News Archive
16 April 2010
Financial Times
Andrew Bounds
The Hut Group, the UK's fast-growing online retailer, has raised £14m to prepare for a flotation next year in a move that marks the return to retailing of Angus Monro, the former Matalan chief executive.
Mr Monro will join the board and has also invested in the company, along with fund managers Artemis and William Currie, and Balderton Capita..
15 April 2010
Press Release
Britain’s fastest growing Tech company, The Hut Group, today started a new chapter in its 5 year history by announcing a £14 million investment by institutional investors via a Pre-IPO (Initial Public Offering) placing.Following an institutional road show, the fundraising was completed by a selection of blue-chip investors. Leadin..
15 April 2010
Press Release
London, 15 April, 2010 – InterResolve, the independent injury claims specialist, has today announced that it has secured a major funding deal with Balderton Capital, one of Europe’s largest venture capital firms. The company will use the funding to expand its alternative service involving the acquisition, processing and settling of pers..
15 April 2010
Insurance Post
Mairi Macdonald
Inter Resolve plans to expand its personal injury claims business after securing a major funding deal with European venture capital firm Balderton Capital. The injury claims specialist said the equity investment from Balderton will allow it to significantly grow the scale and scope of its injury claims activities and enable it to build a substantia..
05 April 2010
Financial Times
Maija Palmer
Codemasters, the UK’s largest computer games publisher, said on Monday that India’s Reliance Big Entertainment had taken a 50 per cent stake in the company, buying out Goldman Sachs. Reliance Big owns Zapak Digital Entertainment, India’s largest gaming company, and the deal will allow it to bring Codemasters games franchises,..
15 March 2010
Press Release
Qualcomm and GreenRoad to Provide Industry’s First Complete Mobile Resource Management and Driver Safety Solution
— Reduces Costs While Improving Productivity, Safety and Fuel Economy —
SAN DIEGO and REDWOOD SHORES, Calif. — March 15, 2010 — Qualcomm Incorporated (Nasdaq: QCOM), a leading provider of business-to-b..
15 March 2010
wired.com
Eliot Van Buskirk
AUSTIN, Texas — Adding to the heat in on-demand music on the cellphone, the MOG music service showed off its upcoming mobile apps for both Android and iPhone. The apps will allow subscribers to access all 7 million-plus tracks on the service and save not only playlists, but individual songs and albums onto their phones — as much music a..
01 March 2010
Financial Times
Tim Bradshaw in London and Joseph Menn in San Francisco
Competition between Spotify and MOG is intensifying as the new digital music services race to win support from investors, record labels and listeners.
The transatlantic rivals - aided by two veterans of the online music industry - are both raising new funds to build a service which they hope will lure music fans away from piracy and provide a new r..
26 February 2010
Press Release
MOG, the digital music and music blogging network, today announced that it has closed a round of funding totalling $9.5 million, led by Balderton Capital and Menlo Ventures.MOG is an innovative digital music site that provides a music discovery service through a community of 13 million hard core music fans, across hundreds of blogs in the MOG netwo..
22 February 2010
TechCrunch
Sarah Lacy
What do a trucker, an Israeli entrepreneur, Al Gore and Richard Branson all have in common? Proof that the real goldmines are old, neglected industries.
The name of that proof is GreenRoad. While so many entrepreneurs bang their heads against a Web and social media advertising brick wall, GreenRoad has applied common technology to an industry techn..
19 February 2010
The Irish Times
Intune Networks, the Irish maker of telecoms equipment for high bandwidth transmission, has won a major EU-funded research contract to design a telecoms network for cloud computing. Intune is part of a consortium that includes telecoms operators Telefónica in Spain and PrimeTel in Cyprus. The consortium also includes Italian software company..
16 February 2010
Siliconrepublic.com
Paddy Houlihan’s mobile software company NewBay has secured a major deal with Deutsche Telekom to drive the Germany telecoms giant’s next generation of cloud-computing services.Under the deal, NewBay’s LifeCache Social Networking Gateway (SNG) and LifeCache Media Upload Client have been deployed to power the upload of photos, vide..
25 January 2010
Information Management Online
Jim Ericson
January 25, 2010 -- Open source data integration specialist Talend today released what it calls the first comprehensive enterprise master data management solution on an open source platform supported by a large community of users. Citing "typical" MDM deployment costs of $500 thousand to $1.2 million, Talend executives predict the new platform will..
08 December 2009
Press Release
Media release TOMORROW FOCUS AG acquires a majority shareholding in online advertising exchange AdJug, further consolidating its position as a leading digital marketing companyMunich, Germany, 08 December 2009 – TOMORROW FOCUS AG has acquired a further 37.8 percent to its previous 18 percent of the shares of AdJug Ltd. from shareholders. Bald..
04 December 2009
Press Release
Leading Italian fashion e-tailer’s shares leap on first day of trading LONDON - BALDERTON CAPITAL, the leading European venture capital firm, congratulates YOOX Group, Italy’s leading online fashion retailer, on its successful listing on the Milan stock exchange.Trading in YOOX shares commenced on December 3, 2009 at EUR4.3 valuing..
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