Four years after establishing the European branch of electronics producer Samsung’s corporate venturing arm, Michael Jeon will be moving to the US to oversee its mobile and digital investments.
Author: Robert Lavine
LED lighting company Glo closes $30m series D round
The Sweden-based company, which uses nanotechnology to develop next-generation lighting products, counts Agder Energi Ventures among its existing investors.
BlueCross Blue Shield co-leads $6m AbilTo series B
The therapeutic programme provider has now raised $9m after completing a series B round that also included Sandbox Industries and existing investor .406 Ventures.
Percolate brews up $24m as WPP joins investors
The marketing software developer has raised $24m in a round led by Sequoia Capital and supported by WPP, which takes the company’s total fundraising to $34.5m since it was formed.
Cisco and WWE opt for a bit of Phunware
Phunware, developer of a platform that allows brands to engage with their customers on mobile devices, has secured $30m and WWE and Cisco are among the investors.
Alder Biopharmaceuticals seeks to avoid headache as it files for $115m IPO
Alder, which is developing antibodies to fight migraine and arthritis, secured $38m in a 2012 venture round backed by Novo and TPG, and will use the money from the initial public offering to forward testing.
Xilinx speeds into $16m Aquantia series G
Ethernet technology company Aquantia has now raised $154m since it was founded, and counts corporates Xilinx and LSI as backers.
Lockheed Martin secures ABB’s stake in Industrial Defender
ABB Technology Ventures made a profitable exit as it sold its share of cyber security company Industrial Defender to Lockheed Martin, which has fully acquired the business.
Johnson & Johnson-funded Aldeyra sets IPO range
The aldehyde disease specialist, in which Johnson & Johnson owns a 44.5% stake, could potentially raise up to $27.6m from the initial public offering.
Ataxion pulls in $17m in Biogen Idec-supported series A
Biogen Idec also has the option to acquire the Massachusetts-based startup, which is developing a treatment for neurologic diseases.
FunPlus reaches next level with $74m series B round
Steamboat Ventures has joined the backers of the China-based social game developer has now raised $87m in venture capital funding.
Agile Therapeutics limbers up for $69m IPO
Kaiser Permanente-backed Agile plans to use the proceeds from its initial public offering to support clinical trials of its lead product candidate, a weekly contraceptive patch.
Google floats into $160m Cloudera round, Intel to boost total to $200m
Google Ventures entered the round as a new investor, and sources have stated that Intel is set to extend the round toward the $200m mark.
Boxfish proves fast swimmer as T-Venture and Samsung fund $7m series B
Boxfish, a platform that analyses each word spoken on television in order to provide programming recommendations, intends to expand its offerings to corporate customers as Samsung joins its investors.