Palo Alto, California-based Nok Nok Labs, an online authentication solutions provider, has closed $8 million in Series C funding. The investors included DaouKiwoom Group, DOCOMO Capital, Thundersoft, DCM Ventures, Lenovo Group, ONSET Ventures and Raven Ventures. In addition to the funding, Ik-Rae Kim, founder and executive chairman of the DaouKiwoom Group, has been added to Nok Nok Labs’ board of directors.Continue
Toronto-based advocate marketing company Influitive has raised $30.5 million in Series B funding. Georgian Partners led the round with participation from other investors that included OurCrowd, Atlas Venture, Docomo Capital, BDC Capital IT Venture Fund, Hummer Winblad Venture Partners, Illuminate Ventures, Resolute Ventures, Relay Ventures and First Round Capital. In conjunction with the funding, Simon Chong of Georgian Partners has been added to Influitive’s board of directors.Continue
Centrify Corp. has closed $42 million in funding. Investors included Samsung Ventures, Fortinet and Docomo Capital. Also, Centrify has appointed Mark Weiner as chief marketing officer and Ally Zwahlen as vice president of corporate communications. Headquartered in Santa Clara, Calif., Centrify is a provider of identity services solutions.Continue
Quantance Inc. said it has raised $12 million in Series D funding from TD Fund, Granite Ventures, InterWest Partners and DoCoMo Capital. The company manufactures 4G/LTE power supplies.Continue
Technology investment firm Atomico has led Fab’s $105 million Series C financing. Also participating in the round are Pinnacle Ventures, ru-Net Technology Partners, Mayfield Fund and DoCoMo Capital, and several existing investors, including Andreessen Horowitz, Menlo Ventures, Baroda Ventures and First Round Capital. Atomico partner Geoffrey Prentice will join Fab’s board of directors. PRESS RELEASE […]Continue
NXT Capital’s venture finance group has provided a $3.5 million subordinated venture loan to SkyCross. SkyCross is a manufacturer of antenna solutions for wireless devices in the mobile phone, personal entertainment and computing industries. Headquartered in Fremont, CA, SkyCross is backed by TL Ventures, Investor Growth Capital, Intel Capital, Gabriel Venture Partners and DOCOMO Capital. […]Continue
Nuance Communications Inc. is paying $102.5 million to buy venture-backed Swype, Reuters reported Friday. Swype’s technology allows users to drag their finger across smart phone keyboards in one continuous motion to type words. Nuance has already paid $77.5 million toward the deal and will pay a remaining $25 million eighteen months after closing. Swype was backed by Samsung Ventures, Nokia Growth Partners, Benaroya Capital, DoCoMo Capital and Ignition Partners.Continue
(Reuters) – Three initial public offerings were postponed on Tuesday, the latest casualties of volatile market conditions.
Offerings by Portuguese mobile marketing and payment services provider TIM w.e. SGPS SA, which was expected to raise $146.3 million, and 3-D motion-sensing company InvenSense Inc, a VC-backed company due to raise $99.8 million, were postponed, underwriters said. The $180 million IPO of Seattle-based lender HomeStreet was also sidelined, an underwriter said.
Invensense, founded in 2003, raised a total of $53 million in venture capital between 2004 and 2008, according to Thomson Reuters (publisher of peHUB). The company’s backers include Artiman Ventures, DoCoMo Capital, PartechContinue
The Seattle-based startup Swype today announced that it raised an additional $2.5 million in Series C financing led by existing investors Samsung Ventures, Nokia Growth Partners, Benaroya Capital, DOCOMO Capital and Ignition Partners. This new financing adds to the existing $3.5 million raised in March with Ignition Partners and brings Swype’s total series C to […]Continue
Skycross Inc., a Viera, Fla.-based manufacturer of wireless antenna solutions, has raised $11 million in Series E financing from Docomo Capital, TL Ventures, Investor Growth Capital, Gabriel Venture Partners and Intel Capital. The company plans to raise a total of $15 million in the Series E round, and aims to close its second tranche by the end of June.Continue
EverNote Corp., a Sunnyvale, Calif.-based provider of information capturing technologies, has raised $2 million in additional second-round funding from DoCoMo Capital. The round now stands at $6.5 million, including a previously-announced investment from Troika Dialog of Russia.Continue
Tensilica Inc., a Santa Clara, Calif.-based semiconductor IP company specializing in dataplane processor cores, has raised an undisclosed amount of strategic funding from DoCoMo Capital, the corporate venture arm of Japanese wireless carrier NTT DoCoMo. Tensilica previously raised around $90 million since 1997, from firms like Altera Corp., Cisco Systems, Conexant Systems, Matsushita Electric Industries, NEC, Foundation Capital, Meritech Capital, Oak Investment Partners and Worldview Technology Partners.Continue
Siimpel Inc., an Arcadia, Calif.-based maker of integrated optical microsystems, has raised an undisclosed amount of VC funding from DOCOMO Capital, the corporate venture arm of NTT DOCOMO. The company previously raised around $73 million from firms like otorola Ventures and return backers DFJ, Global Catalyst Partners, Portage Venture Partners, Scale Venture Partners, Sun America Ventures and Zone Venture Partners.Continue