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Page 146

Michigan's Renaissance raises $60m

The fund of funds run by Business Leaders for Michigan secures funding from corporates including Amway, DTE Energy, Blue Cross Blue Shield of Michigan and La-Z-Boy.

May 10, 2012

Google to roll out red carpet for Machinima

Google eyes $30m investment in the movie-style gaming company at a $190m valuation, as Google Ventures-backed location-based mobile app company Echoecho raises $750,000.

May 10, 2012

Pacific Light blazes to $3m

The lighting company, which uses technology spun-off from failed Intel Capital-backed solar company SpectraWatt, raises $3m.

May 9, 2012

Citrix accelerator secures second exit

Drumbi, which the accelerator backed in August last year, has secured a $2m A round.

May 9, 2012

Points rewards Sweet Tooth

Loyalty software company Points International is joined backing another loyalty software developer by the venture unit of Canada pension fund Omers and Mars, an Ontario government fund.

May 9, 2012

Carnegie Speech recruits Musselman

Paul Musselman, formerly of Intel Capital and IBM's corporate development team, takes the top role at the language learning start-up.

May 8, 2012

Custommade fashions $4m

The US-based online marketplace for crafted good is reportedly backed again by Google Ventures in the latest round.

May 7, 2012

Vungle raises $2m

Vungle is at least the third graduate from incubator AngelPad to receive backing from both AOL Ventures and Google Ventures.

May 7, 2012

Signpost points to $3.75m

The Google Ventures-backed local deals company has raised its A round led by Spark Ventures, after sealing seed backing in 2010 from Google Ventures and Spark.

May 3, 2012

High-Tech Gruenderfonds laps up Futalis deal

The Germany-based dog food company is backed in a seed deal, by the state-backed fund supported by industrial groups.

May 2, 2012
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