July 2010

Robin Hood Ventures Joins Science Center Port Business Incubator

July 29, 2010

Angel investing group Robin Hood Ventures has established an office in the Philadelphia, PA-based University City Science Center’s Port business incubator. Robin Hood is a group of experienced entrepreneurs and accredited investors focused on investing in early stage companies located in the Mid-Atlantic region, primarily scalable companies with intellectual property. Since its inception in 1999, [...]

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The Cronos Group Receives Equity Investments

July 29, 2010

Cronos Ltd., a global container leasing and management company, has received a majority equity investment from funds affiliated with Kelso & Company. In addition, TCG Fund, previously the company’s largest shareholder, increased its equity investment in Cronos. As part of the overall transaction, Cronos has purchased additional container assets, which increases the size of its [...]

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eDreams Group acquired by Permira

July 29, 2010

A company backed by the Permira Funds has today reached an agreement with TA Associates to become the majority shareholder of the eDreams Group, an online travel agent (OTA) and issuer of airline tickets. TA Associates has been the majority shareholder in eDreams since 2006. Founded in 1999 by Javier Pérez-Tenessa and James Otis Hare [...]

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Zynga Raises $150M; Launches Japan Joint Venture;

July 29, 2010

Zynga, the San Francisco, CA-based developer of social games such as FarmVille, Treasure Isle, Zynga Poker, Mafia Wars, YoVille, Café World, FishVille, PetVille and FrontierVille, has received a $150m investment from Softbank, a technology company connecting consumers through its broadband infrastructure, fixed-line telecommunications, and mobile communications services. In addition, the two companies have created a [...]

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SolidFire Closes First Funding Round

July 28, 2010

SolidFire, an Atlanta, GA-based start up that has developed a cloud computing storage platform, has closed its first round of venture capital funding led by Valhalla Partners and Novak Biddle Venture Partners. In conjunction with the funding, of undisclosed amount, Valhalla General Partner Charles Curran, and Novak Biddle General Partner Phil Bronner, will join the [...]

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Envivio Secures $15M in Mezzanine Financing

July 28, 2010

Envivio, a South San Francisco, CA-based  provider of solutions for video-over-IP delivery, has secured $15m in mezzanine investment from venture capital and banking sources. The proceeds from the financing will enable the company, which is is experiencing 100% year-over-year sales growth, to continue to extend its position in the Video over IP market. To reinforce [...]

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GoodData Closes $6.5m Series A Funding

July 28, 2010

GoodData, a San Francisco, CA-based company that provides an on-demand business intelligence service, has closed a $6.5m Series A funding. This round, which adds to the $5m raised in seed funding in 2009, was led by new investors Fidelity Growth Partners Europe and General Catalyst Partners, with participation from existing investors Andreessen Horowitz and Windcrest [...]

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BlueArc Raises $20M

July 28, 2010

BlueArc Corporation, a San Jose, CA-based provider of high-performance unified network storage solutions, has closed $20m of new funding. The round was led by Investor Growth Capital (IGC), the wholly owned venture capital arm of Stockholm-based Investor AB, and other 16 existing investors. This round of funding will enable the company to further ramp development [...]

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Business Insider Raises $3M

July 28, 2010

Business Insider, a New York-based digital media startup, has raised $3m in a new round of financing. Investors include RRE Ventures and existing backers Allen & Co., Kohlberg Ventures, Pilot Group, Marc Andreessen, Gordon Crovitz, Ken Lerer of Lerer Ventures, and others. This capital will help the company continue to expand content, launch new tech [...]

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Triangulate Raises $750,000

July 28, 2010

Triangulate, Inc., a Palo Alto, CA-based developer of “Wings”, a data-driven dating application available on Facebook, has raised a total of $750,000 in seed funding. Investors include Trinity Ventures and Rick Thompson, Chairman of Playdom. The funds will be used to bring its first application – Wings – to market and to continue to develop [...]

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