Disney’s Steamboat Ventures funding helps allow social gaming company Playdom to buy peer Metaplace.
Author: James Mawson
Cisco finds right compass for Israeli investment
Compass EOS aims for $20m in latest round of funding from Cisco Systems and venture capital firms.
Envirogen Technologies gains $50m for water works
Undisclosed backer provides funding to Amplio Filtration subsidiary.
Wal-Mart sees Green Dot flotation
Prepaid debit card provider Green Dot gained retailer Wal-Mart as strategic backer two months before deciding on US flotation.
Comcast to raise $20m fund for minorities
US entrepreneurs from minority backgrounds to gain funding vehicle if cable company Comcast’s merger with broadcaster NBC Universal goes ahead.
Intellikine gains potentially infinite payments stream
Novartis Venture Funds, the corporate venturing division of Switzerland-based Novartis ranked first by Global Corporate Venturing last month, has been an important investor in Intellikine and Infinity, which have struck a licensing agreement.
Poxel gains French backing for A round
Largest series A round in France for five years sets up Merck Serono spin out Poxel for diabetes drug development.
FusionOne achieves exit to Synchronoss
After more than $140m of funding in 12 years, FusionOne sells to Nasdaq-listed software peer Synchronoss Technologies.
Google Ventures leads second healthcare investment
IPierian joins Adimab as second public minority investment by search group’s corporate venturing division.
The9 takes first non-Asian minority stake
Aurora Feint adds China-based game developer The9 to Japan’s DeNA as its strategic investors.
UK venture funding falls
NESTA calculates venture capital funding in UK fell by about a quarter last year.
Liberty Interactive backs Lockerz site
US media group Liberty owns 65% of social commerce site Lockerz with new funding.
EMC chews on Greenplum deal
Data stroage company EMC rather than Greenplum’s strategic investor Oracle buys target after venture backing.
Allegis Capital hires Mayfield’s CFO
Kendall Cooper joins US-based venture capital firm Allegis Capital, which has close links to strategic investors, as its chief financial officer.