Intel Capital has provided funding for in-game social communication service Xfire, enabling it to split from Titan Gaming.
Author: Robert Lavine
D2 follows up interest in Affle
D2, part of NTT Docomo, has made a second investment in the Microsoft and Itochu-backed mobile media company Affle.
Silver Lake, DST Global join Alibaba targeting Yahoo!
Microsoft is also reportedly eyeing a bid for the search engine.
AMS, Mitsui help NxThera net $21m
Medical device company NxThera has raised a second round of series B funding from a combination of corporates and venture capital investors.
Tewari joins SAP Ventures
SAP Ventures has appointed Gaurav Tewari, formerly of Highland Capital Partners and various computing multinationals, as a director.
TrueCar speeds along with ALG
US-based real-time automotive marketplace TrueCar completed its acquisition of US-based automotive data consultancy ALG on Tuesday, paying an undisclosed amount to ALG’s former parent company, the automotive retail-based software company DealerTrack Holdings. TrueCar last month raised $200m in debt and equity financing, DealerTrack was among the equity investors, though it did not disclose how much… Continue reading TrueCar speeds along with ALG
Enlighted saves its energy for Intel
US-based lighting control company Enlighted closed a $14.2m round of financing on Tuesday with corporate venturing unit Intel Capital, and venture capital firms Kleiner Perkins Caufield & Byers and Draper Fisher Jurvetson participating. Enlighted’s last round raised $2.1m in January while the firm secured $1.1m in seed funding over the two years prior. Founded in… Continue reading Enlighted saves its energy for Intel
Square circles $140m mark
The mobile payments company has closed two rounds of funding this year with participation from investors including credit card company Visa.
WhoSay speaks Greylock’s language
US-based celebrity media management platform WhoSay secured an undisclosed amount of funding from venture capital firm Greylock Partners on Monday. Online retailer Amazon and venture capital firm High Peak Ventures are among WhoSay’s existing investors. WhoSay closed its series A round, in June 2010, having raised $2.4m. WhoSay, which was co-founded by entertainment and sports agency… Continue reading WhoSay speaks Greylock’s language
Inventages backs Phagenesis
UK-based pharmaceutical company Phagenesis closed its €7m ($9.3m) of series B funding yesterday with Inventages, a life sciences firm backed by Switzerland-based food and nutrition corporation Nestlé, leading the round. Founded in 2007 after it span off from research performed at the University of Manchester, Phagenesis raised £2m ($3.1m) in a September 2010 series A… Continue reading Inventages backs Phagenesis
Creabilis’ prayers answered with Abbott’s help
Luxembourg-based biotechnology company Creabilis Therapeutics secured €15m ($20m) on Tuesday in a series B round led by Abbott Biotech Ventures, the corporate venturing unit for healthcare company Abbott Laboratories. Abbott was joined by investment firm Neomed, venture capital firm Sofinnova Partners and unnamed private investors. Sofinnova and Neomed previously backed Creabilis’ €20m series A round… Continue reading Creabilis’ prayers answered with Abbott’s help
Rhapsody for Napster as Best Buy sells
Rhapsody will acquire its iconic competitor Napster from Best Buy with the tech retailer taking shares in Rhapsody as part of the deal.
Ellaktor in metal exit, Goldman eyes LME gold
Greece-based construction group Ellaktor sells stake in European Goldfields while Goldman Sachs reportedly could soon see its stakebuilding in the London Metal Exchange pay off.
Alibaba eyes Yahoo! bid
Yahoo!, which already owns a large minority stake in Alibaba, reportedly is a target for the China-based e-commerce company.