Technology
INCJ invests $4m in Japan's Customer Communications
The Innovation Network Corporation of Japan (INCJ) has invested JPY400 million ($4 million) in Customer Communications (CCL), which provides analytics for consumer purchasing behavior.
Qihoo 360 buys VC-backed MediaV
Chinese antivirus software company Qihoo 360 Technology has bought a controlling stake in MediaV, a VC-backed advertising and digital marketing company.
Japan's Gree Ventures reaches $50m first close on tech fund
Gree Ventures - the corporate VC arm of the Japanese mobile gaming firm Gree - has held an initial close on its second fund, AT-I Investment, of JPY5 billion ($50 million).
VIDEO: Jessica Archibald of Top Tier Capital Partners
From Facebook’s acquisition of WhatsApp to Google’s purchase of Nest Labs, large US technology companies are increasingly using the ample cash on their balance sheets for M&A. Jessica Archibald, managing director at Top Tier Capital Partners, this...
Monk’s Hill Ventures launches $80m Southeast Asia fund
Monk’s Hill Ventures, a Singapore-based VC firm, has launched a S$100 million ($80 million) fund to support the growth of start-ups in Southeast Asia.
Helion backs India IT mobility solutions provider
Helion Venture Partners has committed a INR250 million ($4.2 million) Series A round of funding to India-based RapidValue IT Services, which specializes in mobile IT solutions.
TA-owned SpeedCast completes another bolt-on
TA Associates-owned SpeedCast has made its third bolt-on acquisition in Australia in 18 months, purchasing a fixed and mobile satellite solutions provider SatComms Australia for an undisclosed sum.
Australia scales back start-up funding schemes
Support for technology start-ups is among the casualties in Australia’s austerity budget, with several programs discontinued, including the Innovation Investment Fund (IIF), which sponsors VC funds.
Wearable technology: Heart on your sleeve
Wearables promise to be the next disruptive technology, redefining our daily lives. Are venture capitalists right to be excited and are they getting excited about the right things?
PE investors set for partial exits from China's JD.com
Tiger Global Management, DST Advisors, Hillhouse Capital Management and Capital Today will make partial exits from JD.com as the Chinese e-commerce firm seeks to raise as much as $1.69 billion through a US IPO.
India's iYogi raises $28m Series E round
Axon Partners Group and Madison India Capital have teamed up with existing investors to provide a $28 million Series E round of funding for iYogi, an India-based technology support services provider.
Chinese digital marketing platform AdSame raises $30m
AdSame, a Shanghai-based digital marketing firm, has secured a $30 million Series C round of funding led by Taiwan-based Pacific Venture Partners and Dream Capital Group.
Global Brain, 500 Startups lead Series C for couples app
VCNC, the Korean start-up behind couples app Between, has raised a Series C round of investment from Japanese venture capital firm Global Brain and US investor 500 Startups.
VC-backed Tuniu shares jump on debt after $72m US IPO
Shares in Tuniu, a Chinese online package tour provider backed by DCM, Temasek Holdings, Gobi Partners and Sequoia Capital, saw its shares climb 10% on their trading debut following a $72 million IPO.
GIC leads $170m investment in Brazil's Netshoes
Singapore sovereign wealth fund GIC Private has led a $170 million investment in Netshoes, a Brazilian e-commerce site focusing on sporting goods.
VC-backed Cheetah Mobile posts modest gain after $168m IPO
Cheetah Mobile, formerly Kingsoft Corporation’s internet security software division, ended its second day of trading on the New York Stock Exchange at a slight premium to its IPO price, following a $168 million offering.
POSCO VC leads Series A for Korean online video provider
POSCO Venture Capital - the corporate VC arm Korean steel maker POSCO - has led a $3 million Series A round of funding for online video start-up Shakr Media.
CyberAgent invests $1.6m in Japan flea market app
Japanese internet firm CyberAgent has invested JPY160 million ($1.6 million) in VC-backed mobile flea market app 10sec.
Alibaba commits $100m to Yunfeng's China tech fund
Alibaba Group has committed $100 million to a fund being raised by Yunfeng Capital, a PE firm set up by Alibaba founder Jack Ma.
General Atlantic to invest $150m in China's Jumei alongside IPO
General Atlantic has agreed to invest $150 million in Jumei International Holding, a Chinese online beauty products retailer that is seeking to raise up to $204 million through a US IPO.
Alibaba files for US IPO
Chinese e-commerce giant Alibaba Group has filed the registration documents for an IPO that is expected to raise more than $15 billion and could surpass Facebook as the largest tech offering in history.
Intel Capital launches China smart devices fund
Intel Capital - the corporate VC arm of chip maker Intel Corp - has launched a $100 million China-focused vehicle targeting businesses developing smart devices, wearables and other technology related to the internet of things (IoT) space.
UTEC invests $2m in Japan broadband service
University of Tokyo Edge Capital (UTEC) has invested JPY200 million ($1.9 million) in Nabiq, a Japanese provider of wireless broadband services for businesses, as part of Series A round of funding.
Carlyle, Unison seek buyer for Covalent Materials - report
The Carlyle Group and Japan's Unison Capital are reportedly seeking a buyer for semiconductor parts manufacturer Covalent Materials Corp.