Netmania IT Receives Significant Funding

January 27, 2012

Netmania IT Limited, an Elmhurst, UK-based provider of softare that enables telecommunications companies to manage customer devices remotely, recently received a significant funding from a consortium of investors. Backers included Midven, through its Early Advantage fund, New Wave Ventures LLP, and investor Bob Giddy, the former CEO of Amino Technologies, who is joining as non [...]

Read more →

Visual Revenue Raises $1.7M in Funding

January 27, 2012

Visual Revenue Inc., a New York-based provider of predictive analytics for online publishers, has raised $1.7m in funding. The round was led by IA Ventures and Softbank, with participation from existing shareholders. The company intends to use the funding for expanding the existing team with Front End Engineers, Back End Engineers, a Lead UX/UI Designer, [...]

Read more →

Altor (Altor Fund III GP Limited) signed an agreement to acquire a majority interest in Haarslev Industries A/S from Odin Equity Partners.

January 27, 2012

Altor (Altor Fund III GP Limited) signed an agreement to acquire a majority interest in Haarslev Industries A/S from Odin Equity Partners. The amount of the transaction, whose closing is expected at the end of March 2012, subject to relevant regulatory approval, reamined undisclosed. Following the investment, Haarslev Industries’ CEO Claus Østergaard Nielsen, will stay [...]

Read more →

Element ID Receives $50K Investment from BFTP/NEP

January 27, 2012

Element ID, Inc., a Bethlehem, Northampton County, PA-based RFID company has received $50k investment from Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP/NEP). The company intends to use the capital to increase sales and marketing efforts and customer support for its products. Led by CEO Jack Romaine, CTO David Martin, and Vice President of Sales [...]

Read more →

PROVA Systems Receives $50K Follow-on Investment from Ben Franklin Technology Partners of Northeastern Pennsylvania

January 27, 2012

PROVA Systems, LLC, a Carbondale, Lackawanna County, PA-based company that designs, develops and manufactures remote diagnostic vehicle systems for fleet management and other applications, has received a $50k follow on investment from Ben Franklin Technology Partners of Northeastern Pennsylvania. Ben Franklin previously invested $35k in the company. The company intends to use the capital for [...]

Read more →

SmartRecruiters, Interview with Jerome Ternynck (Founder and CEO)

January 27, 2012

One week ago, San Francisco, CA-based SmartRecruiters said it had raised $5m in a Series A funding round (read here). The company, which provides a free social recruiting platform, was founded by CEO and Board Member Jerome Ternynck, a recruiting expert and pioneer of the recruiting software industry. A Frenchman who never worked in France, Jerome ran [...]

Read more →

CN Creative Raises £2M in Series A Financing

January 26, 2012

CN Creative, Ltd., a University of Manchester’s Innovation Centre (UMIC), UK-based healthcare company providing innovative and sustainable solutions to reduce smoking and smoking-related illnesses, has raised £2m (approximately US $3.1m) a Series A financing. The round was led by Advent Life Sciences. The company intends to use the capital to continue and finalize development of [...]

Read more →

Olery Closes €750K Funding

January 26, 2012

Olery, a Amsterdam, The Netherlands-based provider of reputation management software for the leisure and hospitality industry, has completed a $1m (approximately €750k) funding round. The investor remained undisclosed. The company intends to use the capital to expand international sales, improve existing products, scale development efforts, and bring new products to market (a new product will [...]

Read more →

Ix Innovations Receives Equity Funding from the Michigan Pre-Seed Capital Fund

January 26, 2012

Ix Innovations, an Ann Arbor, MI-based company that provides products designed to enhance the usability of electrical test and measurement instrumentation, has received an equity funding from the Michigan Pre-Seed Capital Fund. The investment is part of a $585k amount the fund has injected in three Michigan start ups. The company intends to use the [...]

Read more →

Estrakon Receives Funding from the Michigan Pre-Seed Capital Fund

January 26, 2012

Estrakon, an Ann Arbor, MI-based technology company that designs, develops and manufactures custom innovative, patented LED Edge-Lit signs and displays, has received a funding from the Michigan Pre-Seed Capital Fund. The investment is part of a $585k sum that the fund has injected in three Michigan start ups. Founded by Matt Shumate, Estrakon has developed [...]

Read more →