Consumer

Sports-focused companies Competitor Group and Running Specialty Group help US-based health and fitness company MapMyFitness raise its series B round.

The wireless LCD monitor company backed by Korea-based conglomerate Samsung's corporate venturing unit and South Korea Telecom, wins backing from venture firms including Enhanced Capital Partners.

As the founder of one of the firms that has just been backed said: "My theory is that any company able to hold out to 2014 will be a winner."

The US-based industrial holding company owned by businessman Len Blavatnik helps GetTaxi raise funds, as Access Industries' portfolio company QuickOffice sells to search engine Google.

The China-based smart-phone manufacturer backed by Qualcomm and IDG Capital is reportedly eyeing a big round.

Time Warner Investments-backed social networking company Meebo sells to Google, at a reported $100m valuation.

Google's corporate venturing unit backs the US-based skills testing website for a second time, after investing in its seed round last year.

The new world order aspect comes from how corporate connections are powered.

Thayer Ventures will be the successor of Quest Hospitality Ventures and focus on sponsoring investment funds to invest in emerging technology companies in the global hospitality industry.

DealAngel has reportedly raised $1.3m in total.

The challenge of managing a diverse set of strategic LPs is an area of increasing importance to many venture capital firms.