REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Newton Energy Partners, LLC, a Houston, Texas-based independent oil and natural gas company, has received a $75m equity commitment from Kayne Anderson Energy Funds and management. Founded in September 2010 by Bud Newton, the company intends to acquire and develop oil and natural gas properties with identifiable upside in the Permian Basin, Mid-Continent and onshore […]
TimeTrade Systems, a Tewksbury, MA-based provider of Software-as-a-Service appointment scheduling solutions, completed a $5.6m financing round. The investment was led by Ascent Venture Partners, with participation from CommonAngels and other returning investors. The round included the conversion of $1.7m in convertible notes issued in December 2009. The financing will accelerate the company’s product line expansion […]
Cylene Pharmaceuticals, Inc., a San Diego, CA-based biotechnology company focused on discovering and developing targeted small molecule drugs to treat life-threatening cancers, closed a $12m financing. Investors include Sanderling Ventures, HBM BioVentures (Cayman) Ltd., Novartis BioVenture Fund, BioVentures Investors, Lilly Ventures, Mitsui & Co. and Morningside Venture Investments Ltd. The capital infusion will be used […]
Otologic Pharmaceutics, Inc., an Oklahoma City, OK-based development stage pharmaceutical company focused on commercializing technologies that address novel pharmacological solutions for hearing health, closed a financing round of undisclosed amount. The funding was led by the OCAST Technology Business Finance Program, with participation from INTEGRIS Health and the Oklahoma Medical Foundation (OMRF). The funding will […]
Tensilica, Inc., a Santa Clara, CA-based semiconductor intellectual property (IP) supplier specializing in dataplane processor (DPU) cores, has received a strategic investment of undisclosed amount from Fujitsu Limited. The company’s dataplane processor (DPU) cores, which are a combination of CPUs (central processing unit) and DSPs (digital signal processor), can be customized to provide improved performance. […]
Proretina Therapeutics SL, a Noáin, Spain-based biotech company that develops therapeutics to treat retinal disorders, has closed a €380.000 equity financing. Investors include Corporación CAN, Sodena, Real de Vellón (fund managed by Clave Mayor) and Inveready, each of which committed €95K. The financing is subject to completion of the company’s project. Proretina is currently studying […]
Eykona Technologies Ltd, an Oxford, UK-based medical technology company, has completed a £1.19m investment round. The financing was led by MTI Partners, through the UMIP Premier Fund (UPF), with participation from existing and new shareholders including H2O Venture Partners, Parkwalk EIS Technology Fund 1, Hygea VCT, the LBA Roundtable EIS Fund 2009 with three LBA […]
Premier Healthcare Exchange, Inc., a Bedminster, NJ-based late stage healthcare cost management company, has received a $4m investment from Edison Ventures. The capital infusion will allow the company to expand sales, marketing and shareholder liquidity. Premier Healthcare Exchange provides advanced cost management solutions such as data analytics, PPO network management, claims editing, clinical bill review […]
InstantLuxe.com, a French marketplace that allows individuals to sell second-hand luxury goods, has raised €650,000 from ISAI. All items sold on the site including watches, jewels, leather goods and accessories are verified by experts and, after inspection, are delivered to the buyer with a certificate of authenticity. Brands sold on the market include Hermès, Chanel, […]
Ibex Outdoor Clothing Holdings, Inc., a White River Junction, VT-based designer, marketer, manufacturer and distributor of a diverse range of premium branded wool and wool-based technical apparel and accessories, has received a private equity investment of undisclosed amount from North Castle Partners in partnership with CMS Companies. Founded in 1997 on the belief that wool […]
The Belgian federal holding company has invested a “substantial” amount in the €100m Open Sky Technologies Fund (OSTF), the investment vehicle initiated by the European Space Agency (ESA) through its Technology Transfer Programme (TTP) early this year. The fund aims to invest in high-potential start-ups that utilize applications and technology originally developed for space and […]
MocoSpace, a Boston, MA-based operator of a mobile browser-based social gaming platform, received a $3.5m strategic investment from SoftBank Capital. Existing investors in the company include General Catalyst, Pilot Group and angel investor Michael Dearing. The company will use the capital to expand management team and develop its platform, which will provide game developers with […]
Think Finance, a Ft. Worth, TX-based developer of innovative financial products, has secured a $90m credit facility from Victory Park Capital Advisors. The company will use this line of credit to fund expansion of its existing product lines and to support the development and growth of new products. Commenting on the financing, Think Finance CEO […]
CytomX Therapeutics, a Santa Barbara, CA-based biotechnology company focused on the development of proteolytically-activated antibodies, has completed a $30m Series B financing. The round was led by Third Rock Ventures, with participation from the Roche Venture Fund. The capital infusion will be used to advance the company’s antibody platform, expand its team and move to […]
Flexiant, a Livingston, Scotland, UK-based cloud computing technology provider, closed a £1m investment round. This funding, which was backed by over twenty angel investors, as well as the management team, provides the company with additional working capital to further develop its “pay-as-you-go”cloud computing infrastructure, both as a public platform (FlexiScale) and as a licensed product […]