GCT, which counts fellow semiconductor companies Samsung, National and Pericom among its investors, will go public but the price is still to be set.
Author: Robert Lavine
InMobi gets a large deposit from Softbank
India-based mobile advertising company InMobi raised $200m of series C funding earlier this week from Japan-based internet and telecommunications conglomerate Softbank. The investment will be made in two tranches of $100m, the first coming this month with the second scheduled for April 2012. Prior to Softbank’s involvement, venture capital firms Kleiner Perkins Caufield & Byers… Continue reading InMobi gets a large deposit from Softbank
GE launches anti-cancer challenge
GE Healthcare and a selection of VC firms have put aside up to $100m in funding for companies with innovative ideas to combat breast cancer.
Living Social eats with Whole Foods
Whole Foods Market is the latest large company to team up with Amazon-backed Living Social, which recently secured another large tranche of funding.
Ooyala calls Motorola Mobility
US-based mobile devices manufacturer Motorola Mobility invested an undisclosed amount in US-based online video platform Ooyala on Tuesday through its corporate venturing unit, Motorola Mobility Ventures. Motorola Mobility was originally de-merged from telecommunications multinational Motorola in January, but last month Google agreed to acquire the company for $12.5bn, subject to regulatory approval. Ooyala picked up… Continue reading Ooyala calls Motorola Mobility
Zhenai meets its Match
Multinational dating website Match.com has established a toehold in the Chinese market by acquiring a stake in the dating and matchmaking service.
Current gets up to date with investors
Current, which leases its technology to utilities companies, has secured funding from some new corporate backers.
Breeze picks up for Boulder Wind Power
Molycorp has provided the wind energy company with a substantial amount of series B investment alongside existing investor NEA.
CrunchFund gets motoring with Getaround
US-based online car rental service Getaround closed $3.4m in seed funding on Monday, becoming the first recipient of funding from CrunchFund, the corporate venturing fund backed by US-based media and internet services company AOL and managed by Michael Arrington, the ex-editor of technology-based business website TechCrunch. Also taking part in the round were venture capital… Continue reading CrunchFund gets motoring with Getaround
Zawatt gets its wish granted
The newly-founded app development start-up has secured seed financing from Net Capital Partners and a selection of angels.
VideoIQ takes intelligent route to funding
US-based video surveillance technology company VideoIQ secured $7.5m in series C funding on Monday as consumer electronics conglomerate Cisco joined existing backers in investing. The other investors in the round were venture capital firms Atlas Venture, Matrix Partners and Tenaya Capital. VideoIQ obtained $6m in funding in January 2010 with Tenaya making its investment under… Continue reading VideoIQ takes intelligent route to funding
Orphazyme proves clinical in securing capital
Denmark-based biopharmaceutical company Orphazyme closed its series A round of funding on the 7th of September, raising €14m ($19.2m). The round was funded by Novo Ventures, the corporate venturing unit of Denmark-based healthcare company Novo, and venture capital firms Aescap Ventures and Sunstone Capital. Novo A/S acts as the holding company for its parent corporation,… Continue reading Orphazyme proves clinical in securing capital
Intel buys stake in Dealmates
Malaysia-based group buying website Dealmates received an undisclosed amount of investment from Intel Capital on Thursday, subject to the completion of closing conditions. The investment marks the first significant outside funding obtained by Dealmates since it was founded in January. Founded as a joint venture between Asia-based investment group Catcha and online marketing company Mind… Continue reading Intel buys stake in Dealmates
Syngenta to brighten Illumitex’s future
US-base light-emitting diode (LED) product developer Illumitex entered into a strategic agreement with Switzerland-based agribusiness corporation Syngenta last week. Syngenta Ventures, the corporate venturing division of Syngenta, will contribute to Illumitex’s latest round of funding as part of the agreement. The news followed a strategic alliance agreement Illumitex signed with the Australia-based Gerard Lighting Group… Continue reading Syngenta to brighten Illumitex’s future