Technology
Vista Equity acquires Indian-owned TIBCO in $4.3b take-private
Tech-focused GP Vista Equity Partners has agreed to buy TIBCO Software, the US-listed business software provider founded by Indian entrepreneur Vivek Ranadivé, in a deal worth $4.3 billion including debt.
GGV, Tencent invest $13m in US tracking device maker
Tile, a US start-up that makes devices used to track lost items, has raised $13 million in funding from China-based investors.
VIDEO: Yilu Zhao of Qunar
Many VC-backed start-ups are cautious about accepting strategic capital due to concerns that these large investors will exert too much influence, particularly in terms of a potential public market exit. Yilu Zhao, chief strategy officer at Chinese travel...
Rocket Internet shares close down 13% on Frankfurt debut
German internet incubator and investor Rocket Internet saw its shares close down 13% on the first day of trading on the Frankfurt Stock Exchange following a EUR1.6 billion ($2 billion) IPO.
Kendall Court exits Malaysian broadband provider
Kendall Court Capital Partners has exited Packet One Networks – a Malaysian broadband provider heavily involved in 4G telecommunications technology – as Telekom Malaysia (TM) bought a controlling stake in the company.
Matrix India backs online food-ordering platform LimeTray
Matrix Partners India has provided a Series A round of funding for Alchemy Web Private, operator of online food-ordering platform LimeTray. The size of the commitment was not disclosed.
Gree Ventures backs Philippines payments business
Gree Ventures has participated in a Series C round of funding for Philippines-based digital payments business Ayannah. Wavemaker Labs, Golden Gate Ventures, IMJ Investment Partners and Beenos Asia also participated.
Google, Lightspeed lead $38m round for China's InnoLight
Google Capital, the growth-stage venture arm of Google, and Lightspeed China Partners have co-led a $38 million Series C round of funding for InnoLight Technology, a Chinese manufacturer of cloud computing optical transceivers.
Jungle Ventures commits $1.6m to Thailand fashion site
Jungle Ventures has led a $1.6 million pre-Series A round for Pomelo, a Thailand-based online fashion retailer.
Intel commits $1.5b to Tsinghua University-funded semiconductor business
Intel Corporation has agreed to invest up to RMB9 billion ($1.5 billion) for a 20% stake in Tsinghua Unigroup, owner of Chinese semiconductor makers Spreadtrum Communications and RDA Microelectronics.
Alibaba invests $458m in hotel IT software firm
Alibaba Group has bought a 15% stake in Beijing Shiji Information Technology, a Chinese hospitality information technology developer, for RMB2.81 billion ($458 million).
Shunwei invests $10m in Chinese female social networking site
Shunwei Capital Partners has committed $10 million in Series B funding to 520guimi.com, a female-focused social networking site in China.
Pavilion, Recruit provide Series B2 for Japan's Freee
Temasek Holdings-owned Pavilion Capital and Recruit Strategic Partners, the VC arm of Recruit Holdings, have led a Series B2 round of funding worth $6 million for Freee, a Tokyo-based provider of automated online accounting software.
CVC-owned SPi to sell US healthcare business for $235m
SPi Global, a Philippines-based business process outsourcing (BPO) provider owned by CVC Capital Partners, has agreed to sell its US healthcare business to Conifer Health Solutions in a deal worth $235 million.
Singapore supports med-tech accelerator program
Spring Seeds Capital, an investment arm of government-backed Spring Singapore, has launched an initiative that could channel up to S$60 million ($47 million) into local medical technology start-ups.
VC-backed iMoney gets funding from Australia's iSelect
IMoney Group, a Malaysia-based financial comparison start-up backed by Jungle Ventures, has received approximately MYR13 million ($4 million) from iSelect, an Australia Securities Exchange-listed online comparison service.
Accel, Ribbit lead $35m round for Australian invoice app
Australia-based invoicing app Invoice2go has received $35 million in a Series A round of funding led by Accel Partners and Ribbit Capital. The company was founded in 2002 but this is its first external funding.
KPCB leads $50m round for China video app
KPCB has led a $50 million Series C round of funding for Chinese video app Miaopai, with participation from Sina, Redpoint Ventures and StarVC, a VC firm launched by a group of Chinese celebrities.
IDG invests in Chinese mobile tech player AVOS Cloud
IDG Capital Partners has invested in a Series A round of funding for AVOS Cloud, a Chinese mobile back-end as a service (BaaS) provider. Financial terms were not disclosed.
Tiger Global commits $30m to India property portal
Tiger Global has invested $30 million in India-based property listings website CommonFloor.com, which is ultimately expected to pursue a public listing.
Canaan's Khanna to launch India venture debt fund
Canaan Partners Managing Director Rahul Khanna is to launch a INR3 billion ($49 million) debt fund aimed at supporting early-stage and established technology ventures in India.
Lightspeed leads $10m round for China P2P car-sharing site uuzuche
Lightspeed China Partners has led a $10 million Series A round of funding for uuzuche.com, a Chinese peer-to-peer (P2P) car-sharing platform.
China food-ordering platforms: Stand and deliver
Competition is increasing in China's online food delivery market as VC investors back start-ups looking to achieve scale ahead of expected consolidation. How asset-heavy should the business model be?
Morningside bets on social network
"We currently have a large position in Apple. We believe the company to be extremely undervalued. Spoke to Tim Cook today. More to come." This 24-word Tweet, comprising just 111 characters, managed to push up Apple's value by $12 billion in less than...