Skype, an online phone operator started by entrepreneurs Niklas Zennstrom and Janus Friis, has invested in Rdio. Skype's investment came alongside one of its own original venture capital backers, Mangrove Capital Partners, which is a new investor in Rdio, and Zennstrom and Friis's new investment company Atomico.

KIT Digital makes three acquisitions including Kyte.

Voddler gains $8m from Nokia as corporate venturing partner.

Counsel for aligning interests by taking stakes

Marketing its innovation credentials, WPP uses corporate venturing amid a broader acquisition and development strategy to transition to a digital future.

Lundbeckfond Ventures, the Denmark-based Lundbeck Foundation's life sciences investment entity known as LFI Life Science Investments until November, led the consortium investing $16m in Nexstim.

Having provided $68.5m since 2005 to Dailymotion, investors will sell a portion of their shares to France Telecom.

Started in 2001, SkySails' lead investors are ship financing company Jan Luiken Oltmann Gruppe and marine engine supplier Zeppelin Power Systems as well as DSM Venturing.