REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
MSI Methylation Sciences, Inc., a Vancouver, British Columbia Canada-based company focused on developing S-Adenosyl Methionine (SAMe), a prescription drug used as a dietary supplement, has raised €13.5m (CDN$19m) in a Series A financing. The round was led by Inventages, with participation from existing investors Working Opportunity Fund (EVCC) Ltd., managed by GrowthWorks, BC Advantage Funds […]
Atlanta Catheter Therapies, Inc., a Chattanooga, TN-based early stage research and development medical device company with a portfolio of innovative catheter technologies targeting vascular disease and restenosis, has raised $2.98m in Series A equity financing. Backers include ACT I Investments, LLC, the Chattanooga Renaissance Fund, the Maclellan Foundation and its affiliates, the Medical Device Development […]
Socialbakers, a Pilsen, Czech Republic- and San Francisco, CA-based social and digital media analytics company, raised $2m in funding. The round was led by Earlybird Venture Capital. The company intends to use the funds to accelerate the business growth of its software-as-a-service (SaaS) based social media platform and further strengthens its position in global markets. […]
Propertybase, a Munich, Germany- and San Francisco, CA-based developer of Software-as-a-Service (SaaS) platform for real estate sales, has closed its second round of funding. The company intends to use the funds to further improve its products and expand internationally. Propertybase started its local operations in the US in August by opening an office in San […]
Authentix, an Addison, TX-based provider of brand protection, excise tax recovery, and supply chain security solutions, has completed a $15m Series C equity financing. Backers include existing shareholder The Carlyle Group, J.H. Whitney, Manti Holdings, and other shareholders including members of the company’s executive team. Authentix intends to use the funding to expand its Currency business […]