The Qualcomm-backed motion processing technology firm raised $75m from its initial public offering.
Author: Robert Lavine
Rethink Books finds its Ambassador
US-based Rethink, which develops mobile applications for digital books, has raised $2m in its series A round.
Axxana looks to Asia with Sumitomo
Presidio Ventures, the US-based corporate venturing division of Japan-based general trading corporation Sumitomo, invested an undisclosed amount in Israel-based data recovery software firm Axxana on Wednesday. Prior to Presidio’s funding, Axxana had raised $14m in financing over two rounds. Axxana’s series A raised $5m from venture capital (VC) investor Gemini Israel Funds, in 2007, and… Continue reading Axxana looks to Asia with Sumitomo
Happiest Minds raises $45m
The enterprise IT company has raised $45m in its series A round from investors including Intel Capital, surpassing the $25m figure tipped in earlier reports.
Bluestem postpones IPO
The e-commerce company has postponed its IPO two weeks after filing due to market conditions.
Heverest sports new investors
The online retailer, launched by seed investor Fast Lane Ventures in June, has taken its overall funding to $2m.
Visa Europe funds Beyond Analysis
The card payments company, which operates independently of US-based Visa, has acquired a minority stake in transaction data analytics company Beyond Analysis.
IDG invests to get Minted
Social commerce company Minted.com has closed $5.5m in series B financing, with existing investor IDG Ventures among the participants.
Vyatta raises $12m
The networking software company has closed a $12m series D round with existing investors Citrix and JP Morgan among the backers.
Suvidhaa cashes $12m from Mitsui
Japan-based conglomerate Mitsui invested $12m in India-based services commerce company Suvidhaa Infoserve on Tuesday, bringing Suvidhaa’s total funding to $25m since it was founded in 2007. Mitsui’s series C investment follows a $7m series B round, in August 2010, led by the International Finance Corporation, the investment unit belonging to the World Bank, and participated… Continue reading Suvidhaa cashes $12m from Mitsui
Google’s Israeli incubator to switch on in 2012
US-based internet company Google is set to open an incubator in Israel next year, according to comments made by Yossi Matias, director of Google’s Israeli research & development centre, on Sunday. The comments were made at Google Israel’s annual development conference. The incubator is planned to commence operations when Google Israel moves into its new… Continue reading Google’s Israeli incubator to switch on in 2012
Sphere rounds off IPO
The Siemens-backed medical device company has agreed to raise $22.1m from its initial public offering, expected to take place later this week.
Mitsui looks to feed from BioAmber IPO
Feedstocks company BioAmber has filed for an IPO which could raise up to $150m with investors set to cash in including Samsung, Toyota and Mitsui, which will also invest further in BioAmber.
IDG and Prada to bag Sitoy shares
IDG and Prada have reached an agreement to acquire stakes of about a fifth each of the shares issued by handbag maker Sitoy in its forthcoming IPO, according to International Financing Review.