Christine Herron joins Intel Capital as a director in its consumer internet team as firm separately backs three more Middle Eastern companies.
Category: Deals
Motorola joins Cleversafe’s cloud
Motorola Ventures part of $31.4m investment consortium for Cleversafe’s C round.
Cisco insured for Polish deal
3TS Cisco Growth Fund will invest up to PLN12m ($4.2m) in Rankomat.pl, Poland’s largest online insurance aggregator.
Comcast calls into ConteXtream B round
Comcast Interactive Capital backs ConteXtream’s $14m series B round.
Google books it stay at HomeAway
Google acquired its stock in HomeAway from its existing shareholders rather than as a primary placement, according to news provider New York Times.
DPoint gains $2.6m in latest round
GreenAngel owns 448,454 shares in dPoint and the latest $2.6m round is at a valuation representing an 87% increase.
WPP invests $5m in Buddy Media
WPP’s Digital subsidiary says it is making the corporate venturing investment in Buddy Media to improve the process by which its clients access Facebook.
Ascension Health climbs Vascular investment peak
Venture capital firm CHL Medical Partners leads B round for Vascular Pathways, a US-based medical device company also backed by Ascension Health Ventures.
Ikea powers up for first deal
Sweden-based home retailer Ikea has made its first deal from its €50m ($70m) clean-tech corporate venturing fund set up in 2008. Ikea GreenTech has invested €2m in local small-scale energy storage company Alelion Batteries. Christian Ehrenborg, managing director of Ikea GreenTech since September last year, said: "We hope to be able to develop small-scale eco-efficient… Continue reading Ikea powers up for first deal
Cisco sings for RingCentral round
RingCentral, formerly known as Winportal Technologies, gains $10m from consortium including Cisco.
Bertelsmann reads Vindicia’s bill
FTV Capital, a financial services-focused venture capital (VC) firm with Visa and Hartford as two of its strategic limited partners, led the E round for Vindicia, which also has Germany-based media group Bertelsmann as an investor.
October exits exceed investments
October might be a month for Halloween but research by Global Corporate Venturing finds a series of large trade sales and flotations of portfolio companies meant it was a time for treats rather than tricks.
MBA Polymers closes $25m round
MBA Polymers, a US-based industrial plastics recycling company, has raised $25m in its latest round.
Broadcom buys T-Venture’s Percello
Broadcom will pay up to $98m for Percello, an Israel-based developer of microchips for boosting mobile signals indoors, including $12m in performance fees.