SingTel Innov8’s investment in energy management software company Sentilla takes its overall funding to more than $15m.
Author: Robert Lavine
Plimus journey ends at Great Hill
Susquehanna-backed e-commerce platform Plimus sells to private equity firm Great Hill for a nine figure sum ten years after it was founded.
Philo reacts enthusiastically to Local Response
Local Reponse, which is backed by Blackberry, Qualcomm and Verizon, has expanded its social network-based advertising model by acquiring the TV-oriented Philo.
Google Ventures learns to love Airy Labs
The social gaming start-up becomes the latest online company to get funding from Google.
Dow Chemical aims with Primet Precision
Previously backed by Morgan Stanley, Primet becomes the latest clean-tech company to garner investment from Dow Chemical.
MediaTek pays for Spice Digital’s taste
The semiconductor maker adds to its investment in Asia with a step into the Indian mobile market.
Solvay lights the way forward for Plextronics
Belgium-based chemicals conglomerate Solvay has invested $15m in the US-based organic lighting company Plextronics, making Solvay its largest minority shareholder. Solvay had previously invested in two other Plextronics rounds Solvay led Plextronics’ latest round, which raised $14m in August 2009, and was the largest investor in the first close of its series B round, contributing $10m… Continue reading Solvay lights the way forward for Plextronics
Act-On snaps up Marketbright’s assets
US-based cloud marketing company Act-On software has acquired the assets of US-based e-marketing automation company Marketbright. Act-On completed a series C round of funding in June, raising $10m from investors including US-based consumer electronics conglomerate Cisco Systems. The round was led by Trinity Ventures and also participated in by fellow US-based venture capital firms U.S.… Continue reading Act-On snaps up Marketbright’s assets
T-Venture provides Veliq with capital boost
T-Venture, the venture capital division of Germany-based telecommunications company Deutsche Telekom, has invested in Netherlands-based mobile devices management company Veliq. The amount invested was undisclosed but was described in a T-Venture press release as ‘several million euros’. Veliq is the second Netherlands-based company T-Venture haw funded, after acquiring a minority stake in medical database provider… Continue reading T-Venture provides Veliq with capital boost
Acton Capital backs Bueroservice24
The Hubert Burda-backed investor joins Germany-based business network company Wolfman Holding as a backer of the virtual office provider.
Novartis-backed Viamet given government boost
The pharmaceuticals firm, backed by industry giants Novartis, Eli Lilly and Astellas, will receive further funding from the US government to jointly develop one of its compounds.
GM Ventures shines on Sunlogics with $7.5m
General Motors (GM) Ventures, the corporate venturing division of the US-based automotive conglomerate, has invested $7.5m in US-based solar energy company Sunlogics. Sunlogics was acquired by the US-based publicly traded green energy company Salamon Group, in May. The deal follows GM Ventures’ investment in a clutch of environmental energy-based firms, including US-based cleantech companies Sakti3,… Continue reading GM Ventures shines on Sunlogics with $7.5m
L Capital Asia savours Genesis Luxury
L Capital Asia, part of the corporate venturing unit of France-based luxury consumer goods conglomerate LVMH, has acquired a 25.5% stake in India-based fashion distributor Genesis Luxury for an undisclosed sum. Based in Singapore and India, the Asian branch of L Capital is equipped with $640m of capital, and has largely invested in Hong Kong… Continue reading L Capital Asia savours Genesis Luxury
IDG speaking Smartling’s language
Smartling has raised $10m in its series B round and plans to invest the money in expanding its web translation service.