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Page 375
Salesforce pumps up ServiceMax
ServiceMax, a provider of mobile field service applications formerly known as Maxplore Technologies, has raised $14m in its series C round from a consortium including online software group Salesforce.com.
Jun 13, 2011Google eyes AdMeld
News provider TechCrunch said Google was in negotiations to buy AdMeld for $400m after its $150m to $200m offer in February last year was rejected.
Jun 13, 2011Foley & Lardner sets up fund
More than 70 of Foley's 350 legal partners have committed to the $4m corporate venturing fund, which will be drawn down over two years.
Jun 4, 2011SAP 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, 2011MerchantCircle finds its Reply
The combined business, called Reply, estimated revenues of more than $100m next year.
May 27, 2011Tesco hears the word on BzzAgent
IDG Ventures Boston, the corporate venturing unit of US-based publisher International Data Group before it became independent and renamed Flybridge, and venture capital firm General Catalyst Partners invested $13.75m in BzzAgent in 2006.
May 27, 2011WPP joins angels in Shacho
Josh James, former founder of software provider Omniture, which was sold to Adobe for $1.8bn in 2009, started Sacho as a business intelligence technology start-up, which has yet to launch. WPP invested $25m in Omniture in January 2009 as part of a strategic partnership and sold its shares for $61.3m in its September exit to Adobe.
May 27, 20119flats.com starts eVenture
German internet entrepreneur Stephan Uhrenbacher, the founder of the local review site Qype and the former head of northern European operations for the travel booking site Lastminute.com, launched 9flats in February.
May 27, 2011Time Warner backs BlackArrow
Joan Gillman, president of media sales for Time Warner Cable, joins the BlackArrow board as its C round is extended to $27m.
May 27, 2011Tencent and Expedia book into eLong
Tencent, which in turn is backed by South Africa media group Naspers' corporate venturing unit, invested $84.4m in eLong for a 16% stake.
May 26, 2011About us
GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits our membership, providing privileged access to all our services and resources.
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