Strategic investors are set to help their Indian mobile services portfolio company One97 float to raise money to buy more telecoms equipment.
Category: News
TSMC backs China venture fund
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chip maker, has agreed to invest $5m to start a venture capital company in Shanghai, China.
Peacock’s Rubicon crossed with SiteScout deal
Rubicon Project, a US-based provider of an internet advertising platform backed by strategic investor NBC, has acquired SiteScout, a Seattle-based provider of software security technology.
Safeguard backs Swaptree.com funding
Safeguard Scientifics, a medical technology company, has led the $6m funding for Swaptree.com, a US-based operator of an online goods exchange service.
Strategic investor gambles on Gaikai games
An undisclosed strategic backer has joined venture capital firms in backing Gaikai, a US-based provider of an internet-hosted video games, in its second round of funding.
Russia’s ‘Silicon Valley’ takes shape with US venture capital support
US-based venture capital firms have joined interest from strategic investors Cisco and Nokia in providing initial support for the creation of a Russian ‘Silicon Valley’ based outside Moscow. California-based Silicon Valley is home to many of the world’s largest independent VC funds and Russia has promised "unprecedented privileges" to the creation of its own version… Continue reading Russia’s ‘Silicon Valley’ takes shape with US venture capital support
Physic Ventures replaces In-Q-Tel for T2 latest funding
Corporate venturing fund Physic Ventures has led a $15m third round of financing for T2 Biosystems, a US-based developer of portable medical diagnostic products, after the US government’s Central Intelligence Agency publicly dropped out of the series C round.
McAfee buys Trust Digital
New York-listed software company McAfee has agreed to acquire corporate venturing-backed Trust Digital, a US-based provider of smartphone services.
Siemens shoots for Wirescan score
Siemens Venture Capital, the corporate venturing arm of Germany-based conglomerate Siemens, has co-led the initial external investment in Wirescan, a Norway-based company founded in 2005 to inspect power cables.
Novo returns to Funxional deal
Denmark-based medical foundation Novo, which invests $300m a year through its corporate venturing fund, has reinvested in Funxional Therapeutics’ second round of funding.
Ascension second to Phreesia investment summit
Ascension Health Ventures, the $200m venture investment division of US medical company Ascension Health, has become the second corporate venturing unit to back Phreesia, a US-based provider of software for the doctor’s waiting room. Ascension led the $16m series D round for Phreesia, along with the company’s previous investors. BlueCross BlueShield Venture Partners, a $116m… Continue reading Ascension second to Phreesia investment summit
Oclaro leads ClariPhy funding
Strategic investors have backed US-based telecoms equipment company ClariPhy Communications’ $24m of third round funding. Nasdaq-listed equipment making peer Oclaro led the series C round for ClariPhy, and said it invested $7.5m. The remainder of the C round came from undisclosed strategic investors and its existing venture capital backers Norwest Venture Partners, Allegis Capital, Onset… Continue reading Oclaro leads ClariPhy funding