New York City-based SeedStart Media 2011 is a summer programme for start-up companies in digital content, e-commerce, advertising infrastructure and mobile technology.
Category: Deals
Bonds.com gains $10m
News provider Advanced Trading said venture capital firm Oak Investment Partners and financial services firm GFI Group had invested $6.5m in Bonds.com.
Motorola Mobility plays Moblyng
Harshul Sanghi, managing director of Motorola Mobility Ventures, said: “Moblyng was an early adopter of Android and is an industry leader in using HTML5 to bring cross-platform social gaming experiences to mobile devices.”
China sparks Amprius funding power
IPV Capital and Qian Neng Fund emerge from China to back US-based Amprius.
Reinet calls out for Yola
Yola, formerly known as Synthasite, has raised $25m from Reinet, according to its Facebook page.
Overture works for Hatteras Networks
The combined company will operate as Overture Networks.
Teradata stores portfolio company
Teradata acquired 11% of Aster Data Systems in September, and has agreed to pay an additional $263m for the remaining ownership interest, net of debt and other expenses and including $21m in cash on its book.
ArcelorMittal backs Powerit
Family office Black Coral Capital led the round for Powerit Solutions with a consortium including Germany-based conglomerate Siemens, steel company ArcelorMittal’s Clean Technology Fund, and venture capital firms @Ventures and Expansion Capital Partners.
Genomatica causes funding reaction
Bright Capital, the corporate venturing unit of Russia-based industrial conglomerate Ru-Com Group, and US-listed transport company Waste Management are the two corporations in Genomatica’s $45m round.
Optima snaps up its daily deal
Optima Ventures has set up Optima E-Commerce to invest in Octagon Commerce, which now owns the 1SaleADay.com daily deal website and its subsidiaries with 1.5 million customers.
ZBD displays $36m round
Alongside Dow Venture Capital in the round are an undisclosed hedge fund, secondaries investor Coller Capital and venture capital firms DFJ Esprit (after its merger with Prelude), Cody Gate Ventures (which is part-funded by Coller) and TTP Ventures.
Mérieux and Shire back NeuroPhage
NeuroPhage Pharmaceuticals, a US-based developer of drugs for Alzheimer’s disease, has raised $12.4m in its series B round led by Mérieux Développement, the quasi-corporate venturing unit of France-based holding company Institut Mérieux. Ireland-based drugs group Shire also participated in the round, while its $7m A round angel investors also reinvested in the company treating plaques… Continue reading Mérieux and Shire back NeuroPhage
Verizon backs BL Healthcare
Verizon Ventures provided the undisclosed amount of funding to BL Healthcare’s most recent financing round after the company raised $2.9m in 2009’s series A round, according to its regulatory filing.
GE backs 1366 Technologies
1366 said it had raised $28.4m in total by adding GE Energy Financial Services, a division of US-listed industrial conglomerate General Electric, and venture capital (VC) firm VantagePoint Venture Partners to its previous consortium.