Ecommerce delivery company Kiala has been acquired by UPS, granting an exit to investors including the corporate venturing fund for France-based postal company La Poste.

Synchrony has filed for a patent to its Innovation Capital method, which says it establishes an "empirically-driven, objective, and sustainable system screening, selecting and measuring the strategic value of corporate venture capital investments".

The Digital London summit will be holding a competition for startups, to be held when the showcase takes place next month.

The Hubert Burda-backed Acton Capital leads the latest round for law practice management company Clio, as it raises $6m.

Service success sets company among the elite.

Service venturing levels take off.

Facebook advertises its returns to corporations,

Retailigence, a US-based company operating a local marketing application that links users and retailers, secures funding from the corporate venturing fund belonging to Motorola Solutions.