The cloud gaming platform developer has raised series A financing from backers including France-based telecom company Alcatel-Lucent.
Author: Robert Lavine
Nokia connects with Innovis
Nokia Growth Partners, the corporate venturing unit belonging to telecom conglomerate Nokia, invested an undisclosed amount in India-based telecommunications networking services company Innovis Telecom Services yesterday. Innovis provides end-to-end services covering the building of networks for wireless and broadband telecommunications networks. Although Innovis currently has a presence in several African and Asian countries, it plans… Continue reading Nokia connects with Innovis
xAd marks the spot for Softbank
US-based local mobile advertising network xAd raised $9m in funding yesterday from Softbank Capital, the venture capital (VC) firm affiliated with telecom, internet and media conglomerate the Softbank Group, as well as financial services firm the Silicon Valley Bank, VC firm Emergence Capital Partners and VC fund Palisades Ventures. xAd has now raised a total… Continue reading xAd marks the spot for Softbank
BrightFarms harvests funding
Hydroponic greenhouse company BrightFarms closed a $4.3m funding round on Monday with participation from Emil Capital, the US-based investment unit for Germany-based retail group Tengelmann, as well as venture capital firm NGEN Partners and Ted Caplow, the founder of BrightFarms. The series A round follows a round of seed funding in May that raised an… Continue reading BrightFarms harvests funding
The sun shines on Tigo
The solar module manufacturer has raised $18m just one month after receiving a $5m investment.
Patel joins Aureos from AVG
Ashish Patel, an Intel Capital executive for more than ten years, takes up a partner role for Asia at private equity fund management firm Aureos.
Small Bone secures big loan
Small Bone Innovations, an orthopaedics company previously backed by Goldman Sachs and Olympus, has secured a $43m loan from the VC division of the Orix Corporation.
Neonga plays to win
Germany-based online game publisher Neonga closed a new round of financing on Thursday, partly funded by Tengelmann Ventures, a subsidiary of retail holding company Tengelmann. The sum raised was undisclosed. High-Tech Gründerfonds, the venture capital firm backed by the German government and corporates, and VC Fonds Kreativwirtschaft Berlin, a venture fund run by financial services… Continue reading Neonga plays to win
Citigroup opts to pay Bill.com
The online cash management company has closed a series D round with participation from a Citigroup subsidiary, taking its financing over the $40m mark.
Comcast designates Plum District
The daily deal site aimed at mothers has raised $20m from a pool of backers including Comcast Ventures.
Kabam strengthens ties with Google
Google-backed social game developer Kabam released its latest game, The Godfather: Five Families, exclusively on Google+ on Thursday. The game represents the first major cinematic licensing for social gaming, as well as the first to launch exclusively on Google’s social network. Kabam’s series D round raised $85m in May, with Google, semiconductor maker Intel and… Continue reading Kabam strengthens ties with Google
Klarna takes payment from DST
DST Global, the investment fund founded by Russian firm Digital Sky Technologies and backing from Chinese internet company Tencent, is investing in online payments company Klarna.
Iberdrola gives out renewable energy awards
The Spanish energy conglomerate held its second annual Perseo awards last week, with three firms being honoured.
Goldman Sachs makes Uber investment
On-demand car service Uber has secured $39m in series B funding from investors including financial services firm Goldman Sachs. The round was led by Menlo Ventures with participation from fellow venture capital (VC) firms Benchmark Capital and Bezos Expeditions (the vehicle for Amazon.com founder Jeff Bezos’ VC investments) and investment firm Lowercase Capital. Uber previously… Continue reading Goldman Sachs makes Uber investment