Venture capital firm Sutter Hill Ventures led the $10m round for Demandbase, and was joined by peers Sigma Partners and Altos Ventures, as well as Adobe.
Category: Deals
Varian enters Augmenix
Augmenix was founded by Incept, a holding company set up by Amar Sawhney and Fred Khosravi to hold the patents on water-based gels, in 2008.
Fisker hits further $100m
Fisker Automotive, which plans to build luxury hybrid electric and fossil fuel cars in the US and has battery maker A123 Systems on its board, has raised $100m of a planned $174.9m round
Yahoo sees share price fall
On Wednesday, Yahoo told the US regulator that Alibaba transferred its ownership of payments system Alipay to a new company controlled by Alibaba chief executive and co-founder Jack Ma.
ICICI snacks on Devyani
Devyani runs KFC, Pizza Hut and Costa Coffee franchises in India (and recently in Nepal, pictured,) and news provider Economic Times said it planned to float by 2013, although these plans had been mooted five years earlier.
Religare sails to Mauritius
Religare takes 40% of asset manager IPRO.
Nokia makes faster call with Quikr
Quikr has raised about $19m since it launched with the latest round led by led by Nokia Growth Partners.
Shutl delivers for strategic buyer
The corporate venturing investor has bought less than a tenth of Shutl, according to news provider Daily Telegraph.
ReVolt charges up with $3m
ReVolt Technology, a Germany-based developer of rechargeable batteries backed by German energy company RWE’s corporate venturing unit, has extended its series B round by €2m ($2.9m) from undisclosed investors. The company, which in October moved its headquarters from Switzerland, has also gained €21m in grants, loans, tax credits, subsidized loans and other financing incentives to… Continue reading ReVolt charges up with $3m
Funzio plays with $20m
IDG Ventures (San Francisco) and IDG Capital Partners (China), two corporate venturing units of US publisher International Data Group, co-led the round for Funzio.
Softbank finds gold in Gilt Groupe
In addition to providing $62.5m, Softbank is providing Gilt Groupe Japan, which started in March 2009 and has more than 600,000 members, with cash, services and intangible property to establish a joint venture between the two companies in return for a 50% stake.
Explorys scopes out $11.5m round
Venture capital firms Austin Ventures and Foundation Medical Partners, which has a strategic limited partnership affiliation with Cleveland Clinic, co-led the C round for Explorys.
Naurex raises $18m A round
H Lundbeck, Takeda Pharmaceutical and Shire back Naurex.
CardioDx closes on $60m
Venture capital (VC) firms Longitude Capital, Acadia Woods Partners, Artiman Ventures, investment bank JP Morgan, and Bright Capital, the corporate venturing unit of Russia-based industrial conglomerate Ru-Com Group, participated in the CardioDx round as new investors.