The used car marketplace has shut down its California operations and is merging with a stealth company called Fair.com, after SAIC reportedly decided to exit the company.
Month: December 2016
SnapLogic integrates $40m series F
SnapLogic, a US-based platform that connects cloud-based applications backed by software company Microsoft, raised $40m in series F funding yesterday in a round led by Vitruvian Partners. The round also included Andreessen Horowitz, Capital One, Ignition Partners, NextEquity Partners and Triangle Peak Partners. Established in 2006 as Brown Fox Software, SnapLogic’s software enables businesses to… Continue reading SnapLogic integrates $40m series F
There’s more to venture capital than just capital
In an industry that moves as fast as venture capital, all sorts of ideas can get swept up in the hype machine and quickly crowned as the newest of new things. So it is with recent talk about startup investing. Venture firms and funds, evangelists preach, have to do more than write checks. They must… Continue reading There’s more to venture capital than just capital
Corporations walk tightrope in buying portfolio companies
“Nearly a fifth of M&A exits by corporate venturing units to parent companies.”
All-tech venturing for a new mobility paradigm
With $32bn in revenues last year, Magna International, global automotive supplier, is probably the largest company you have never heard of – unless you are in the automotive industry. Its original equipment manufacturer (OEM) clients range from Aston Martin to Ford and just about everyone in between. Its product range is equally diverse, from electronics… Continue reading All-tech venturing for a new mobility paradigm
A focus on product, planet and opportunity
Andrew Gaule talks to Mehmood Khan, vice-chairman and chief scientific officer, global research and devel-opment, PepsiCo
The most important trends of 2016
What were the most important trends in 2016? Results from our corporate venturing survey of industry leaders.
Deals plateau in November
GCV Analytics tracked 159 deals backed by corporate venturers in November, worth an estimated total of $4.01bn. The US was home to companies raising the majority of those rounds (78), while China and the UK ranked second and third with 27 and 10 deals respectively. As usual, the largest deals took place in China. The… Continue reading Deals plateau in November
Editorial: Golden age’s passing creates platform for professionals
More than five years ago, this column, ahead of our first Global Corporate Venturing Symposium in London, UK, said it was the start of a “golden age” for the industry. And so it has proved. The launch of Global Corporate Venturing 12 months earlier had made it possible to gauge more accurately the size of… Continue reading Editorial: Golden age’s passing creates platform for professionals
Creo collects $25m ahead of Aim flotation
Creo Medical, a UK-based medical device developer backed by medical device company Pentax Medical, has raised £20m ($25m) through a placing ahead of a planned listing on Aim on December 9 2016. In a regulatory filing yesterday, Creo said it has conditionally raised £20m through a placing at a price of £0.76 a share, which… Continue reading Creo collects $25m ahead of Aim flotation
Secdo secures $10m series A
RDC, a joint venture between defence companies Rafael and Elron, co-led the round for the incident response technology developer.
Yimidida carries $14m to series A+
Online logistics platform Yimidida has raised capital from investors including GLP.
PatientPing coordinates $31.6m series B
PatientPing has added $31.6m to its coffers, a year after GV co-led a $9.6m series A round.
Finicity aggregates $42m series B
Experian has led the latest funding round for Fincity, which will use the cash to hire engineers and support staff and accelerate development of additional features.