US-based software company Joyent closed a series D round worth $85m on Monday, led by Weather Investment II, a group which owns a 20% stake in Russia-based telecom conglomerate Vimplecom. Telefónica Digital, the division which houses the corporate venturing unit of telecommunications corporation Telefónica, also contributed to the round, making its second investment since the… Continue reading $85m puts Joyent on cloud nine
Author: Robert Lavine
J&J adjusts its focus towards PowerVision
US-based intraocular lens developer PowerVision closed its series C round at $37.2m it has emerged, as it added Johnson & Johnson Development Corporation (JJDC) to its pool of investors, on 22nd December. JJDC joined venture capital (VC) firms Advanced Technology Ventures, Venrock and Frazier Healthcare Ventures, all existing investors, in the round’s final closing. Medical… Continue reading J&J adjusts its focus towards PowerVision
RueLaLa executives awarded incentives
RueLaLa, partly owned by eBay, has issued $22m worth of stock options to its executives.
Daimler hitches a ride on MyTaxi
Germany-based online taxi ordering application MyTaxi secured €10m ($13m) in series B funding on Monday, with Car2Go, an urban mobility subsidiary of automotive corporation Daimler, and Deutsche Telekom’s corporate venturing unit, T-Venture, among the backers. The size of the stake acquired by Car2Go is reportedly 15%, while KfW Bankengruppe, a development bank part-owned by the… Continue reading Daimler hitches a ride on MyTaxi
3M flows into HydroNovation
3M, which runs its own water filtration business, is investing in water purification specialist HydroNovation through its corporate venturing division.
Vodafone identifies Finsphere’s promise
Vodafone Ventures, the corporate venturing division of telecommunications corporation the Vodafone Group, led an $11.3m investment in US-based identity analytics firm the Finsphere Corporation on Monday, taking its overall funding to $30.2m. Also participating in the round were several of Finsphere’s existing investors: venture capital firms Frazier Technology Ventures, Mohr Davidow Ventures and Shasta Ventures.… Continue reading Vodafone identifies Finsphere’s promise
LanzaTech teams with Malaysian energy cos
The waste energy recycling company closes a series C round worth more than $55m from a pool of new and old investors including two Malaysia-based energy corporations.
Carticept eases launch pain with $10m
The medical device company is planning to finance the launch of its drug delivery system with a $10m series C round with SonoSite among the backers.
6waves Lolapps goes mobile with Escalation
Social gaming company 6waves Lolapps has made its second acquisition in three months as it absorbs mobile gaming developer Escalation Studios.
Bioconnect strengthens bonds with investors
The Fidelity-backed medical device company is preparing for a series B round that could raise up to $10m.
NXT loan sweetens Digital Chocolate
The Intel-backed social games developer has borrowed $5m from commercial finance company NXT, which will be used to finance short term growth.
Recon Instruments displays potential for Kopin
NanoSemiconductor corporation Kopin is among the investors backing ski-based microdisplay company Recon, which has raised $10m in series A financing.
Gamesa charges into N2S
Wind turbine company Gamesa acquired a 20% stake in Spain-based technology firm N2S on Wednesday through its corporate venturing fund, Gamesa Venture Capital. The amount paid by Gamesa was not disclosed. The investment is Gamesa Venture Capital’s third since the €50m ($71m) fund was launched in May last year, following its purchase of a 28.7%… Continue reading Gamesa charges into N2S
Constant Contact grabs hold of CardStar
Verizon-backed loyalty platform CardStar is now part of email marketing company Constant Contact.