Sistema has led a $6.2m series C round that will help contractor recruitment platform YouDo expand into the US, Europe and Asia.
Month: July 2016
Santander doubles InnoVentures fund to $200m
Santander has doubled the amount of capital allocated to the UK-based fintech corporate venturing unit it launched two years ago.
Legend Capital settles down at Udesk
Customer service provider Udesk has added a $15m series B round led by Legend Holdings’ corporate venturing unit to $3m from DCM last year.
Ford seals Civil Maps partnership at seed stage
Civil Maps, a startup working on autonomous car mapping technology, has raised $6.6m in a seed round that will fund product development.
Amplero makes noise with $8m series A
Salesforce Ventures contributed to the series A round for the Globys spinout, which also received funding from its parent company.
DotC crosses the T’s on $45m series A
Bertelsmann Asia Investments was among the participants in the first external funding round disclosed by DotC United, a mobile app developer spinout of Avazu.
Santander joins Silent Circle in $50m round
Privacy technology provider Silent Circle took its funding to $130m in just over two years with a series C round led by strategic investor Santander.
CyberGRX generates $9m in series A round
The cyber risk management platform has completed its first funding round with the support of Alphabet, Massachusetts Mutual Life Insurance and TenEleven.
Big Deal: Second Genome boosts second round
Second Genome, which is applying genomics technology to the microbiome, is the latest in a growing string of gene technology companies to raise substantial funding.
Amazon has Cloud9 over the moon
Atlassian-backed cloud collaboration software developer Cloud9 has been purchased by Amazon and will be absorbed into its Amazon Web Services product suite.
Flightcar makes crash landing at Mercedes-Benz
Airport-focused car sharing service Flightcar, which had raised $40m from backers including Priceline, Tencent, Comcast and SoftBank, has shut down and sold its technology to Mercedes-Benz.
Yandex and Baring Vostok invest $5.5m in house-call doctor service
Internet company Yandex was among the participants in a Baring Vostok-led round that will enable Russia-based Doc+ to expand across the country.
Russia’s Sberbank participated in Uber’s latest equity round
SBT Venture Capital, the venture arm of Russian state-controlled savings bank Sberbank, appears to be among the participants in Uber’s latest equity funding round. Led by Saudi Arabia’s Public Investment Fund, this $3.5bn deal took place this spring, valuing the US startup at $62.5bn. SBT’s participation was revealed by BNE Intellinews, an online resource covering… Continue reading Russia’s Sberbank participated in Uber’s latest equity round
News roundup 18 July 2016
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.