REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Just-Eat, a London, UK-based online takeaway ordering service, has closed a $64m (approximately €48m) financing. The round was led by funds managed by Vitruvian Partners, with participation from Index Ventures, Greylock Partners and Redpoint Ventures. The company intends to use the funding to continue for growth, geographical expansion and product innovation. Led by CEO Klaus […]
First Active Media Limited, an Ashton-in-Makerfield-based company that operates a female fashion and lifestyle website (http://www.femalefirst.co.uk/), has received a total of £375k in funding. The North West Fund for Digital & Creative, managed by AXM Venture Capital Limited, has made a £350,000 equity investment alongside a further £25,000 of equity from new management. David Sharrock, former chief […]
CloudXL, a Basildon and London-based provider of cloud based IT and Network services to the SME sector and a portfolio company of UK lower middle market investor Synova Capital, has received new new debt facilities from Clydesdale Bank. The company provides hosted, network and managed IT services to the UK SME market specializing in virtualization, […]
According to reports, Duetto Research, a San Francisco, CA-based big data company focused on the travel industry, recently raised $2.1m in seed funding. The round was led by Trinity Ventures, with participation from Battery Ventures, Benchmark Capital, Quest Hospitality Ventures, and individual investors including: Marc Benioff, Parker Harris, Rich Barton, Steve Blank, Mark Lomanno, Brad […]
London-based Restaurant and cafè operator Rex Restaurant Associates Limited has received a £21m investment from UK mid-market private equity firm Graphite Capital. Owned by Chris Corbin and CEO Jeremy King, Rex operates The Wolseley, a café-restaurant on Piccadilly, and The Delaunay, an all-day café-restaurant on the corner of historic Drury Lane and The Aldwych. and has three ambitious projects in the […]
Intermedia, a NYC-based Microsoft Exchange hosting provider and global leader in cloud services, received a strategic investment from Nokia Growth Partners. The investment will help the company broaden its opportunities in the global mobility space. Founded in 1995, acquired by Oak Hill Capital Partners in May 2011, and led by Phil Koen, CEO, Intermedia provides […]
Positron Dynamics, a company that focuses on enhancing the production and collection of positrons, a class of elementary particles with several applications, received an up to $350k grant from the Thiel Foundation. The foundation awarded the funding through Breakout Labs, its new revolving fund designed to promote innovation in science and technology. Founded in 2011 by […]
Middle market investment firm Graycliff Partners has acquired a majority stake in Skandia Inc., a Davis Junction, Illinois-based provider of products and services for the aviation industry. Acquisition financing was provided by East West Bank and Brookside Mezzanine Partners. The amount of the transactions remained undisclosed. Founded in 1983, and led by Gary Palmer, President, the company makes products […]
Net Element (OTCQB: NETE), a technology services provider and Internet publisher, has received a $2m investment from Igor Krutoy. The proceeds will be used to fund the launch – in July – of Music1.com, an online music destination and entertainment discovery platform for CIS countries. Krutoy, an award-winning composer of nationally recognized soundtracks and founder and owner […]
Yodil, Inc., a Charlotte, NC-based provider of business intelligence (BI) and operational and management reporting to the insurance industry, has completed its second funding. The round was led by a private group of unnamed industry-leading veterans. The company intends to use the funding to expand sales and development efforts. Led by CEO Fred Waite, Yodil integrates insurance knowledge with […]
Hemenkiralik.com, an online marketplace for people to list, and book short-term rentals in Turkey, has received an investment from 212 Capital Partners, the early-stage venture capital fund advised by 212 Ltd. Founded by Remi Onur, Mehmet Ulku, and Alper Kaya, Hemenkiralik.com assists users in finding accommodation during their stay in Turkey: homeowners can list their available […]
TalentSprint, a Hyderabad and Chennai, India-based company that offers employability programs to young professionals for the IT and BFSI industry, has raised INR 20 Crores in Series A Funding from Nexus Venture Partners. Co-founded by industry veterans Madhumurty Ronanki, CEO and Managing Director Santanu Paul, and J.A. Chowdary, TalentSprint offers programs – delivered by industry […]
London, Birmingham and Manchester-based ISIS Equity Partners has held the final close of its latest institutional fund, ISIS V, at £360m. ISIS V has a globally diversified investor base with Limited Partners including insurance companies, fund of funds, family offices and pension funds from the UK, Europe, the US and Asia committing to the fund. […]
Get Me Listed, a Montreal, Canada-based local search analytics platform, has raised seed financing. The round was led by Mark Macleod, General partner of Real Ventures, with participation from internet entrepreneurs Yona Shtern and Robert Gold of Beyond the Rack, as well as Sterost Holdings, the angel investment arm of 2 prominent Montreal-based entrepreneurs. The […]
AVOS Systems, Inc., a San Mateo, CA-based internet start up, has closed a Series A venture capital financing of undisclosed amount. The round was led by New Enterprise Associates (NEA) and Google Ventures, with participation from Madrone Capital and China-based incubator Innovation Works. The company intends to use the capital to hire new people and […]