Mobile marketing business Scan is the latest online startup to get seed capital from Google, with several VCs and angels also participating in the $1.7m round.
Author: Robert Lavine
Kiip rewarded with Akebal hire
Manny Akebal has left Zynga to join the in-game marketing network.
T-Venture backs free mobile service
Telecommunications corporation Deutsche Telekom invested $7.5m in Pinger, a US-based provider of free mobile communications services, on Thursday, through its corporate venturing division, T-Venture. The round is the third, after a $3m series A round backed by Kleiner Perkins Caufield & Byers (KPCB) in 2005 and an $8m round which saw participation from KPCB and… Continue reading T-Venture backs free mobile service
Nokia, Google brighten Luminate
The image interactivity platform has pulled in $10.7m in a Nokia-led round, also backed by Google Ventures, as it unveils an image app store on its website.
Receptos open to new funding
US-based small molecule discovery company Receptos secured $10.8m out of a planned $50m series B round last Friday, bringing its total funding to about $43.5m. Investors in the round have not been officially disclosed but signatories for the filing include Receptos board members who are also members of Lilly Ventures, the corporate venturing fund for… Continue reading Receptos open to new funding
Brightcove shines in IPO
The digital media company backed by corporates including GE and the New York Times raised $55m from its initial public offering.
Motorola Solutions returns to Israel
The telecom company is set to recommence its venture investing in Israel through its corporate venturing arm, according to reports.
Compass points the way to $6m
Funding for the social media advertising company stands at $12m, thanks to investors including a Sumitomo corporate venturing fund.
AdChina eyes IPO
The News Corporation-backed online advertising company could raise up to $100m when it floats in the US, and will use the cash to expand its Chinese base.
Kiala delivers for La Poste
Ecommerce delivery company Kiala has been acquired by UPS, granting an exit to investors including the corporate venturing fund for France-based postal company La Poste.
Lanxess extends partnership with BioAmber
BioAmber has raised $30m in pre-IPO funding, with $10m coming from chemicals group Lanxess, which has launched a manufacturing partnership with the feedstocks company.
WPP enters the Madhouse in India
Madhouse is expanding its mobile advertising service from China to India, as WPP makes an undisclosed investment.
Pfizer, Novartis, J&J pump $43m into Celladon
US-based biopharmaceutical company Celladon closed a $43 equity round on Wednesday led by Pfizer Ventures, the corporate venturing fund for pharmaceutical corporation Pfizer. Two other corporate venturing funds for pharma companies – Novartis Venture Funds, and Johnson & Johnson Development Corporation – also participated in the round, as did life science venture funds Hambrecht &… Continue reading Pfizer, Novartis, J&J pump $43m into Celladon
Itron looks to get SmartSynch
The Siemens and JP Morgan-backed smart grid technology firm has been snapped up by Itron for a $100m sum.