US-based mobile payments specialist Square has acquired New York design firm 80/20 which specialises in interface design.
Author: Ben Bostock
Airbnb eyes checking in $100m
US-based house-sharing start-up Airbnb is raising fresh capital of around $100 million in third-round funding, according to TechCrunch.
Daimler takes a slice of Tiramizoo
Daimler has acquired a minority interest in Tiramizoo, a Munich-based delivery logistics service start-up.
ContinuumRx in full health with $7m
Mitsui & Co. Global Investment is joined by venture firms backing the hospital-to-home health care infusion company.
IAC/InterActiveCorp seeds $20m Brightline
IAC/InterActiveCorp is to invest $20m in seed capital in Brightline – a joint e-publishing venture between heavyweight media executives – with expertise from Brooklyn-based e-publisher, Atavist, according to news provider New York Times. Scott Rudin, the film and theatre producer, and Barry Diller, the chairman of IAC/InterActiveCorp and media executive behind the creation of Fox,… Continue reading IAC/InterActiveCorp seeds $20m Brightline
Info Edge chews on Zomato
India-based classifieds company backs local restaurant review company Zomato again, taking its stake in the company to 48.5%.
Airbiquity fuels up with $10.4m
The wireless communications company for vehicles backed by a corporate venturing unit of Anglo-Dutch oil major Royal Dutch Shell, could raise as much as $19.2m in the round.
Tencent sets up $158m antivirus fund
Tencent’s move will allow smaller companies to develop their own antivirus software independently.
Maciej Żak joins Intel Capital
Intel Capital has appointed Maciej Żak as investment director to the firm’s investment team for Central and Eastern Europe, the Middle East, Africa and Russia. The Central Eastern European team is led by Intel Capital stalwart, Marcin Hejka. Intel’s new addition to the team will be based in the Warsaw office and will join the… Continue reading Maciej Żak joins Intel Capital
Samsung charges up Voltaix
Samsung’s corporate venturing unit backs the company, joining Intel Capital and venture firms MissionPoint and Novus Energy Partners as investors.
Amplidata stores $6m
The corporate venturing unit of US-based chip company Intel Capital, Switzerland-based telecommunications company Swisscomm and data protection company Quantum Corporation have helped Belgium-based digital storage company Amplidata raise $6m. Amplidata, which offers scalable object-based storage at a reduced cost, has now raised $20m.. Swisscom, Quantum and Intel Capital were joined by venture firms Hummingbird Ventures,… Continue reading Amplidata stores $6m
Info Edge smartens up 99labels with $900,000
India-based online advertising company Info Edge has reportedly invested R5crore ($900,000) in discount fashion apparel sales website 99labels.com. 99labels.com sells everything from perfumes to décor at up to 90% discounts, It was backed with $3.5m by Info Edge last May, according to news provider VCCircle. Info Edge also recently made a$6.5m investment in Bangalore-based online… Continue reading Info Edge smartens up 99labels with $900,000