Germanyquote of the day

“Readmill’s story ends here. Many challenges in the world of ebooks remain unsolved, and we failed to create a sustainable platform for reading. For this, we’re deeply sorry. We considered every option before making the difficult decision to end the product that brought us together“. Henrik Berggren, David Kjelkerud, & the Readmill team, explained in […]

USA

Intel Corporation (Nasdaq: INTC.O) has made a “significant” equity investment in Cloudera, a Palo Alto, CA-based provider of enterprise analytic data management platform powered by Apache Hadoop™. The investment, which followed a just announced $160m financing (read here), made Intel Cloudera’s largest strategic shareholder and a member of its board of directors. The two companies […]

Start Upventure capital

According to global technology research firm ON World, $3.4 billion has been invested in wireless smart object startups to accelerate growth for Internet of Things (IoT) markets. In details, there are four major investable categories for wireless Internet of Things companies: 1) Wireless Sensor Network Components and Enabling Technologies More than two dozen wireless sensor […]

fundingStart UpUKventure capital

Grapeshot, a a New York and London, UK-based digital advertising technology company specializing in keyword contextual targeting, completed a $3.3m funding round. The round was led by new investor Albion Ventures, with participation from existing investors IQ Capital and current Grapeshot Chairman Tim Schoonmaker. In conjunction with the funding, Robert Whitby-Smith joined Grapeshot’s Board of Directors. […]

fundingStart UpSwedenventure capital

Lookback, a Sweden-based platform for analyzing user experiences via video testimonials all captured directly on mobile devices, raised $2.2m in seed funding. The round was led by European investor Lakestar, with participation from Index Ventures and angel investments from and Ilya Sukhar, co-founder of Parse. The company intends to use the funds to expand the […]

fundingItalyStart Upventure capital

According to multiple reports, WIB, a Palermo, Italy-based vending machine startup, raised €750k in funding. Backers included Vertis Sgr and RedSeed Ventures and several unnamed angels, which acquired a total 40% stake in WIB. The company intends to use the funds to manufacture its machines and expand marketing efforts. Co-founded in 2013 by CEO Nino […]

fundingStart UpUKventure capital

LoopMe, a London, UK-based provider of social mobile advertising platform, closed a $3m funding round. Backers included Holtzbrinck Ventures, Open Ocean Capital and Kristian Segerstrale. The company intends to use the funds to accelerate recruitment, expand in the US and Asia, and continue to develop proprietary artificial intelligence and social discovery technology. Led by Stephen Upstone (CEO) […]

Mergers and AcquisitionsStart UpUSA

Intel Corporation (NASDAQ: INTC) completed the acquisition of Basis Science Inc., a San Francisco, CA-based developer of wearable device technologies for health and wellness applications. The financial terms of the deal were not disclosed. Led by Jef Holove, now a general manager in Intel’s New Devices Group, Basis Science is the creator of the Basis band, […]

fundingStart UpUSA

ShareTracker, a Ashland, Mo.-based provider of communications and telecom market share measurement products, has received an investment from RLJ Credit Opportunity Fund. The amount of the transaction was not disclosed. Formed in 2003, ShareTracker provides market and flow share measurement products to the communications industry. The company has more than 25 employees in offices across the […]

AustraliafundingStart Upventure capital

OneVentures, an Australian venture capital firm, has launched its second fund seeking to raise $100m from institutional investors and high net worth individuals over the next 12 months. OneVentures Innovation and Growth Fund II will focus on emerging Australian companies with global ambitions across healthcare, education, mobile, media, cloud computing and data, security and privacy, […]