YuMe, the US-based TV 2.0 advertising technology company, secured $12m in funding on November 16th from Samsung Ventures, the corporate venturing unit belonging to electronics conglomerate Samsung, and venture capital (VC) firm Translink Capital. The investment made up part of a proposed $18m round YuMe, and takes YuMe’s overall funding to about $67.5m since its founding… Continue reading YuMe advertises itself successfully to Samsung
Author: Robert Lavine
Outblaze flames up its first round
Intel and IDG-Accel are funding a series A round for Outblaze, which develops games for smartphones and tablets.
Xoom raises $25m
The SVB-backed online money transfer company has raised another $25m from existing investors, with an executive from the former Fidelity Ventures among the deal’s signatories.
Groupon shares tumble post-IPO
Groupon’s share price plunged below its starting value on Wednesday less than three weeks after its initial public offering (IPO). Groupon’s share price was set at $20 per share pre-IPO, but began trading on Nasdaq on November 4th at $28 per share, rising to a peak of $31.14 per share on opening day, yet the… Continue reading Groupon shares tumble post-IPO
Unilever, Capvent target Asia
The Capvent Asia Consumption Co-investment Fund (CACC), a $150m fund co-run by consumer conglomerate Unilever and Switzerland-based fund of funds Capvent, has made its first close, according to venture capital website VCCircle. The amount secured for the first close is not known. The anchor investor in the fund will be Unilever’s corporate venturing unit, Unilever… Continue reading Unilever, Capvent target Asia
Mitsui helps iPlus drink $10m
China-based baby and childcare product company iPlus secured more than $10m in funding on Monday from Mitsui Global Investment, the growth investment division of Japan-based conglomerate Mitsui, and financial services firm the SBI Group, according to news provider PEdaily. Founded in 2006, iPlus deals in mother-and-baby products and services, and has built up a distribution… Continue reading Mitsui helps iPlus drink $10m
Dominion helps Power Assure raise $14.5m
The data centre energy manager has expanded its series B round to $14.5m with a $1m investment from Dominion Resources.
Intel in $9.9m Insyde deal
Intel has carried on its long running relationship with firmware company Insyde, investing a further $9.9m.
VideoSurf makes waves with Microsoft sale
Microsoft has acquired the Verizon-backed video discovery technology company for a reported figure of almost $100m.
Ecova continues to grow with Prenova
Energy management company Ecova has grown its customer base by acquiring its competitor, the Siemens-backed Prenova.
Pfizer’s interest in Excaliard beyond skin deep
Pharmaceutical conglomerate Pfizer acquired US-based biopharmaceutical company Excaliard yesterday for an undisclosed amount yesterday in a transaction expected to close before the end of the year. Excaliard’s only significant financing since its 2006 founding was a $15.5m series A round in November 2007, by biomedical company Isis Pharmaceuticals and venture capital firms Alta Partners, ProQuest… Continue reading Pfizer’s interest in Excaliard beyond skin deep
Synacor seeks $75m from IPO
The Intel and Mitsui-backed internet design company has filed for an IPO that could raise up to $75m.
Profitero prices funding
The pricing intelligence service has raised $1m in seed funding from investors including an equity fund belonging to the Bank of Ireland.
Virgin and Strauss water the investment soil
UK-based conglomerate the Virgin Group and Strauss Water, the drinking water purification and filtration division of Israel-based food and beverage company the Strauss Group, embarked on a joint venture to provide customers with purified drinking water, on Sunday. The Virgin Green Fund, an independent private equity firm affiliated with the Virgin Group, will contribute $7.5m… Continue reading Virgin and Strauss water the investment soil