REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Dr Lal PathLabs, an India-based chain of pathology laboratories, has received a minority investment of undisclosed amoun from TA Associates. The global growth private equity firm purchased half of the stake that Sequoia Capital has held in the company since 2005. Founded in New Delhi in 1949 by Dr. (Major) S.K. Lal as a single […]
Videovalis GmbH, a Cologne, Germany-based provider of video marketing solutions, has received a €1m minority investment from ad pepper media International N.V. Following the transaction, ad pepper media owns a 19.9% in the company. This strategic partnership will enable both ad pepper media and Videovalis to further strengthen thier position in this segment of online […]
DriverSide, Inc., a San Francisco, CA-based company that operates a website providing advice to automobile owners, has raised $2m of a $3m financing round. According to a regulatory filing, investors include Catamount Ventures and Allegis Capital. Founded in 2007 by Internet entrepreneurs Trevor Traina, Adam Jackson, and Jad Dunning, Driverside.com provides consumers with advices to […]
Lumenergi Inc., a Newark, California-provider of energy efficient networked lighting systems, closed a $12.7m series B round of financing. The round was led by Braemar Energy Ventures, with participation from new investor Townsend VC LLC and existing investors Low Carbon Accelerator Ltd. and Noventi Ventures. In conjunction with the funding, Dennis Costello of Braemar Energy […]
ViewRay, Inc., a Cleveland, Ohio-based medical device company developing advanced radiation therapy technology for the treatment of cancer, has secured $20m in Series C financing. The round was led by new investor Siemens Venture Capital, with participation from existing investors Aisling Capital, Fidelity Biosciences, Kearny Venture Partners and OrbiMed Advisors. The funding is intended to […]
BrightTag, Inc., , a Chicago, IL-based provider of a data rights management platform that allows marketers and publishers to control tracking tags and protect against data leakage, has closed a Series A financing round. The investment, of undisclosed amount, was co-led by TomorrowVentures and New World Ventures, with participation from Epic Ventures and the I2A […]
Atlantis Computing, a Mountain View California-based provider of Virtual Desktop Infrastructure (VDI) storage and performance optimization solutions, has closed a $10m Series C investment. The round was co-led by Partech International, El Dorado Ventures and Cisco Systems Inc. (NASDAQ: CSCO). The company will use the capital to fund sales growth, marketing activities and international expansion. […]
Healthsense, Inc., a Mendota Heights, MN-based provider of wireless sensors and remote monitoring solutions for the senior care market, closed a growth capital financing round. The round was led by Radius Ventures, LLC, a focused health and life sciences venture fund, with participation from existing investors Ziegler HealthVest Partners, LP and its affiliate The Ziegler […]
Apica, a Solna, Sweden-based provider of web performance products, has raised SEK9m (approximately €1m) in new venture capital from ALMI Invest and KTH Chalmers Capital. The new funds will be used primarily to speed up the roll out of the company’s web performance products on the international market. In addition, Apica wants to strengthen its […]
Vriti Infocom Pvt Ltd, a Noida, India-based exam preparation company, has closed a US$5m Series B round of funding.
Telepo AB, a Stockholm, Sweden-based provider of Enterprise Communication and Collaboration software platforms, has secured €10m in series B funding from Investor Growth Capital and existing backer Accel Partners. In conjunction with the round, Mikael Johnsson, Vice President at Investor Growth Capital, will join Telepo’s board of directors. The company will use these new resources […]
Emergency CallWorx, Inc., a Madison, AL-based provider of NG911 and incident management software for the public safety industry, has secured a new investment of growth capital. The proceeds from the funding, whose amount remained undisclosed, will allow the company to increase its research and development while accelerating its support, sales and marketing efforts. Commenting on […]
deCarta, Inc., a San Jose, CA-based provider of advanced and comprehensive geospatial software platforms for Internet, mobile, personal navigation and enterprise location-based service (LBS) applications, has raised $6.16m as a part of an expected $10.2m Series D funding round. According to a regulatory filing, the company will use the funds for working capital. deCarta’s technology […]
Brand Affinity Technologies, an Irvine, CA-based company that operates a research engine providing daily analysis of more than 38,000 celebrities and athletes, has closed a $20m Series C funding. The round was led by Miramar Venture Partners, with participation from existing investors Newport Coast Investments, RimLight Capital, Fulcrum Venture Capital, and ad pepper media International. […]
VSS Monitoring, Inc., a Burlingame, Calif.-based provider of distributed traffic capture systems for network and security monitoring, has secured its first institutional round of financing from Battery Ventures. This capital infusion will allow the company to accelerate R&D initiatives, grow customer and partner support, and expand sales and marketing capacity. In conjunction with the funding, […]