Amazon is joined in the seed round by venture firms Venture51, Ludlow Ventures, Trestle Ventures, Quotidian Ventures as well as assorted angels.
Author: Gregg Bayes-Brown
Box closes $125m round
Private equity firm General Atlantic (GA) provided $100m of the investment in the cloud storage company backed by SAP Ventures and Salesforce.
O’Reilly eyes third fund
O’Reilly AlphaTech Ventures (OATV), the corporate venturing unit of O’Reilly Media, is planning to begin marketing its third fund this Autumn with a target of $75m, according to news provider Fortune. The fund aims higher than previous funds. In 2010, the firm closed its second fund, OATV II, at $59.25m, and raised $51m for its… Continue reading O’Reilly eyes third fund
Square doubles value to $3.25bn
Private equity investor Suhail Rizvi is leading the latest round for the Visa-backed mobile payments company, according to news provider New York Times that cites sources familiar with the deal.
P&G makes Becker business development head
Laura Becker, the new head of Procter & Gamble’s Becker Global business development group, running its innovation programme has worked for P&G in a wide range of roles since 1990.
Picarro secures $7m
NTT Electronics, a Japan-based hardware company, is joined in the Series D round for the air quality measuring company by venture firms Focus Ventures, DAG Ventures, and China-based healthcare PE investment fund Mingxin China Growth Fund.
Bluefin Labs names Maheu CEO
Bluefin Labs recruits another chief executive after raising $12m in January backed by media company Time Warner’s corporate venturing unit.
Ticketfly eyes $22m
SAP Ventures is joined in the round by venture firms Northgate Capital, Cross Creek Capital, and Mohr Davidow Ventures. The deal brings the total investment raised by Ticketfly since its launch in 2008 to $37m.