IDG Ventures India has funded custom fashion retailer eShakti to the tune of $3m.
Author: Robert Lavine
Matrixx reloads for series B round
The monetisation software specialist has pulled in $12m of series B funding from investors including Innovacom, a venture fund partially-owned by France Telecom.
Intel helps Aternity raise $13m
US-based enterprise software company Aternity closed a $13m series D round of funding yesterday, led by Investor Growth Capital (IGC), a venture capital firm backed by Sweden-based industrial holding company Investor AB. The round also saw participation from Aternity’s existing investors, the corporate venturing unit Intel Capital, Israel-based holding company Clal Industries and Investments, and… Continue reading Intel helps Aternity raise $13m
Swype types up $102.5m Nuance sale
Corporate-backed touchscreen typing system Swype has become the latest software firm to be acquired by voice recognition software company Nuance, which paid $102.5m.
Eye-Q sees the way to series B round
The Google-backed chain of eye hospitals has raised additional funding, from venture capital investors Helion and Nexus and is looking to expand.
Tata Opportunities Fund reaches $550m
Tata Capital has closed the second round of its Opportunities Fund, with the fund reaching $550m.
Light Sciences cuts back
Corporate-backed medical research firm Light Sciences Oncology will reportedly be making cuts after one of its treatments failed in a clinical trial.
Mocospace in the right location for Geocade
Mobile entertainment platform MocoSpace has acquired social games platform Geocade, and plans to incorporate its location-based capabilities into its games.
ImThera wakes up to Cyberonics
Early-stage medical device company ImThera has obtained $4m from medical research company Cyberonics.
Agios and Celgene broaden their partnership
The strategic agreement has been extended from three years to four, with biomedical company Celgene providing additional equity to cancer metabolic researcher Agios.
SAP invests $10m in One97
Intel Capital-backed mobile internet company One97 has raised $10m in series C funding from SAP Ventures.
Microstim takes heart with German backers
Germany-based medical technology company Microstim secured series A funding worth €1.5m ($2m) on Thursday from a pool of Germany-based investors including federal state fund Technologiefonds MV, the corporate-backed venture capital fund High-Tech Gründerfonds and Fides Finanz-Invest, a division of the Jasika property group. High-Tech Gründerfonds previously supplied seed financing to Microstim in February 2009, investing… Continue reading Microstim takes heart with German backers
Benefex becomes first BGF beneficiary
The Business Growth Fund has made its first investment, funding the UK rewards and benefits company Benefex.
Contour powers beyond $20m
The portable power company has closed its series C funding with the SBI Jeffries Asia Fund partnership and EDBI joining existing investors including Schlumberger.