Nasdaq-listed Harmonic has agreed to buy data storage provider Omneon for $274m and give a windfall to its corporate venture backer after failing to float.
Category: Sectors
Acton raises €150m debut fund
Germany-based Acton Capital Partners, an independent venture capital firm that previously ran the corporate venturing unit of local publishing company Hubert Burda Media, has closed it’s debut fund at €150m ($184.9m). Acton is focused on internet and mobile-based consumer-oriented businesses and retains Hubert Burda as a limited partner in its new fund and continues to… Continue reading Acton raises €150m debut fund
Medtronic-backed CardioMems raises $37.9m
CardioMems, a developer of wireless medical pressure sensors previously backed by US-based healthcare company Medtronic, has raised $37.9m in its seventh round of funding.
Genacast reinvests in Demdex
Genacast Ventures, a corporate venturing affiliate of telecoms company Comcast’s Interactive Capital division, has reinvested in Demdex, a New York-based online audience monitoring business.
Serial leader Ragavan to lead Actelis
Vivek Ragavan, a serial chief executive of telecoms equipment companies, has joined another corporate venture-backed company, Actelis Networks.
Peacock struts its cash with Healthline call
The $250m Peacock Equity Fund has reinvested in Healthline Networks as part of a $14m series C round following the portfolio company’s rapid growth in signing up partners.
BlackBerry fund agrees Aepona investment
BlackBerry Partners Fund, a $150m venture capital fund backed by three Canada-listed companies, has made its eighth investment in the two years since its launch by leading a $10m round for Aepona.
Google teams with WPP on Invidi funding
Google has teamed up with advertising and marketing company WPP’s portfolio company again with its in-house venture capital division backing the fourth round of funding for Invidi Technologies Corp.
Wintegra looks for win-win in its IPO
Strong corporate backing for Israel and US-based computer processor company Wintegra is expected to lead to its flotation at the second time of asking.
Innovacom and Summerhill return for Vantrix’s series C
Telecoms-focused corporate venture units have backed Vantrix’s $14m third round funding to take advantage of the expected growth in video over mobile phones over the next five years.
J&J links with De Novo for Astute deal
Johnson & Johnson Development Corporation, the in-house venture arm of the US-based consumer and medical goods maker, has linked up again with venture capital firm De Novo Ventures and joined the second round of financing for Astute Medical, a San Diego-based medical diagnostics company focused on high-risk conditions.
J&J links with De Novo for Astute deal
Johnson & Johnson Development Corporation, the in-house venture arm of the US-based consumer and medical goods maker, has linked up again with venture capital firm De Novo Ventures and joined the second round of financing for Astute Medical, a San Diego-based medical diagnostics company focused on high-risk conditions. Astute raised $26.5m in series B… Continue reading J&J links with De Novo for Astute deal
Investors do not blink about Think’s funding
After twice falling into bankruptcy, Think Global, a Norwegian electric-car maker, has raised a further $40m from venture capitalists and corporate venturers in what the company hopes will be its final funding round until it turns cashflow positive next year.
T-Venture backs The Band acquisition
Delivery Agent, a T-Venture-backed provider of entertainment shopping channels, has acquired interactive media agency The Band.