January 2011

EnCap Investments Closes $3.5BN Fund

January 31, 2011

EnCap Investments L.P., a Houston and Dallas-based oil and gas private equity firm, has closed a $3.5bn fund. EnCap Energy Capital Fund VIII, L.P., which was significantly oversubscribed, provides growth capital to proven management teams focused primarily on the upstream sector of the oil and gas industry in North America. EnCap is led by the [...]

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ReachForce Closes $4.6M Financing

January 31, 2011

ReachForce, an Austin, TX-based provider of high-quality information about business professionals, closed a $4.6m in growth financing. The round was led by MK Capital, with participation from existing investor GSA Venture Partners. In conjunction with the financing, Mark Koulogeorge, Managing General Partner of MK Capital, will join ReachForce’s board of directors. Among its customers the [...]

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Vantrix Corporation Receives $3M Debt Financing from Wellington Financial

January 31, 2011

Vantrix Corporation, a Montreal, Canada-based provider of mobile video optimization and delivery solutions, has received a $3m venture debt financing from Wellington Financial LP. The proceeds from the financing will help the company expand in new markets worldwide. Led by President and CEO, Allan Benchetrit and with deployments in over 70 networks, Vantrix provides solutions [...]

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Renal Ventures Management Receives $30M Investment from Goldman Sachs

January 31, 2011

Renal Ventures Management, LLC, a Denver, CO-based renal care provider that operates 25 dialysis centers in six states, has received $30m in capital from Goldman Sachs Group, Inc. (NYSE: GS). Under the terms of the deal, the company’s existing shareholders will continue to maintain a significant control position. Renal Ventures Management intends to use the [...]

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Neuralitic Systems Closes $8M Series B Funding Round

January 31, 2011

Neuralitic Systems, a Montreal, Canada-based provider of mobile data intelligence (MDI) solutions for mobile operators, has closed an $8m Series B funding round. The investment was led by new investor Export Development Canada, with participation from all existing investors BlackBerry Partners Fund, BDC Venture Capital, Vertex Venture Capital and GO Capital LP. This investment brings [...]

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LibreDigital Raises $4M

January 31, 2011

LibreDigital, an Austin, Texas-based developer of technology that powers the promotion, sales and delivery of content on-demand across the web and different marketplaces and devices including the Apple iPad and iBookstore, Google, Amazon Kindle, has raised $4m in funding. The company intends to use the funds, whose providers remained undisclosed, to go to market faster [...]

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IBM Invests $150M to Promote Entrepreneurs and Business Opportunities in the USA

January 31, 2011

IBM (NYSE: IBM) has announced a series of initiatives which are designed to promote entrepreneurs and new business opportunities in the United States during 2011. The new $150m investment will be used to coach and mentor start-up businesses throughout the country, expand education, build skills and mentorship programs in collaboration with the academic and venture [...]

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XDx Receives $12.5M Loan Facility from GE Capital, Healthcare Financial Services

January 31, 2011

XDx, Inc., a Brisbane, California-based molecular diagnostics company, has received a $12.5m senior secured multi-draw term loan facility from GE Capital, Healthcare Financial Services. The financing provides the company with working capital to expand the commercialization of its FDA-cleared AlloMap® molecular diagnostic test and pursue the development of other gene expression-based tests for the monitoring [...]

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Capricorn Venture Partners Holds First close of Health-Tech Fund at €42M

January 31, 2011

Last December, Capricorn Venture Partners, a Leuven, Belgium venture capital firm, held the first close of its health-tech fund, at €42m. The Capricorn Health-tech Fund will focus on early to mid stage human health-technology companies in Europe. Capricorn defines health-technology as any technology based product used for the prevention, the diagnosis or the treatment of [...]

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Deutsche Beteiligungs AG Holds First Close of Expansion Capital Fund

January 31, 2011

Listed Private equity firm Deutsche Beteiligungs AG (DBAG) has held the first close of its DBAG Expansion Capital Fund. After this event, the firm has a total of €170m to invest in mid-sized companies. A portion of €100m comes from DBAG’s balance sheet and €70m from investors’ commitments to the new fund it is raising. [...]

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