Media conglomerate Time Warner led a $15m investment in US-based video streaming technology company Conviva on Monday, through its corporate venturing fund, Time Warner Investments (TWI). The series D capital takes Conviva’s total funding to $59m since its launch in 2006, with backers also including venture capital firms New Enterprise Associates, GGV Capital and Pelion… Continue reading No stalling for Time Warner on Conviva
Author: Robert Lavine
Dow Jones hires Fenwick from Bloomberg
The 25-year Bloomberg veteran, formerly the head of Bloomberg Ventures, has been hired by Dow Jones as its chief executive.
Mobeam cashes a further $1.5m
The mobile commerce company has topped up a series A round partly financed by Samsung and Mitsui to $6.4m.
Troika puts the pen down on Evernote
Investment bank Troika Dialog has divested its stake in online note taking company Evernote, garnering an exit ten times the size of its investment.
Rosenthal goes through the OpenX door
Digital advertising company OpenX, backed by several corporates, has hired Eric Rosenthal from investor AOL as the general manager of its Enterprise division.
Merck finds fertile ground in Auxogyn
Merck Serono, the biopharmaceutical division of pharmaceutical conglomerate Merck, has made an investment in the series A round for US-based reproductive health company Auxogyn through its corporate venturing fund, Merck Serono Ventures. The round closed on Thursday, with Auxogyn having raised $20m. Merck was joined in the round by TPG Biotech, the life sciences investment… Continue reading Merck finds fertile ground in Auxogyn
Merrimack to wait longer for IPO
The Fidelity-backed cancer drug developer has postponed its $191m IPO after setting the range, according to reports.
AVG secures $128m IPO
The computer security firm has raised $128m upon its flotation on NASDAQ, with Intel Capital garnering nearly $12m from the offering.
Visa judges promise in TrialPay
TrialPay, which provides monetisation opportunities for online companies linked to transactions, closes a $40m round, with Visa among its new investors.
iRobot reaches out to InTouch Health
InTouch, which uses telecom and robotics technology to develop new healthcare techniques, formalises its development agreement with robotics specialist iRobot, which is investing $6m.
Investors treat Targovax to $3.2m
Targovax, developer of a vaccine based on research conducted at a Norsk Hydro-sponsored research institute, raises $2.2m, with a further $1m committed for its next round.
TBS broadcasts interest in iStreamplanet
Turner Broadcasting System (TBS), a cable television broadcaster owned by media conglomerate Time Warner, joined the series A round for US-based online video delivery specialist iStreamPlanet on Tuesday. The round, led by corporate venturing unit Intel Capital, has now raised $9m. Intel Capital invested $7m in iStreamPlanet in May last year as part of a… Continue reading TBS broadcasts interest in iStreamplanet
Investors settle in VideoPlaza
The advertising monetisation platform for online video which relocated from Stockholm (pictured) to London is $12m better off after a series B round backed by France Telecom and Qualcomm.
Synacor gets ready to access $53m IPO
The internet services company will be floating at between $10 and $12 a share, with Intel Capital among the backers looking to cash in.