Services

US-based cloud software company Box's corporate venturing unit Box Innovation Network is joined backing the construction blue-print company by 500 Startups and Navitas Capital.

Academic research into behavioual science informs new wave of service entrepreneurs.

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

The deal would be valued at more than $800m compared to the about $85m raised by Buddy since its launch in 2007, according to news provider All Things D.

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

Separately, Mixpanel, a US-based analytics platform for mobile and web, has raised $10m in its series A round from a consortium including Salesforce's founder and chief executive, Marc Benioff.

True Ventures joins engineering service and research provider S&K Technologies and geospatial analysis company GCS Research backing the real-time security software developer.

Innovacorp's Greg Phipps said the graduate job hunter-targeted site bridges a gap between the professional networking of LinkedIn and the "purely social networking of Facebook".

The corporate venturing groups were certainly impressed by the watchman in this case, as they voted Hijazi's company the "most investable" among the 15 finallists at the competition, held in partnership with American Security Challgenge.

Corporates plan for electric car future.

This year, in all bar one of the awards, Global Corporate Venturing selected a shortlist and the winner was selected by the magazine's advisory board at the end of March. Editor James Mawson chose the lifetime achievement award.