News provider Wall Street Journal said Yahoo was “weighing” a Hadoop spin-off potentially backed by venture capital firm Benchmark Capital.
Category: Deals
IDG and Zero2IPO back Fclub
Alongside IDG in the $10m round for Fclub was Zero2IPO Ventures, the venturing unit of China-based data researcher and investment manager Zero2IPO.
Dianping gains $100m
News provider PEDaily said venture capital firms Trust Bridge Partners, Sequoia Capital, Qiming Venture Partners and Lightspeed Venture Partners provided the C round, without Google.
O’Reilly tries on Betabrand
Venture capital firm Morado Ventures also participated in the $1.3m A round, while OATV’s Mark Jacobsen will be joining the Betabrand board.
Cianna Medical gains Novo backing
As part of the $12m B round investment, Heath Lukatch and Tiba Aynechi, a partner and principal in Novo Ventures respectively, join Cianna’s board.
Ipeen raises $1m
CyberAgent Ventures reportedly received up to 20% of iPeen’s shares for investing $1m.
Northgate takes Visible Measures
Venture capital firm Northgate Capital, which is majority funded by India-based industrial conglomerate Religare Enterprises, had led Visible’s $10m series C round in March 2009, which included peers General Catalyst and Mohr Davidow Ventures.
RIM buys Tungle and boosts prize
Canada-based corporate venture-backed BlackBerry Partners Fund and phone maker Research In Motion (RIM) have doubled the prize for its annual Blackberry Developer Challenge to $3m, while one of its fund managers has exited Tungle.
Yandex plans Nasdaq listing
Yandex, a Russia-based search engine formerly backed by Intel Capital, plans to raise $1bn in its Nasdaq stock exchange flotation but with a government block on any takeover of the company. Intel had committed to a fund, Ru-Net, managed by Baring Vostok Private Equity and local bank UFG, which paid $5m for a 35% stake… Continue reading Yandex plans Nasdaq listing
Tate sweetens on BioVittoria
Tate & Lyle now has a 12% equity stake in BioVittoria and the exclusive global marketing and distribution rights for BioVittoria’s monk fruit, to be sold in the US under the PureFruit brand.
SCI conserves backers
In return for selling some equity, SCI has struck a global strategic alliance with semiconductor company Intel and raised more than $19m from General Electric (GE) and venture capital firm Triangle Peak Partners.
Intel tucks into Crisp Media deal
Alongside Intel Capital in the round was venture capital firm Meritage Funds and Singapore state-backed fund EDB Investments (EDBI).
Visa becomes Square’s flexible friend
The strategic corporate venturing investment in Square came 12 months after Visa linked up with DeviceFidelity to launch its version, In2Pay, of Square’s service.
Plateau Software reaches exit summit
SuccessFactors to buy Plateau Software for $290m and give an exit to consortium including GlaxoSmithKline-backed EuclidSR Partners.