REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Dexrex Gear, a Boston, MA-based developer of cloud-based enterprise data management solutions for businesses mobile text (SMS) and instant message (IM) communications, has secured $1m of private investment. The new funds were provided by new and existing private angel investors as part of a strategic financing that complements its initial seed round investment. The company […]
Intel Capital, Intel Corporation’s global investment organization, and China Investment Corporation (CIC), China’s sovereign wealth fund, have signed an agreement to invest in technology innovation globally. The collaboration is aimed to identify and support strategic investments in innovative companies across a wide range of technology sectors including cleantech, software and services, mobility and digital home, […]
Eseye Limited, a Guildford, UK-based Machine to Machine (M2M) service provider which supplies GPRS and 3G connectivity around the globe, has secured seed investment from an undisclosed syndicate of private investors. This new capital will enable the company to accelerate commercial deployment of its platform into the rapidly growing cellular M2M markets both in the […]
Advanced Cancer Therapeutics (ACT), a Louisville, KY-based company focused on bringing new anti-cancer therapies to market, has received its final investment of $250,000 from the Commonwealth Seed Capital (CSC), an entity established by the Kentucky Economic Development Partnership Board to invest funds in support of seed-stage technology companies in Kentucky. This final investment, which was […]
ngmoco, a San Francisco-based creator and publisher of social games for iPhone OS devices, has raised $25m in its Series C financing. The round was led by Institutional Venture Partners (IVP), with participation from the company’s previous investors, including Kleiner Perkins Caufield & Byers, Norwest Venture Partners and Maples Investments. As a part of the […]
Luminus Devices, Inc., a Billerica, Massachusetts-based designer, developer and manufacturer of high performance solid-state light sources for a variety of lighting applications, closed its round of funding totaling $19m. The round was led by existing investors Argonaut Private Equity, Braemar Energy Ventures, Paladin Capital Group and Stata Venture Partners. This investment funds an operating plan […]
General Compression, Inc., a Newton, Massachusetts-based company developing an innovative compressed air energy storage system, has closed over $17m in commitments to its Series A funding round. The investment was led by US Renewables Group of Santa Monica, CA, with participation from Duke Energy of Charlotte, NC. The financing will support the development of a […]
iVision UK Ltd, Cwmbran, Wales-based company which develops and manufactures LED (light-emitting diode) systems., has received £700,000 in debt and equity investment from Finance Wales. This is third funding round in the company since start-up. iVision UK will use the funds to extend its lighting solutions to a wider range of commercial applications, including car […]
Jcom1 AG, a Rohrbach,Germany-based provider of software for subject-oriented business process management (S-BPM), a further development of existing BPM technology, has received an undisclosed strategic investment from T-Venture, the venture capital subsidiary of Deutsche Telekom. T-venture joins existing investors Bayerische Beteiligungsgesellschaft (BayBG) and KfW Bankengruppe. The capital infusion will allow Jcom1 to expand internationally in […]
Currensee Inc., a Boston, MA-based Forex trading social network that connects traders from around the world based on real-time trades, has secured $8m in Series B financing for total funding of $12m. The round, led by Northbridge Venture Partners, includes new investor Egan-Managed Capital. In conjunction with the funding, Travis D. Connors, partner at Egan, […]
Mi-Pay Ltd, a Woking, UK-based processor of payments for the fast-emerging mobile money sector, has raised £3m in a financing round led by Octopus Ventures Ltd. The funds for Octopus were provided by the Octopus Titan VCT funds, together with the Octopus Eureka EIS and the Octopus Investor Group. The round was also supported by […]
Tora Holdings, an Asian provider of advanced trading technology and financial services, has received a minority investment from The Goldman Sachs Group, Inc. (NYSE:GS). The company’s solutions span the entire trading process, offering a full suite of trade execution capabilities in markets across Asia, North America and Europe. As stated by Robert Dykes, CEO of […]
After a major funding announcement and re-brand, Kobo (formerly Shortcovers), a Canadian provider of an e-Reader service for smartphones, tablets, netbooks, laptops and eReaders, is launching in the UK. Since its inception in early 2009, the company has already opened distribution channels in the U.S., Canada, UK, European Union, Australia, New Zealand, Hong Kong and […]
Adura Technologies, a Oakland, CA-based provider of wireless lighting control and energy management solutions, secured $12m in equity funding. The round was led by NGEN Partners, an investor in the clean tech sector, with participation from existing investors VantagePoint Venture Partners and Claremont Creek Ventures. Adura’s mission is to provide cost-effective solutions for the retrofit […]
Pulmonx, a Redwood City, CA-based company focused on developing and marketing minimally-invasive medical devices and technologies for the diagnosis and treatment of pulmonary disorders, has concluded an agreement for a $32m round of equity financing. The round was co-led by two new investors: – the European venture capital firm HealthCap, based in Stockholm, Sweden, and […]