publisher International Data Group’s China-based corporate venturing unit floats Qihoo 360 Technology with first day pop and raises two funds.
Category: Deals
RPO files for protection
News provider VentureWire said RPO’s bankruptcy filing came after a potential customer pulled out of an order.
Txteagle soars to $8.5m A round
Txteagle has deals with 220 phone carriers in nearly 100 countries and so has 2.1 billion consumers in its database.
Lieferheld chews on German funding
$5m for Lieferheld.
Sequans updates flotation plans
Sequans will offer 9.17 million American Depositary Shares (ADSs), representing an ordinary share and being sold for $11 to $13 each.
Cisco plans 21Vianet flotation
21Vianet plans to issue 11.5 million American depositary shares (ADSs), each representing six class A ordinary shares, according to its regulatory filing.
Rocket Fuel takes off with $6.6m
In September mobile phone maker Nokia’s corporate venturing division led the previous $10m series B round for Rocket Fuel, and was joined by Northgate, Mohr Davidow and Labrador.
Me2me raises $2.3m
Swisscom’s corporate venturing unit Swisscom Ventures has invested in Me2me’s A round, along with local bank Credit Suisse’s SFr100m SVC – Ltd. for Risk Capital for SMEs fund set up in June, and local industrial conglomerate Beelk.
GoldSpot Media gains $12m
Berg Enterprises backs GoldSpot Media, a US-based video advertising services company.
WPP finds its Vice Media
Sir Martin Sorrell, chief executive of WPP, said: “WPP is investing in Vice to further develop our content capabilities, particularly in new media and among the youth consumer segments. It’s also an opportunity to work closely with Tom Freston and Ari Emanuel and his WME talent agency.”
LivingSocial takes funding to $600m
The company has raised $400m from an undisclosed mix of new and existing public and private investors, compared to $950m raised by peer Groupon earlier this year.
BoSci thinks of Intelect Medical exit
Intelect Medical is developing technologies for deep brain stimulation (DBS) therapy and Boston Scientific (BoSci) values the target at $78m.
Axel Springer jumps on Kaufda
Two German corporate venturing units, eVenture and T-Venture, which are sponsored by local retailer Otto Group and phone operator Deutsche Telekom respectively, had backed Kaufda, which is sold to Germany-based media group Axel Springer.
Dashwire finds its Best Buy
Best Buy Capital backs US-based mobile phone sales service Dashwire.