Chinese smartphone game publisher Yodo1 reported Wednesday that it has raised $5 million in a Series A round led by SingTel Innov8, a wholly-owned subsidiary of Singapore-based SingTel Group. Additional funding came from existing investor Chang You Fund. Beijing-based Yodo1 raised $2 million in seed funding last June from Chang You Fund and an undisclosed amount from RTM Asia in February 2012.
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Guanxi, a Cayman-based mobile social network services startup, has closed on an undiscloed amount of Series A funding led by SingTel Innov8 and venture capitalist Tim Draper. Guanxi recently completed its spin-off from mInfo, a Chinese mobile search and marketing provider.
California-based start-up Ness Computing has completed a $15 million round of Series B funding led by SingTel Innov8 and including participation from American Express Ventures. Ness Computing is a personal search engine business which uses advanced machine learning techniques to recognize patterns in large-scale sets of data. PRESS RELEASE Ness Computing, a California-based startup that [...]
Santa Clara, Calif.-based ViVOtech has held a first closing of its Series D round, bringing the company’s total funding to $96 million. The company’s point-of-sale technology is designed to provide rich mobile commerce solutions for in-store payment, loyalty, marketing, and merchandising. The company’s investors include Alloy Ventures, Citi Ventures, Draper Fisher Jurvetson, EDBI, First Data [...]
Ruckus Wireless said Monday that it has secured $21.7 million in financing, bringing total investment to $72.7 million. The recent financing was led by Meritech Capital Partners and SingTel Innov8, a wholly owned subsidiary of the SingTel group. Ruckus Wireless markets and makesindoor and outdoor “Smart Wi-Fi” products for mobile operators, broadband service providers, and [...]
Group buying start-up Dealised has closed on $5.35 million in a first round of venture funding. by SingTel Innov8, the SingTel Group’s corporate venture capital fund, led the round, which also included participation from Australian-based firm Yuuwa Capital. With a base in Singapore, Dealised will use the money to expand its group-buying offerings for media, telecommunication firms and retailers, as well as to develop mobile products.
ViVOtech has raised $24 million in an extension to its Series C financing. New investors EDBI, SingTel Innov8 and Motorola Solutions Venture Capital participated in the round. Current backers Alloy Ventures, Citi Ventures, Draper Fisher Jurveston, DFJ Gotham, First Data Corporation, Miven Ventures, Motorola Mobility, Nokia Growth Partners and NCR also participated. ViVOtech, a Santa Clara, Calif.-based provider of wireless payment software and chips, will use the money to expand its international reach.
San Jose, Calif.-based Capella Intelligent Subsystems, which makes wavelength selective switches for use in reconfigurable optical add/drop multiplexer and optical cross connects, has closed on $20 million in new financing. Black Diamond Ventures led the round. SingTel Innov8, the corporate venture arm of the SingTel Group, also contributed to the round, as did Levensohn Partners, Formative Ventures, Lucas Venture Group and Rustic Canyon Ventures. The money will be used for growth, new products and operational improvements, the company said.