Symantec Ventures will focus on opportunities in the cybersecurity sector, building on the investment in Appthority that the corporate conducted through subsidiary Blue Coat.
Month: March 2017
ChargePoint loads $82m
Car manufacturer Daimler led an $82m investment yesterday for ChargePoint, a US-based provider of a network of electric vehicle (EV) charging stations. The funding constitutes a first close. It was also supported by car maker BMW’s corporate venturing arm BMW i Ventures as well as Linse Capital, Rho Capital Partners and Braemar Energy Ventures. Established… Continue reading ChargePoint loads $82m
Paytm E-Commerce collects $200m
The round, first rumoured a month ago, will be led by Alibaba with a $177m injection and value Paytm E-Commerce at $1bn.
Virginia Tech and Carilion launch $15m fund
The university has partnered healthcare provider Carilion Clinic to establish a $15m fund focused on the local area.
Investors share $14.5m with 5Lmeet
The space-sharing provider has attracted capital from GIC and Kaifeng Culture Tourism Investment Group.
Shumei uncovers $10m series A
Baidu Ventures and Qihoo 360 Technology are among the backers of a funding round for Shumei Technology.
Incorta courts GV for $10m series A
GV has led a series A round for Incorta, a real-time analytics platform that reduces query times from several hours to seconds.
Dora’s Dream wakes up to $12m series A+
Dora’s Dream, a China-based women’s clothes rental platform, has raised $12m in a series A+ round led by Legend Capital, the corporate venturing unit of conglomerate Legend Holdings, China Money Network reported today. Apparel producer La Chapelle Fashion also participated in the round, which follows a $7m investment from undisclosed backers in March 2016. Founded… Continue reading Dora’s Dream wakes up to $12m series A+
Medisafe personalises $14.5m series B
Merck KGaA and Qualcomm have put money into Medisafe, which is aiming to solve the problem of patients not adhering to their medication.
MFEC to establish $20m investment arm
The software company has set aside $20m to invest in startups and will move some of its human resources staff to manage the new corporate venturing subsidiary.
BlackBuck hauls $30m series C
IFC previously committed $10m to the round in January and has now been joined by investors including Sands Capital, which in turn has also promised $10m.
Nowait books $40m acquisition
Yelp has acquired its portfolio company Nowait, a restaurant booking app that it backed last August.
Freenome manages $65m series A
The disease detection technology developer has received cash from a consortium that included GV.
Lyft signals $500m investment
The round would value Lyft at $6bn to $7bn, and come just over a year after General Motors led a $1bn investment before making a bid to acquire the ride sharing app developer.