REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Financial services software company FNZ Holdings Ltd has received a minority equity investment from General Atlantic, H.I.G. Europe and the management team. The amount of the transaction remained undisclosed. The investment is designed to help the company continue to invest in further innovation and expand into Asia and other key geographies. Led by CEO Adrian […]
XCOR Aerospace, a Mojave, CA-based company that develops and produces reusable rocket powered vehicles, propulsion systems, advanced non-flammable composites and other enabling technologies, has closed a $5m funding. Backers include Esther Dyson, Pete Ricketts (co-owner of the Chicago Cubs) and several Silicon Valley entrepreneurs and former venture capitalists. The round is designed to fund the […]
ROAM Data, a Voston, MA-based provider of solutions that allow merchants to accept card payments on mobile devices, has received an investment of undisclosed amount from Ingenico (Euronext: FR0000125346 – ING). With Ingenico’s cash infusion and strategic partnership, ROAM intends to provide additional products and services and jointly offer its mCommerce solutions to payment service […]
Cambridge Broadband Networks Limited, a Cambridge, UK-based manufacturer of point-to-multipoint packet microwave backhaul solutions for mobile broadband network operators, has secured a $7.0m line of credit from Silicon Valley Bank, the commercial banking division of SVB Financial Group (Nasdaq: SIVB). The financing will be used to support the company’s continued growth into new geographical markets […]
Connecticut Innovations (CI), the state’s authority responsible for technology-based economic development, recently launched the $4m Connecticut SBIR Acceleration and Commercialization Program. The program, which is supported with $1.8m in funding from the State and $2.2m from CI, is intended to provide entrepreneurs and small businesses participating in the federal Small Business Innovation Research (SBIR) program […]
Castlerock Recruitment Group Limited, a St Helens, UK-based healthcare recruitment business, has received an investment of undisclosed amount from the North West Fund for Development Capital (NWFDC), managed by YFM Equity Partners. The company intends to use the funding to add staff to support recent contract wins ( such as the one with General Healthcare […]
Ruckus Wireless, a Sunnyvale, CA-based provider of advanced wireless systems for the mobile Internetworking market, has secured $21.7m in financing. The round was led by new investors Meritech Capital Partners and SingTel Innov8, a wholly owned subsidiary of the SingTel group, with participation from existing investors. This investment brings the total amount raised by the […]
TPG Mt. Vernon Marine, LLC, an Indianapolis, Indiana-based harbor services business, has received an investment from Platte River Ventures and the incumbent management of the company. The investment is designed to help TPG grow through both organic growth and strategic acquisitions. Led by CEO Dan Altman, the company owns or leases eleven vessels and a […]
Game Closure, a Palo Alto, CA-based developer of HTML5-based cross-platform game technology, has closed a $12m Series A financing. The round was led by Highland Capital Partners, with participation from Greylock, Benchmark, General Catalyst, and Charles River Ventures. The funds will be used to double in size over the next six months, with a focus […]
Luxtera, a Carlsbad, California-based fabless semiconductor company, has closed a $21.7m Series C financing. Backers include NEA, August Capital, Sevin Rosen Funds, and Lux Capital, as well as new investor Tokyo Electron, and an undisclosed industry veteran. The company intends to use the funding for design win opportunities and market adoption increase of its Silicon […]
Private equity firm 3i and its funds have acquired a majority stake in GEKA, a Bechhofen, Germany-based manufacturer of brushes, applicators and comprehensive packaging systems for the cosmetics industry, for an undisclosed sum. The seller is Halder, an investor focused on medium-sized businesses. With the transaction, which is still subject to competition approval, 3i intends […]
Vaultive, a NYC-based provider of cloud data encryption solutions, has completed a $10m funding. The round was led by .406 Ventures, New Science Ventures and Harmony Partners. Maria Cirino of .406 Ventures, and Somu Subramaniam of New Science Ventures, have joined Vaultive’s Board of Directors. Following the round, security industry leader Elad Yoran, who initially […]
Wayin, a Denver-based social engagement service, has closed a $14m Series B funding. The round was led by U.S. Venture Partners, with participation from: TIBCO Software; Wilson Sonsini Goodrich and Rosati; Burt Sugarman; Michael Meldman; Ben Van de Bundt; Doug Burgum; Greg Jamison; Jim Gray; and Christian Lawless, among others. The company has raised $20 […]
windeln.de, a Germany-based online shop for baby products, has completed a new high seven figure financing from existing investors. Backers include Acton Capital Partners, DN Capital and High–Tech Gründerfonds. The company intends to use the funding to further extend the product range (including car seats, strollers and baby clothing), and continue to invest in brand […]
PeopleMatter, a Charleston, S.C.-based provider of talent management solutions, has raised $14m in Series C funding. The round was led by Morgenthaler Ventures, with participation from existing investors Noro-Moseley Partners, C&B Capital, Intersouth Partners and Harbert Ventures. The company intends to use the capital to continue to accelerate its product- innovation and customer-acquisition strategies. Led […]