18 Jan '11, 7am

SingTel Innov8's second investment is US-based Baynote

Hello there! If you are new here, you might want to subscribe to the RSS feed for updates on this topic. Powered by WP Greet Box Baynote , a digital marketing solution provider, announced recently a Series C funding round of US$13 million led by SingTel Innov8 . This is the second investment made by SingTel’s US$150 million venture arm, coming just days after leading a Series A round in Singapore start-up 2359 Media . Earlier Baynote investors, including Hummer Winblad, Steamboat Ventures and JK&B Capital also participated in this round. While the exact amount of funding by Innov8 remains undisclosed, this investment shows that Innov8 is not restricting itself to investments in Singapore or Asia. In a statement released by Baynote, the company’s founder Jack Jia said, “Through SingTel Innov8’s investment, we hope to tap into the SingTel Group’s expansive markets and capabi...

Full article: http://e27.sg/2011/01/18/singtel-innov8-funds-us-based-ba...

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