Corporate venturing-backed mobile gateway company Stoke has hired Charles Corbalis, formerly a co-founder of StrataCom and Calient Networks, as its vice president of engineering.
Author: Robert Lavine
Samsung transmits investment to Cambrios
Nanotechnology developer Cambrios Technologies, now headed by ex-SiBEAM chief executive John LeMoncheck, is $5m better off thanks to a Samsung corporate venturing unit.
AlienVault locks away $8m
The Teldat-backed network security firm has closed a series B round that brings its overall funding to $12m.
Solera networks with Intel Capital
US-based network security analytics provider Solera Networks secured $20m on Monday in a series D round led by Intel Capital, the corporate venturing unit for semiconductor manufacturer Intel. Venture capital (VC) firms Allegis Capital, Trident Capital and Signal Peak Ventures also participated in the round, which will be used to expand global sales and marketing,… Continue reading Solera networks with Intel Capital
Corporates help Solidia build for the future
The advanced building materials company is backed by BASF, BP and RU-COM, and has just closed a $27m financing round.
Hyundai switches seats at Nesscap
Jun Hyung Kim joined the board of directors for Canada-based energy storage company Nesscap as automotive company Hyundai’s representative, replacing previous Hyundai director Hyun Jun Kim, it emerged last Wednesday. The news came as Nesscap officially announced a number of executive appointments. Nesscap has also hired Stephen Oliva from energy control networking corporation Echelon as… Continue reading Hyundai switches seats at Nesscap
Comcast comes back for return viewing of SnagFilms
The online viewing platform for independent films and documentaries is looking to grow with $7m in equity and debt funding received from backers including Comcast Ventures.
Clio lays down the law for investors
The Hubert Burda-backed Acton Capital leads the latest round for law practice management company Clio, as it raises $6m.
Xagenic heads out of the lab and into the money
The molecular diagnostics startup has landed $10m in a series A round partially funded by Qiagen, a molecular diagnostics and testing technology company.
ConforMIS solidifies $89m investment
The orthopaedic specialist has raised $89m in a series E round supported by investment group Axel Johnson and Asia-based government-backed investment funds.
Biogen Idec bids farewell to New Ventures
The pharmaceutical corporation is closing its corporate venturing unit, and will instead invest in strategic partnerships with mid-sized companies.
Profitero wins IBM SmartCamp
Nine startups competed for the title of 2011 IBM Global Entrepreneur of the Year, at the three day IBM SmartCamp Global Finals in Silicon Valley, with Ireland-based Profitero emerging victorious on Thursday. Almost 1,000 companies applied to participate in IBM SmartCamp events throughout 2011, with the stated aim of developing solutions for problems faced in… Continue reading Profitero wins IBM SmartCamp
FXall hoping for special effect from IPO
FXall, the electronic trading platform formerly known as FX Alliance, which is backed by a range of financial services firms, will offer its shares at between $13.50 and $15.50 when it floats.
Verastem gets $55m in IPO treatment
The oncological drug developer backed by the firm of SR One’s founder outstrips expectations as it raises $55m from its initial public offering, seeing its price rise after the first day of trading.