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Page 196

UCWeb presses start on $20m Indian gaming fund

Alibaba's mobile internet subsidiary is launching the InDev program through its 9Apps app store and will invest in up to 100 India-based game developers.

Apr 22, 2016

GV finds happy Medium for $50m series C

Publishing platform Medium boosted its total funding to more than $130m in a GV-backed round that reportedly valued it at $600m.

Apr 22, 2016

Asahi Shimbun goes native with Somewrite acquisition

Gree's corporate venturing unit will exit native advertising technology developer Somewrite, 18 months after taking part in its $1.1m seed round.

Apr 20, 2016

Baidu Video pops up with $155m

Shanghai New Culture Media has led a funding round for a Baidu spinout that will focus on original video content, while game developer Dalian Zeus has invested approximately $39m.

Apr 20, 2016

Hearst and Verizon make Complex acquisition

The corporates have jointly acquired online media brand Complex, which counted Hearst and Iconix among its investors, for between $250m and $300m.

Apr 19, 2016

Gree forms $12m virtual reality fund

The social media company's GVR Fund features Colopl and Mixi as limited partners, and will invest in virtual, augmented and mixed reality technology startups.

Apr 18, 2016

Backplane goes down after $19m of funding

The Lady Gaga-affiliated social networking company has shut down and sold its assets after raising money from investors including GV, Advance, Coca-Cola and Cirque du Soleil.

Apr 15, 2016

KDDI acquires portfolio company AppBroadcast

AppBroadcast, the owner of several gaming services apps, raised an undisclosed amount in a KDDI-backed round two years ago.

Apr 14, 2016

90 Seconds finds the right time to raise $7.5m

The Opt-backed video production and collaboration platform has raised series A financing from backers including New Zealand-based Sky TV.

Apr 13, 2016
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