
NSN said it would continue to support the M2M activities of Cumulocity.
CyberAgent said it would help FashionGuide expand into Japan, China, Southeast Asian countries and South Korea.
Foundation has committed up to $500,000 to advance this research and development to MentiNova.
Media entrepreneurs Sharad Devarajan, Gotham Chopra and Suresh Seetharaman launched Graphic India as a subsidiary of US comic book company Liquid Comics, which will retain a stake.
In November, the Optus-Innov8 Seed Program made its first round of investments in 121cast (alongside venture capital firm Adventure Capital) and Venuemob (alongside Sydney Angels network).
The round was led by IA Ventures, according to news provider TechCrunch, with backing from venture firms RRE Ventures, Contour, FF Venture Capital, and angel investment from both David Cohen and David Tisch of TechStars. The company has also received backing from KBS+ Ventures.
Intertrust Technologies Corporation is joined in the round by private investors including Fredrik Astrup, Lars Erik Baustad, Marek Kiisa and Ivar Siimar.