middle market companiesPrivate EquityUSA

ettain group, inc., a Charlotte, North Carolina-based national IT Staffing and IT Talent Solution company, received an investment from New MainStream Capital, a New York and Dallas-based private equity firm. NMS will invest in ettain alongside management, and provide additional capital to further support its future growth through incremental resources, expanded service offerings and strategic […]

fundingNorwayStart Upventure capital

Xeneta, an Oslo, Norway-based price comparison service for sea freight, received an investment from Point Nine Capital. The amount of the funding was not disclosed. Founded in 2012 by Patrik Berglund, Thomas Sørbø & Vilhelm Vardøy, Xeneta leverages the principle of crowdsourcing to provide SaaS reporting tools that allow freight buyers to compare their prices against […]


Silicon Valley-based investment firm 500 Startups is launching a monthly speaker/meetup series to bring together members of the Lesbian, Gay, Bisexual, and Transgender (LGBT) tech community. Organized in partnership with StartOut, a nonprofit organization dedicated to creating great business leaders by fostering Lesbian, Gay, Bisexual, and Transgender entrepreneurs, and Galvanize, a tech entrepreneurial eco-system that […]

quote of the day

“Quality journalism businesses need to either take responsibility for their own high-quality advertisers and ads, or work with partners who do. There is no excuse for crappy network-served teeth whitening come-ons andone weird trick ads served against high quality content. Disastrous.“ Marc Andreessen, co-founder of Andreessen Horowitz, in his latest post “The Future of the News Business: A Monumental […]

USAventure capital

Venture capital firm DFJ promoted Heidi Roizen to a new Operating Partner position at the firm. In this new role, Roizen will oversee talent, marketing, business development and investment support roles at DFJ. She will also work with DFJ’s portfolio companies to provide strategic advice, manage portfolio investments and help identify new investment opportunities. Ms. […]

fundingStart UpUSAventure capital

Vires Aeronautics, a San Francisco, CA-based developer of an innovative airplane wing design, raised $1m in Series AA round of financing. The round was led by Draper Associates with participation from Lemnos Labs, VegasTechFund, Promus Ventures, Lance White, Don Hutchison, and Toivo Annus. The company will use the funds to grow operations. Founded in 2012. […]

fundingStart UpUSAventure capital

According to a filing with the S.E.C. (read here), Skillshare, Inc., a NYC-based provider of a community marketplace to create classes, raised $6.1m in funding. A total 11 investors who already have participated in the offering. Their names were not released. Previous investors included: – Union Square Ventures – Spark Capital – Founder Collective – […]

fundingStart Up

According to Hemerotek, Nextinit, a Madrid, Spain-based startup that provides a platform to share projects inside an organizations, raised €200k in funding. Backers included strategic investors Novanca and Stratesys, and private investors Tomás F. Serna, Orlando García, Alejandro Miranda, Pedro M. Díez y de Tella and Manuel González, among others. Created as a spin off […]

FrancefundingStart Upventure capital

Innovation Capital, a Paris, France-based investment firm, held the first closing of its latest fund at €40m. The fund, which has a final target of €100m, will primarily invest in European-based companies providing innovative healthcare services or solutions. The firm backs both early stage and later stage companies with strong growth prospects by investing up […]

fundingUKUSAventure capital

Abingworth, an international investment group dedicated to life sciences and healthcare, held the final closing of its £225m (approximately $375m) fund. Abingworth Bioventures VI (ABV VI), Abingworth’s 10th life sciences fund, exceeded its target of £200m with the majority of the funds coming from existing investors. It will focus on investing in life sciences and […]

fundingStart UpUSA

Ramen, a Boulder, CO-based startup that is building a crowdfunding site for software projects, closed its seed round of undisclosed amount. The announcement appeared on the company’s blog (read here). Backers included angel investors Matt Cutler, Jason Calacanis, and Naval Ravikant. The company will use the funds to bring its platform to market. Led by […]

fundingventure capital

China Cloud (Wuxi China Cloud Technology Service Co., Ltd.), a cloud infrastructure operator, received an investment from Intel Capital. The amount of the deal was not disclosed. The company intends to use the proceeds to continue to grow operations. China Cloud provides cloud-based IT solutions and outsourcing services to domestic and global customers. FinSMEs 28/02/2014

Chinafundingventure capital

BlueWhale (Tianjin Zhongke BlueWhale Information Technology Co., Ltd.) a Chinese provider of storage products and solutions for cloud and big data, received an investment from Intel Capital. The amount of the deal was not disclosed. BlueWhale provides next-generation network storage products and solutions for cloud and big data via innovative storage infrastructures and technologies including […]

fundingUKventure capital

Bowman Power, a Southampton, UK-based waste heat recovery technology business, raised £3m (approximately US$5.0m) in funding. Backers included existing shareholders Octopus Investments, Fjord Capital and a number of angel investors. The company intends to use the funds for global expansion (looking to move into new and potentially dynamic markets such as Brazil, India, and Indonesia) and […]