Existing backer Cisco Investments came back to contribute to a $9.5m round for the industrial sensor developer, which also counts Mitsui as a shareholder.
Month: July 2017
Biovotion tracks corporates to close series A
The vital signs tracker developer has raised $13.5m in an oversubscribed round that included corporates Swiss Re and STMicroelectronics.
Flashpoint fires up $28m series C
Bloomberg Beta and Cisco Investments each made their third investment in the business risk intelligence software provider, which has now raised $43m in total.
E-Scape Bio expands series A to $63m
Novo, Johnson and Johnson, Eli Lilly and Novartis are all participants in the neurodegenerative disease drug developer’s first funding round.
Deep Instinct feels out Nvidia to raise $32m
The deep learning-based cybersecurity technology developer has received series B funding from investors including Nvidia.
Bitly reaches Spectrum in $63m deal
Growth equity firm Spectrum Equity paid $63m yesterday for a majority stake in Bitly, a US-based online link creation platform backed by media group O’Reilly. Founded in 2008, Bitly created a link-shortening platform that helps users post links on online media sites where space is limited, and has since expanded that into an overall link… Continue reading Bitly reaches Spectrum in $63m deal
Autotech closes corporate-backed fund at $120m
Corporates including Denso, Mahle and Murata Manufacturing have joined existing backers like BorgWarner and Autoliv to take the ground transport-focused firm’s first fund to $120m.
Innoviti comes up with $18m
Tata-backed Innoviti has secured new funding in a round led by a fund backed by financial services providers SBI and FMO.
HyTrust hits series E with $36m
Advance Venture Partners has led a funding round for cloud security company HyTrust, while existing shareholders Cisco, Intel, Fortinet and VMWare all returning.
News round up 17 July 2017
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
UMC conducts investment in CerebrEx
UMC subsidiary Fortune Venture Capital has teamed up with INCJ for a $7.1m secondary investment in flat-panel display technology developer CerebrEx.
Yamibuy yanks in $10m from series A
New Oriental Education and Technology Group has participated in a round for Yamibuy, which sells Asian consumer items to North America-based customers.
Deutsche Börse bonds with Trumid with $10m investment
Securities exchange Deutsche Börse invested $10m in US-based digital bond trading network operator Trumid on Monday through its corporate venture capital arm, DB1 Ventures. Trumid operates an ‘all-to-all’ corporate bond and credit default swap trading platform, designed to improve liquidity in the fixed income markets. The platform enables buyers and sellers to trade directly and… Continue reading Deutsche Börse bonds with Trumid with $10m investment
Inpria impresses in series B round
The semiconductor manufacturing component maker secured $23.5m, with Samsung Ventures, JSR Corporation, Aliad, Applied Ventures and Intel Capital all investing.