePay engages in $10m series A
Carsales.com has co-led a funding round for fintech developer PromisePay, which will use the money to expand internationally.
Samsung to take pride in Joyent acquisition
Electronics producer Samsung agreed today to acquire US-based cloud computing technology provider Joyent in a deal that will provide exits to mass media group Liberty Global and semiconductor technology maker Intel. The amount Samsung is set to pay remains undisclosed. Joyent produces cloud infrastructure and data analysis technology that combines container-native infrastructure, object storage and… Continue reading Samsung to take pride in Joyent acquisition
Rgenix generates $33m in series B round
Novo and Sofinnova Partners have co-led a series B round for Rgenix, which is preparing to enter two immunotherapies into clinical trials this autumn.
Investors credit Payoff with new funding
Tencent-backed Payoff has secured $46.7m out of a round expected to reach $67.4m, adding to the $38.4m in capital it had previously raised.
Didi Chuxing closes mammoth $7.3bn financing round
The round consisted of $4.5bn in equity funding from Apple, China Life Insurance, Tencent, SoftBank, Alibaba and Ant Financial, and an additional $2.8bn in debt.
Razer to head up $5m virtual reality fund
The fund, deployed through the OSVR initiative, will provide funding support to VR content developers.
Suneva fills in cash reserves with $25m
Suneva has now raised more than $140m in debt and equity in total, and will use the capital to keep commercialising its skincare products.
Barefoot Networks kicks up $130m
The network switch technology company has come out of stealth with $130m of funding, $57m of which came from a recent round co-led by Google.
Jivox welcomes You & Mr Jones in $6m round
Branding services holding company You & Mr Jones has led a $6m round for digital marketing company Jivox, which will put the money towards sales, marketing and platform development.
One Kings Lane goes to Bed Bath & Beyond
Bed Bath & Beyond has acquired Scripps-backed home furnishings flash sales platform One Kings Lane for a sum likely to be far less than its $912m series E valuation.