REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Magnify.net, a NYC-based provider of a video curation, publishing, and monetization platform, has opened a round of funding. The investment is being led by Chris Kelly, the former General Counsel of Facebook. Led by Steven Rosenbaum, CEO, Christopher Conetta, General Manager, and Kimberly Peterson, Chief Technology Officer, Magnify.net provides SaaS-based video curation solutions to the […]
Tomfoolery Inc., a San Francisco, CA-based developer of mobile software for work, raised $1.7m seed funding. The round was led by Morado Ventures and Sam Pullara, Twitter & Yahoo veteran, a Managing Director at Sutter Hill Ventures, with participation from Andreessen Horowitz, Jerry Yang of AME Cloud Ventures, Brad Garlinghouse, CEO of YouSendIt, David Tisch, […]
crystalsol, a Vienna, Austria- and Tallinn, Estonia-based developer of a new type of flexible photovoltaic film, closed an €8m Series A financing round. The round was led by led by Conor Venture Partners, with participation from Arax Capital Partners. Public funds also contribute to the round. The company intends to use the capital to continue […]
Astia, a San Francisco, CA-based not-for-profit organization organization that aims to propel women’s full participation as entrepreneurs and leaders in high-growth businesses, launched an angel investor network. Astia Angel, which includes both female and male business angels located globally, focuses on investing in women-led, high-growth ventures in technology, life science and consumer industries. The network […]
The Canadian Government will launch a new program to recruit innovative immigrant entrepreneurs. The Start-Up Visa Program aims to be an incentive to attract individuals with great potential who can have a real impact on the Canadian economy by providing them with permanent residency and immediate access to a wide range of business partners. Starting […]
San Francisco, CA-based private equity firm Serent Capital closed its second fund, at $350m. Serent Capital II, L.P., which exceeded its original target of $300m, focuses on investing in high growth service businesses such as shifting distribution, sourcing, staffing models and technology enablement. Founded in 2008 by David Kennedy and Kevin Frick, Serent Capital now […]
Ringadoc, a San Francisco, CA-based provider of innovative on-demand medicine solutions, raised $1.2m in seed funding. The round was led by Founders Fund‘s FF Angel. The company intends to use the capital to develop the ability for doctors to provide cross-coverage care and premium access to paying patients, and increase adoption from doctors. Led by Jordan […]
FanDuel, Inc., a New York-based daily fantasy sports game operator, closed a $11M Series C financing. Backers included new investor Comcast Ventures, existing investors Piton Capital, Pentech Ventures, Bullpen Capital and serial investor Richard Koch. In conjunction with the deal, Andrew Cleland, a partner at Comcast Ventures, the venture capital arm of Comcast Corporation, has […]
Giftango Corporation, a Portland, Ore.-based digital gifting solutions provider, was acquired by InComm, a prepaid product and transaction services company. The transaction, whose amount was not disclosed, is designed to expands InComm’s reach into ecommerce gift card sales and distribution through high volume channels. Giftango will become a wholly owned subsidiary of InComm and will […]
Crashlytics, the Cambridge, Massachusetts-based provider of crash-reporting solutions to mobile developers, is merging with Twitter. The amount of the deal was not disclosed. According to a post appeared on the Crashlytics’ blog (read here), which was co-signed by the two co founders, Jeff Seibert (CEO) and Wayne Chang (Chairman), the company will continue to deliver […]
DB Networks, a San Diego, CA-based provider of a security platform for real-time advanced database attack detection, raised $4.5m in Series B funding. The round was led by Khosla Ventures and Shirish Sathaye, general partner at Khosla, has joined the company’s board. DB Networks intends to use the capital to roll out the product and expand its […]
Oceans Healthcare, a Louisiana-based provider of psychiatric facilities for geriatric patients, closed a $17m round of strategic growth equity financing with General Catalyst Partners. The company will use the financing for its geographic expansion. In conjunction with the transaction, David Fialkow, Brian Shortsleeve, Gabe Ling, and Charlie Baker, all of General Catalyst Partners, will join Oceans’ […]
Atomic Reach, a Toronto, CA-based content marketing startup, secured $1.25m in seed funding. The round was led by Genwealth Venture Partners with participation from the Investment Accelerator Fund (IAF). The company intends to use the capital for the development of its new platform (v3.0), scheduled to be launched in early spring and the expansion of its […]
Purchasing Platform, LLC, a Chicago, IL-based procurement company focused on the real estate industry, closed a $565k seed funding. Backers included various angel investors. The company intends to use the capital to complete the development of its ecommerce platform and and build-out its business development, client support, and procurement teams. Led by founder and CEO […]
LEDeXCHANGE GmbH, a Rheinbreitbach, Germany-based company that develops and produces LED lighting products, has received seed financing from High-Tech Gruenderfonds. The company intends to use the capital, whose amount was not disclosed, to fulfill existing contracts and expand its sales activities. Founded in 2011 and led by Mathias Gladner, Managing Director, LEDeXCHANGE specializes in LED […]