Boston Consulting Group led the customer personalisation software developer’s series A round through its BCG Digital Ventures unit, investing together with Starbucks.
Month: July 2016
Rozenfeld’s new firm targets $30m fund
Climate Impact Capital, the VC firm formed by ex-Shell Technology Ventures president Alexander Rozenfeld, could seek a corporate strategic as one of the fund’s LPs.
Scopely spots Take-Two for $55m series B
The mobile entertainment network has added Take-Two Interactive to its investors in a round that included corporate-backed fund Evolution Media Partners.
Platfora gets up for Workday acquisition
Big data technology producer Platfora had raised $95m since 2011 from backers including Cisco, Citi and HSBC, and has been acquired for an undisclosed sum.
My Home looks to construct $75m fund
The India-based conglomerate is aiming to raise an initial $15m for the fund, following the creation of a dedicated department to identify opportunities.
Vtesse expands series A to $42m
All Vtesse’s existing series A investors, including Pfizer and Lundbeck, returned to provide a $17m extension that boosted the round’s total to $42m.
Mitsui takes care of Columbia Asia with $101m investment
Mitsui also plans to form strategic links between other regional portfolio companies and hospital operator Columbia Asia, an offshoot of US-based Columbia Pacific Management.
LeEco spies Vizio for $2bn acquisition
Taiwanese manufacturing partners AmTran and Foxconn will exit the consumer electronics producer in the deal, which LeEco hopes will enhance its business in the US.
Qwikcilver to accelerate growth with $10m
Sistema led the gift card provider’s series B round, which included returning investors Amazon, Accel Partners and Helion Venture Partners.
The Swiss Re six head to InsurTech
Swiss Re has disclosed the six startups that will make up the inaugural cohort of its InsurTech accelerator, founded to help disrupt the insurance industry.
Zoomcar speeds up with $25m
Ford Smart Mobility is providing $15m for the Nokia-backed car sharing company’s series C round, which also includes Reliance Group’s venture capital unit.
Jabong gets snapped up by Flipkart for $70m
The Rocket Internet-founded Global Fashion Group’s Indian platform, Jabong, has been bought for $70m, less than two years after reported talks over a $1.2bn acquisition.
MyTaxi gets a friendly Hailo in merger deal
Daimler-owned MyTaxi is joining forces with KDDI-backed Hailo to form what they hope will be Europe’s market leader in app-based taxi ordering.
Focus goes all out for $300m in funds
Outdoor advertising firm Focus Media plans to launch four $75m corporate venturing partnerships to invest in internet, technology, entertainment, education and travel technology.