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Page 430
Remgro powers into Ad Dynamo
Remgro's Invenfin corporate venturing unit will help Ad Dynamo with its international expansion having previously provided the seed round, according to news provider Memeburn.
Jan 25, 2011Indiamart eyes further funding
Indiamart, which was founded in 1998, previously raised $10m from Intel Capital, the corporate venturing unit of US-listed semiconductor company Intel, in 2008 by selling a 14% stake and $3.4m in return for about 5% stake from Brand Equity Treaty the year before.
Jan 23, 2011Amazon buys Lovefilm
News provider Wall Street Journal said Amazon valued Lovefilm at about $320m but the cost of acquisition was offset by its 42% holding.
Jan 21, 2011Bitway reads up on Intel's investment
News provider Nikkei said Intel's Japanese unit would help develop software and provide other technical support for the e-book store, which will open early next month after Intel Capital invested an undisclosed amount for its minority stake in Bitway.
Jan 21, 2011Sawari agrees first two deals
Backed by Naguib Sawiris, the entrepreneur behind the Orascom group, Sawari will invest in early- and growth-stage technology companies in the Middle East, such as its first two deals, Alzwad Mobile Services and Vimov.
Jan 20, 2011LivingSocial gets a bonus
The acquisition of Spain-based peer Let's Bonus for an undisclosed amount makes LivingSocial active in 10 countries with more than 16 million subscribers providing an expected $500m in turnover this year.
Jan 14, 2011Hearst takes seat at VillageVines
Venture capital firms GrandBanks Capital and High Peaks Venture Partners joined Hearst in the $3m series A round consortium for VillageVines, after the company raised an initial $750,000 round of seed funding from business angels.
Jan 12, 2011Mail.ru misses Groupon's $950m round
Mail.ru had been a prior investor in Group alongside its former parent Digital Sky Technologies (DST) before its UK listing in November. However, while DST has reinvested in the $950m round, Mail.ru has not, Groupon said.
Jan 12, 2011Best Buy sleeps easy after Zeo round
Zeo's regulatory filing said it planned a $15.4m round but gains $12.3m from consortium including Best Buy.
Jan 9, 2011Wal-Mart backs $500m round for 360buy
Started in 2004 by Qiangdong Liu, 360Buy has been growing at 300% per year and has raised $500m from investors, including US supermarket chain Wal-Mart.
Dec 30, 2010About us
GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits the GCV Leadership Society, providing privileged access to all our services and resources.
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