Embrane, a provider of app-centric network services, has now raised $41m in total, after Cisco and Sumitomo subsidiary Presidio Ventures both invested in its series C.
Author: Robert Lavine
Airtel corporate venturing unit remains grounded
Indian telecommunications company Bharti Airtel is yet to make an investment through its $33m fund, six years after it launched.
AGTC sees $50m in proceeds from IPO
The biopharmaceutical company, which has investors including the corporate venturing subsidiaries of GlaxoSmithKline and MedImmune, has secured $50m from its initial public offering.
Weekly corporate venturing deal net
– Germany-based media company ProSiebenSat.1 has acquired a minority stake in US-based online media provider Collective Digital Studio (CDS) through a “significant investment”. CDS has not revealed any previous funding. The deal followed in the wake of The Walt Disney Company’s $500m acquisition of another digital media provider, Maker Studios, earlier in the week, though… Continue reading Weekly corporate venturing deal net
NRG emerges as likely investor in $31.5m OneRoof round
Hanwha-backed solar rooftop installer OneRoof has raised $31.5m in funding and a regulatory filing indicates NRG’s solar subsidiary is the probable investor, signalling its entry into the rooftop solar sector.
TubeMogul to tunnel to $75m IPO
SingTel-backed TubeMogul, developer of a platform that helps companies to brand themselves through online videos, could raise up to $75m when it floats.
News Corp identifies potential in RelateIQ
The relationship management software developer has raised $40m in a series C round that increased its overall funding to $69m.
Kolltan to advance cancer treatments with $60m series D
The oncology specialist will advance its lead drug candidate into Phase 2 trials with the proceeds of the $60m round, which featured existing investor Purdue Pharmaceuticals.
Spotify begins tuning up for autumn IPO
The music streaming service, which counts Coca Cola, Goldman Sachs and Fidelity among its investors, has reportedly started talks with investment banks over an initial public offering.
Lithium Technologies adds Klout in $200m deal
Lithium has acquired US-based Klout, an analytics firm backed by Microsoft that measures online influence, for a reported $200m.
Alibaba forms entertainment investment unit
The e-commerce company has extended its financial services offerings with a film, TV and game investment platform that will raise capital through crowdfunding.
Clever shows smarts as it secures $10.4m
Clever, which has received funding from Google’s corporate venturing fund Google Ventures, has boosted its total investment to $13.4m
Business Growth Fund pays $16m to join The Consulting Consortium
Bank-backed BGF has taken a minority stake in TCC, which provides consultancy services to the UK’s financial services industry.
Hired recruits seed investors for $15m series A
The Google-backed technology recruitment marketplace has now raised $17.7m in the space of just over a year.