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Page 172

Ambit halts public for private funding

Alan Lewis, executive president of Ambit, said: "Our existing investors have reaffirmed their confidence in the company, providing us with sufficient funding [$30m] to pursue our strategy and enabling us to withdraw our plans for an initial public offering."

Jun 13, 2011

CNF smooths funding lines for Revance

Venture capital firm Essex Woodlands Health Ventures led the $45m round for Revance Therapeutics, which also included CNF Investments and others.

Jun 13, 2011

Alliance Health Networks calls for Physic

Andy Donner, a director at Physic Ventures in San Francisco, will join Alliance's board and said: "We were attracted to Alliance Health because they are helping to create and foster a culture of consumer-directed health and wellness."

Jun 3, 2011

SAP leads way into OpenX

Alongside SAP Ventures in OpenX's $20m D round are AOL Ventures, the corporate venturing unit of internet services provider AOL, Japan-based financial services group Mitsui, Presidio Ventures, which invests on behalf of Japanese conglomerate Sumitomo and venture capital firms Accel Partners, DAG Ventures and Index Ventures.

Jun 1, 2011

Lowe's reaches sky for Sungevity

Andrew Birch, chief executive of Sungevity, said: "I am thrilled about the potential of reaching Lowe's 15 million weekly customers at their more than 1,750 retail locations, with Sungevity's services."

May 27, 2011

Google ends search with a Kabam

Joe Kraus, partner at Google Ventures, will join Kabam's board after co-leading an $85m round for the social games developer.

May 27, 2011

Nokia makes faster call with Quikr

Quikr has raised about $19m since it launched with the latest round led by led by Nokia Growth Partners.

May 14, 2011

Cisco finds way back to Mashery

In February last year, Mashery raised $5.5m in its series C round from Cisco and others, and has now added $11m.

May 9, 2011

Dianping gains $100m

News provider PEDaily said venture capital firms Trust Bridge Partners, Sequoia Capital, Qiming Venture Partners and Lightspeed Venture Partners provided the C round, without Google.

May 1, 2011

Northgate takes Visible Measures

Venture capital firm Northgate Capital, which is majority funded by India-based industrial conglomerate Religare Enterprises, had led Visible's $10m series C round in March 2009, which included peers General Catalyst and Mohr Davidow Ventures.

May 1, 2011

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