Verizon and salesforce.com backed iOS push technology developers Urban Airship concludes $25m Series D round. The round was led by August Capital with contributions from others. The funds will be used to expand the workforce for accelerated product development.
Author: Sida Liu
InComm Acquires Giftango
Prepaid service and transaction provider InComm has acquired Taylor Corporation-backed Giftango, an e-delivery provider for retail gift cards.
Skilled Care Pharmacy gains Link-Age
Link-Age, a US group backed by several non profit assisted living centres, has invested in senior citizen focused pharmaceutical retailer Skilled Care Pharmacy in return for an equity stake.
Akamai Technologies buys Verivue
Digital content delivery service Akamai Technologies buys Comcast Interactive Capital and Arris Group-backed Verivue, in a cash deal aimed at improving service quality and development times.
Globe Telecom invests $100,000 in Kalibrr
Globe Telecom invests $100,000 in Kalibrr, a startup aimed at capitalising on growth in the Philippines’s offshore outsourcing sector.
YY begins NASDAQ IPO
Chinese social media firm YY begins IPO on the NASDAQ Stock Exchange. The share prices rose 7.7% after the first day of trading.
O’Reilly AlphaTech raises $85m fund
O’Reilly AlphaTech Ventures, which is corporate venturing-backed by O’Reilly Media, secures $85m fund for future investments.
Innovent scoops up $25m
US Pharmaceutical corporation Eli Lilly and financial services provider Fidelity Investments, invested $25m in the expanding Chinese bioscience manufacturer Innovent Biologics.
VuClip secures $13m
The Asia-based mobile video streaming company wins backing of SingTel Innov8.
Sunovion Pharmaceuticals buy Elevation for $100m upfront
Elevation, which is backed by quasi-corporate venturing unit Novo Ventures, could receive further payments of up to $240m should it meet product development milestones.
SAP invests in High-Tech Gründerfonds
Germany-based enterprise software company SAP has invested an undisclosed amount in one of two private equity funds run by Germany corporate-backed state venture fund High-Tech Gründerfonds (HTGF). High-Tech Gründerfonds is public private partnership firm with German government sponsored investors such as the Federal Ministry of Economics and Technology, and the state run KfW Banking Group. Corporate… Continue reading SAP invests in High-Tech Gründerfonds
Intrexon makes splash at AquaBounty
Intrexon sees future in genetically modified (GM) animal produce, buys 48% stake in genetically modified fish research firm Aquabounty from firm of Georgian ex-scientist turned oligarch with plans to become supermajority stakeholder.
Prism Skylabs captures $7.5m
Prism Skylabs and investors raise funds to monitor shoppers.
Raine Group leads venture round for two startups
Raine Group leads two US startups through late stage venture rounds as it oversees Japanese telecommunications giant Softbank’s takeover of Sprint Nextel.