Boxee gets more financing
Boxee has announced that they have just closed a USD 6 million round of financing.
The involved parties were General Catalyst, Spark Capital and Union Square Ventures.
The company added that Neil Sequeira from General Catalyst would now join their board.
Boxee aims to use these additional funds for a variety of purposes:
Improving [...]
Sirius XM Radio survives with fresh investments from Liberty Media
Liberty Media has announced that they would be investing $530 million in Sirius XM Radio.
These funds would help Sirius to stay away from bankruptcy for the time being.
Liberty said that they would immediately provide a loan of $280 million to Sirius. Most of these funds [...]
Carlos Slim to invest $250 million in The New York Times
The New York Times has announced that they have signed on a deal with Mexican billionaire Carlos Slim.
The deal would see Slim making an investment of $250 million in the news media giant.
These funds would help the NYT to meet the immediate financial [...]
Yahoo invests in INMAC
US based internet media giant Yahoo has acquired a 30 per cent stake in Chennai based tele-information service provider Info Network Management Company.
The value of the deal has not been revealed to the media.
The two companies said that Yahoo would now get a representation in INMAC’s board.
INMAC is most popularly [...]
Intel Capital invests in Trony Solar Holdings
Intel Capital has announced that they are investing heavily in Trony Solar Holdings.
The investments are worth around USD 20 million.
Trony Solar Holdings is one of the China’s biggest makers of solar energy and wind power equipment.
Cadol Cheung, managing director of Intel Capital spoke about this new development: “The [...]
LinkedIn raises $22.7 million investments
LinkedIn is one of the most popular social networks online for business connectivity.
The company has revealed that they have now raised an additional $22.7 million in investments.
This additional investment would help them to grow even further with additional financial security.
These new investments were made by Bessemer Venture Partners in addition to [...]
Telligent Systems gets investment from Intel
Intel Capital is the global investment division of microprocessor industry giant Intel.
Intel Capital has now announced their decision to acquire a stake in social computing and business intelligence company Telligent Systems.
This deal is worth around USD 20 million.
The company said that this investment would give them a “meaningful position” in [...]
Apple iPhone games maker ngmoco gets venture investments
Venture capital firm Kleiner Perkins Caufield & Byers have announced that they are now investing in the software company ngmoco.
Ngmoco develops games for the Apple iPhone platform which is increasingly becoming a popular development platform.
Ngmoco said that they would use these funds to collaborate with game makers on [...]
Nokia invests more in Nokia Growth Partners
Mobile phone maker Nokia has announced that they would be investing an additional $150 million into its venture investment arm Nokia Growth Partners.
With this they have totally invested $250 million in this unit.
This unit of Nokia works on finding emerging Internet services from China and India.
John Gardner, partner [...]
Nomura Holdings invests in Real Image Technologies
Nomura Holdings has announced that they are now investing in Indian Media Company Real Image Technologies.
Nomura Holdings is the largest brokerage firm in Japan and they are investing $16 million in the Indian company.
Real Image specializes in providing digital technology solutions for films, videos and audio markets.
Indian movie industry [...]
