US-based business-to-business (B2B) review website G2 Crowd has raised $30m in a series B round that featured professional networking platform LinkedIn. Venture capital firm Accel led the round, while Pritzker Group Venture Capital as well as G2 Crowd’s founders and other industry executives also took part. G2 Crowd operates a B2B review platform that leverages… Continue reading G2 Crowd circles investors for series B
Month: May 2017
HP calculates Hexadite exit
Microsoft has purchased the cybersecurity company, backed by Hewlett Packard, for $100m.
URWork and 5Lmeet collect $117m
The two co-working space operators will each receive an equal share of the investment provided by Beijing Xingpai Group.
Delhivery picks up another $30m
India-based e-commerce logistics provider Delhivery has raised $30m in an extension provided by conglomerate Fosun International, the Economic Times has reported. The transaction, which values Delhivery at $650m, follows a $100m initial close in March 2017 led by private equity firm Carlyle Group. Hedge fund manager Tiger Global Management also participated in that first close.… Continue reading Delhivery picks up another $30m
BlueCross BlueShield collects $10m
The corporate venture fund, backed by the Blue Cross and Blue Shield Association, has raised an initial $10m for its new fund.
MyDream+ realises $20m series B
The co-working spaces provider has collected capital from a consortium featuring Wecash.
Unlockd deciphers $23m series B
The round was led by Axiata and will help the Australian startup expand across Asia, with a particular focus on India.
Joyson helps drive Lechebang’s series B
Automotive electronics manufacturer Joyson Electronic has contributed to a RMB300m ($44m) series B round for China-based automotive services platform Lechebang, according to the Marbridge Daily. Vertex Ventures, a VC firm backed by Singapore state-owned investment firm Temasek, also participated in the round, which was led by Yuanyi Investment. The Sino-French Innovation Fund, Cathay Capital Private… Continue reading Joyson helps drive Lechebang’s series B
Harpoon darts to $45m series B
Cancer treatment developer Harpoon Therapeutics has closed a $45m series B round backed by investors including Taiho Pharmaceutical.
Solve Healthcare irons out CVC arm
Dubbed Solve Ventures, the investment arm will focus on digital health and medical diagnostics technologies.
Demandbase calls for $65m investment
US-based marketing software developer Demandbase has closed a $65m funding round that included creative software producer Adobe Systems. The round was co-led by Sageview Capital and Silver Lake Waterman, the late-stage growth capital fund of Silver Lake. Altos Ventures, Greenspring Associates, Scale Venture Partners, Sigma Partners and Split Rock Partners also contributed to the round.… Continue reading Demandbase calls for $65m investment
Casper gets comfortable with $75m
Target has led a $75m funding round for Casper, which is targeting a final close of at least $100m.
News round up 30 May 2017
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Corporate venturing deal net: 22-26 May 2017
Naspers Ventures, the corporate venturing arm of media and e-commerce group Naspers, led the $5m second tranche on Tuesday of a series A round for Philippines-based blockchain-equipped mobile payment platform Coins. The $5m first tranche closed in October 2016 and included Kickstart Ventures and Ideaspace Foundation, respective subsidiaries of telecom firms Globe Telecom and Smart… Continue reading Corporate venturing deal net: 22-26 May 2017