Energy efficiency technology company Transphorm, already backed by investors including Nihon Inter Electronics Company and Google Ventures, files for $15m fund raise.
Author: Quentin Carruthers
Intel tunes into Newlans
Fabless semiconductor Newlans raises $15m series B funding round led by Intel Capital and including Lockheed Martin Corporation.
CounterTack tacks on $3m from Siemens
CounterTack, a US-based cybersecurity company which provides “real-time endpoint threat detection, context and visibility around targeted attacks” against enterprises, announced at the end of February that it had closed out its series B financing round with an additional $3m, to complete a $15m raise which had its first close of $12m in October 2013. With… Continue reading CounterTack tacks on $3m from Siemens
Lenovo opens Chinese door to Nok Nok Labs
Nok Nok Labs, a US-based authentication security technology provider, announced at the end of February that it had raised $16.5m series B funding from Hong Kong-based PC maker and personal technology company Lenovo Group Limited, and current venture capital investors DCM and ONSET Ventures. Together with the company’s series A financing, Nok Nok Labs has… Continue reading Lenovo opens Chinese door to Nok Nok Labs
ZenPayroll banks $20m
ZenPayroll, a US-based, cloud-based payroll solutions provider for small businesses, raised a $20m series A round of financing in February from venture capital firms General Catalyst Partners and Kleiner Perkins Caufield & Byers (KPCB), taking its total funding to date to $26.1m. ZenPayroll previously raised a $6.1m seed funding round in April 2012 from the… Continue reading ZenPayroll banks $20m
ClearSlide’s in for $50m
ClearSlide, a US-based sales engagement platform, announced at the end of February that it had closed a $50m series C round of funding led by The Social+Capital Partnership along with all current venture investors, including Greylock Partners, Bessemer Venture Partners, and Felicis Ventures participated in the round; also participating in the round was Comcast Ventures… Continue reading ClearSlide’s in for $50m
EBay back for Snapdeal
Online marketplace eBay leads $133.8m in series D funding for Indian peer Snapdeal.com.
Naspers restructures MIH Internet Africa
South African media and ecommerce company Naspers has closed down five, niche ecommerce businesses, with plans to build out its Kalahari online shopping platform.
Miner questions telcos’ corporate venturing expectations
Rich Miner, Google Ventures general partner, was speaking at the Mobile World Congress in Barcelona alongside telco executives. Miner said that corporate venturing would only have an impact “if the organisation itself decides it wants to be disruptive to itself.”. In response, Edgar Hardless CEO of SingTel Innov8, the corporate venturing division of telecom company… Continue reading Miner questions telcos’ corporate venturing expectations
Van Dijk in frame as Naspers CEO
“In view of our strong development focus on ecommerce, the board believes that Bob has the skills to lead us into the next phase of our growth,” said Ton Vosloo, Naspers chair. Bekker will stand down from the Naspers board for a year, during which time he “intends to travel widely and research where the… Continue reading Van Dijk in frame as Naspers CEO
Cisco invests $6m in Badia Impact Fund
Cisco has invested $6m in the Jordan-focussed Badia Impact Fund, in its first close including investments from the European Investment Bank and Jordan’s King Abdullah Fund for Development.
Shape Security rounds up $40m
Shape Security, a US-based cybersecuirty company which came out of stealth mode in January and provides a “botwall” as defence against website attacks, has raised $40m in series C funding led by multi-stage investment firm Norwest Venture Partners, together with Sierra Ventures and existing investors, Kleiner Perkins Caufield & Byers, Venrock, Google Ventures, Google executive… Continue reading Shape Security rounds up $40m
Tradeshift cuts $75m deal with Scentan
Tradeshift, a Denmark-based invoicing network for businesses, has raised $75m in a series C, growth funding round from Singapore-based venture capital investor Scentan Ventures, with whom it has also signed a strategic partnership. This round brings Tradeshift’s funding to a total of $112 million, and will be used to help drive its global expansion in… Continue reading Tradeshift cuts $75m deal with Scentan
IBM lands on Cloudant
IBM has agreed to acquire Cloudant, a cloud database company backed by In-Q-Tel, Rackspace, Devonshire Investors and Samsung Ventures, to “help its clients take advantage of big data, cloud and mobile.”