As funding and exits in the ad-tech sector has become harder to secure, two high-profile figures have joined forces to launch a venture capital fund with an aim to accelerate the next generation of digital advertising businesses.
ArcSoft Receives $20M Investment to Expand Development of Advanced Multimedia and Imaging Technologies and Software Applications09/19/11
Combined $20M Investment from Intel Capital and Tudor will fund development of next-generation embedded imaging and multimedia technologies, and apps for next-generation computing and entertainment devices.
Mobifone, one of Vietnam’s leading mobile operators with 32 percent of the country’s mobile communications market, has chosen an Ericsson (NASDAQ:ERIC) solution for combined bandwidth and mobile broadband traffic optimization. Mobifone is a wholly-owned subsidiary of the VNPT Group, and is top ranking in terms of quality of service, revenue, and ARPU.
Dell today announced it has signed a definitive agreement to acquire Force10 Networks, Inc., a leader in high-performance datacenter networking. Force10’s networking capabilities complement Dell’s datacenter solutions portfolio, enabling it to offer customers a broader range of enterprise offerings.
Batanga, Inc. Completes the Acquisitions of Two Leading Online Media Companies in Latin America06/07/11
MIAMI, June 7, 2011 — Batanga, Inc. today announced the acquisition of two of the leading Latin American online media companies, Adfunky and I-Network. The new acquisitions will exponentially increase the company’s audience and publishing partners in the US, Mexico and Latin America as well as provide its existing sales organization with value-added product offerings for marketers looking to reach Hispanic consumers online. Headquartered in Miami, regional offices are located in Mexico City, Bogota and Buenos Aires as well as sales offices in nineteen cities throughout the globe. GroupArgent represented Adfunky and I-Network in the transaction and acted as their exclusive financial advisors.
Vantrix, the global leader of mobile video optimization and delivery solutions, today announced that it has been selected by Ericsson, the world’s leading provider of technology and services to telecom operators, to be their partner in video optimization. Under the terms of the agreement, Ericsson will be bundling Vantrix Bandwidth Optimizer with its Multiservice Proxy mobile broadband traffic optimization solution.
Source: Adaptive Computing
Provo, Utah—September 14, 2010—Adaptive Computing, the company behind the Moab® unified automation intelligence technology, today announced the completion of its Series A round of financing, securing $14 million from Intel Capital, which served as the lead investor, Tudor Ventures and EPIC Ventures. Adaptive Computing’s initial round of funding, after nine years of consistent profitable growth as a company, will be used to further accelerate the company’s ability to meet the rapid increase in customer demand for cloud automation intelligence.
Source: Thorne Research
Sandpoint, Idaho – June 23, 2010 – Thorne Research, Inc. announced that it has merged with Diversified Natural Products (DNP). The combination of the two companies joins the clinically researched product portfolio of DNP with the hypo-allergenic, exceptionally formulated product line of Thorne. WestView Capital Partners and Tudor Ventures provided acquisition and growth financing in the transaction. The combined entity will continue to operate as Thorne Research and will implement an aggressive growth strategy to provide the highest quality nutritional formulas available exclusively through licensed medical professionals.
Boston, MA and Montreal, Canada – May 11, 2010 – Vantrix, the global leader of mobile video optimization and delivery solutions for streaming, browsing and messaging, today announced the completion of a US$14 million Series C investment. The financing round was led by Tudor Ventures, the venture capital and private equity arm of Tudor Investment Corp., with pro rata participation from existing investors Summerhill Venture Partners, JK&B Capital, BDC Venture Capital, Innovacom Venture Capital and Entrepia Ventures. The new working capital will serve to help Vantrix expand its operations following on the growth the company has experienced and further anticipates in video delivery and bandwidth optimization.
Cambridge, MA – January 20, 2010 – Virtify, Inc., the market leader in enterprise content compliance software solutions, today announced that it has secured $15 million in growth equity financing, in a round that was led by Tudor Ventures. Virtify will use the new infusion of financing to accelerate its Virtx enterprise content compliance software suite into the life sciences market by expanding operations, engineering, sales and marketing initiatives. This expansion will take place in the U.S., Europe, and other key markets.
NEW YORK – June 9, 2009 – Wimba® Inc., the education technology company that helps people teach people, announced today that it closed $6 million in a round of Series C venture capital financing led by ABS Ventures. This new funding will drive continued development of innovative collaborative technology and market expansion, leveraging the strength of the award-winning Wimba Collaboration Suite™ and its enthusiastic adoption amongst learning communities around the world.