REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Cambridge Wireless, a Cambridge, UK-based independent wireless business and technology community, has been awarded an initial £50k funding for a multi-company research project under the government-backed Technology Strategy Board’s Internet of Things (IoT) Convergence initiative (www.innovateuk.org). The project, entitled “Cross domain IoT interchange Broker” and led by Graham Fisher, is designed to explore how data […]
Litorina IV is acquiring the majority shareholding in Fiskarhedenvillan Group, a Borlänge, Sweden-based supplier of one-family houses from Polaris Private Equity. Following the transaction, the company’s management has remained as joint owner. Founded in 1993 and led by CEO Gunnar Jönsson, Fiskarhedenvillan has grown from its original local markets in Dalarna and Mälardalen to the […]
Oldelft Ultrasound, a Delft, The Netherlands-based medical diagnostic company, has received a a majority investment from Gimv. The amount of the transaction remained undisclosed. Gimv, which invested alongside the existing management team of the company, has acquired its stake from AlpInvest. It intends to support Oldelft’s plans for further innovation and international growth. Led by […]
dbg, a portfolio company of UK lower middle market investor Synova Capital has acquired TAG Medical for an undisclosed amount. Based in Nottingham, UK, TAG provides on-site testing and calibration services for key medical equipment at over 3000 site locations, focussing on the GP, hospital and pharmacy markets. The company has over 2500 customers, the […]
HCP & Co., a middle-market private equity firm based in Chicago, has acquired Career Training Academy Inc., a career school providing students with professional skills for careers in allied health, for an undisclosed amount. Mr. Bill Rooney, Career Training Academy’s CEO, partnered with HCP in the acquisition and will take over day-to-day operations. CTA offers […]
Investment firm Russian Venture Company Biofund and Quintiles, a Moscow-based biopharmaceutical services company, have signed a deal to support expansion of clinical development services companies within the Russian Federation. The partnership is designed to create high-technology services companies to advance biopharma, using RVC Biofund venture capital investments. Established last year by Russian Venture Company, a […]
According to a written statement, Firsthand Technology Value Fund, Inc. (Nasdaq:SVVC) has completed an additional investment in Facebook, Inc. The fund increased the size of its largest holding. With the closing this week of a 50,000 share purchase, the fund now owns 200,000 shares of the Menlo Park, California-based social networking company, which filed for […]
Dell Inc. (NASDAQ: DELL) has acquired backup software technology company AppAssure for an undisclosed amount. Founded in 2006 and based in Reston, Va., AppAssure provides application protection solutions for virtual, physical and cloud infrastructures. The acquisition is designed to further extends Dell’s comprehensive storage and software strategy after that the company has taken significant steps […]
KeyImpact Sales & Systems, Inc., an American independent foodservice sales and marketing agency, has closed a minority equity investment from Eos Partners, L.P. and its affiliates, a New York based private investment firm. The terms of the transaction were not disclosed. The company intends to use the funding to expand geographical coverage, service offerings and […]
CrowdStrike, a Kirkland, WA-based security technology company focused on helping enterprises and governments protect their most sensitive intellectual property and national security information, has launched in stealth-mode with $26m Series A funding. The round was led by Warburg Pincus. Co-founded by George Kurtz (CEO) (http://www.georgekurtz.com/), an Executive in Residence at Warburg Pincus, Dmitri Alperovitch (CTO) […]
Milyoni, a San Francisco Bay Area-based start up that provides entertainment companies with a new way to connect and engage with Facebook fans, and turn them into customers, has raised $11m in Series B financing. The round was led by Oak Investment Partners, with participation from existing investors ATA Ventures and Thomvest Ventures. Milyoni intends […]
Launched in 2009, Munich-based start-up crossvertise provides a cross-media booking platform for advertising media. Recently, it received an investment from High-Tech Gründerfonds and BambooVentures (read here). We met CEO Matthias Völcker, who frankly told us a little bit more about the company, the product and the team, the funding and future plans. FinSMEs: Hello, Matthias, […]
Pinger, a San Jose, CA-based company that provides free texting and talking apps, has raised $7.5m in funding from T-Venture. The company, which was previously backed by Kleiner Perkins Caulfield & Byers and DAG Ventures, intends to use the new capital to expand on other platforms beyond iOS and around the world, mainly in Europe. […]
B5M, a Shanghai, China-based social shopping search engine, has raised $7.1m in Series A funding. The round was led by Oak Investment Partners and Giosis Holdings. The company intends to use the funds for website development, marketing and ongoing innovation efforts. Founded in 2007 by serial entrepreneur CEO Yeogirl Yun, B5M, which means “help me […]
Integrated Diagnostics, a Seattle, WA-based developer of leader in molecular diagnostics, has raised $10m in the third tranche of its Series A financing. The company plans to use the funds to complete clinical development of its in vitro proteomic-based diagnostics programs and prepare for them for commercialization. The capital will also be used to advance […]