September 2011

T2 Systems Receives $28M Equity Investment from Pamlico Capital and Management Team

September 30, 2011

T2 Systems, an Indianapolis, Indiana-based provider of unified SaaS (Software as a Service) parking management solutions, has received a $28m equity investment from Pamlico Capital and the management team of the company. Pamlico has also committed to investing additional expansion capital. Following the investment, CEO Mike Simmons will retain significant ownership and continue to manage the growth [...]

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Cycell Raises £600k in Angel Funding

September 30, 2011

Cycell Ltd, London, UK-based early stage specialist mobile network operator, has raised £600k in its angel funding round. The round includes a £135k investment made by an LBA Angel Syndicate. Led by Chairman Dale Murray and CEO Thomas Sunderland, CyCell offers a full range of specialist white label easy-to-use handsets, for which it owns all [...]

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Connexity Receives $2M Credit Facility with SVB

September 30, 2011

Connexity, a Ventura, CA-based integrated digital advertising company, has received a $2m debt financing from Silicon Valley Bank. The facility provides Connexity with additional working capital to accelerate its growth. Led by CEO Dave Gross, the company has developed the Audience Discovery Platform™,  an integrated, balanced supply and demand platform focused on audience discovery. It provides multi-graph analysis [...]

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Aquamarine Power Raises £7M in new Funding

September 30, 2011

Aquamarine Power, an Edinburgh, Scotland-based wave energy company, raised £7m in new funding. The round includes £3m each from SSE Venture Capital, the ventures unit of Scottish and Southern Energy, and ABB, together with a further £1m from Scottish Enterprise, via the Scottish Investment Bank. The company intends to use the funds to continue to [...]

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J.F. Lehman & Company Closes Fund III at $575.5M

September 30, 2011

J.F. Lehman & Company, a middle-market private equity firm focused on the defense, aerospace and maritime industries, held the final close of JFL Equity Investors III, L.P. and affiliated vehicles (JFL Fund III), at $575.5m. JFL Fund III, which follows the $335.3m JFL Fund II, and the $130.9m JFL Fund I, secured commitments from a [...]

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Aesica Pharmaceuticals Receives Majority Investment from Silverfleet Capital

September 30, 2011

Aesica Pharmaceuticals, a Cramlington, UK-based company that develops and manufactures primary (API) and secondary stage (finished product dosage forms) pharmaceuticals, has received a majority investment from Silverfleet Capital. Aesica executives have reinvested for a large minority stake in the company. Debt financing will be provided by Lloyds Bank Corporate Markets Acquisition Finance, HSBC and Yorkshire [...]

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BidPal Network Raises $5.6M in Series B Funding

September 30, 2011
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BidPal Network, an Indianapolis-based company that provides handheld devices to wirelessly automate auction bidding, donations and payments for charitable fundraisers, has raised $5.6m in Series B funding. The round was co-led by MK Capital and Allos Ventures. The company intends to use the funds to expand to new markets. Led by Chairman and CEO Scott [...]

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Karmasphere Raises $6M in Series B Funding

September 30, 2011
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Karmasphere, a Cupertino, CA-based provider of Big Data Intelligence software, has secured $6 million in a Series B round of funding. The round was led by new investor Presidio Ventures, with participation from existing investors Hummer Winblad and US Venture Partners. This brings the total amount raised by the company to date to $11m. Karmasphere [...]

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Exco InTouch Raises £3M from SEP

September 29, 2011

Exco InTouch, a UK provider of mobile patient communication and management solutions for the pharmaceutical and healthcare sector, has raised £3m in funding. The round was led by Scottish Equity Partners, which has taken a minority stake in the company. Exco InTouch intends to use the capital to invest in people, technology and infrastructure and [...]

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Content Fleet Raises $3.5M in Second Funding Round

September 29, 2011

Content Fleet GmbH, a Hamburg, Germany-based company that creates tailor-made content and portals for publishers as well as other content distributors, has raised $3.5m in second funding from T-Venture and Bertelsmann Digital Media Investments. Existing investor Neuhaus Partners also was part of the syndicate. Content Fleet intends to use the funds to further develop trend [...]

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