REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Ardian Investment is to acquire Italmatch Chemicals, an Italian specialty chemicals manufacturer, from Mandarin Capital Partners (owner of a 67.6% stake) and the Malacalza family. The investment will support plans for further international growth, particularly in the U.S. and Asia. The senior management, including Italmatch CEO Sergio Iorio, will retain a 12% stake in the […]
According to a new report by Accenture (NYSE:ACN) and the Partnership Fund for New York City, New York’s most promising opportunity for technology leadership could be in financial services. Global fintech investment tripled between 2008 and 2013 from $928m to $2.97bn and is expected to double again to between $6bn and $8bn by 2018. The […]
Wickr, a San Francisco, CA-based provider of a communication platform, raised $30m in Series B financing. The round was led by Jim Breyer, the Founder/CEO of Breyer Capital, who is joining the board, with participation from CME Group and Wargaming and current investors Alsop Louie, Juniper Networks, the Knight Foundation and Riverwood. The company intends […]
BlockScore, a Menlo Park, CA-based maker of identity-verification and anti-fraud technology for online businesses, raised $2m in seed financing. Backers included Battery Ventures, Khosla Ventures, Lightspeed Venture Partners, New Atlantic Ventures, Boost VC, Y Combinator and several angels. The company intends to use the funds for product development and sales expansion. Founded in 2013 by […]
Deliveroo, a London, UK-based food delivery platform, closed £2.75m Series A funding. The round was led by Index Ventures with participation from Hoxton Ventures, JamJar Investments, Greg Marsh, the founder of onefinestay, and Arnaud Bertrand, the founder of HouseTrip. In conjunction with the funding, Index Martin Mignot, joined Deliveroo’s board. The company intends to use […]
The Bouqs Company, a Los Angeles, CA-based online flower delivery service, raised $6m in Series A financing. The round was led by Azure Capital Partners with participation from KEC Ventures. In conjunction with the funding, Paul Ferris, General Partner at Azure Capital Partners, will join the Board of Directors. The funding will be used to accelerate […]
UrbanSitter, a San Francisco, CA-based online and mobile service for parents and sitters to connect through people they know, closed $200k in funding. Ashton Kutcher and Guy Oseary’s A-Grade Investments provided the funds, which followed UrbanSitter’s recent $15m Series B round. The investment brought total funding to $22.95m. Led by Lynn Perkins, CEO, the company […]
IgnitionOne, a NYC-based digital marketing tech company, closed $20m in Series B funding. The round was led by SoftBank Capital with participation from existing investors ABS Capital Partners and Brown Savano. The company intends to use the funds to make strategic acquisitions, accelerate innovation of its Digital Marketing Suite technology and expand sales and marketing […]
Curiyo, a Jerusalem, Israel-based provider of an online content discovery and curation platform, raised $1.9m in seed funding. Backers included OurCrowd, Cedar Fund, Morton Meyerson of 2M, Kima Ventures, Tom Glocer, who joined the advisory board, Gigi Levy, JumpSpeed Ventures, and other private investors. Founded by Bob Rosenschein, founder and former CEO of Answers.com, which […]
Dune Medical Devices, a Westborough, MA-based provider of medical device for real-time breast cancer detection, has completed the first of a two stage $21m equity financing. The initial closing was completed for $14m with a second tranche of $7m to be completed by October 2014. Backers included the Kraft Group and Canepa Advanced Healthcare Fund, […]
CoPatient, a Portland, Oregon-based consumers’ trusted healthcare spending advisor, completed a $3.6m round of Series A financing. The round was led by .406 Ventures with participation from returning investors Jonathan Bush, CEO of athenahealth, and Cambia Health Solutions. The company intends to use the funds to grow operations. Led by Katie Vahle and and Rebecca […]
GE (NYSE: GE) has launched Frost I3, a new Industrial Internet incubator with Frost Data Capital. Frost I3 aims to create and grow up to 30 new startups over the next three years. The incubator will provide funding, resources and expertise to launch companies focused on industrial technologies and solutions that accelerate the advancement of […]
CareCloud, a Miami, FL-based provider of electronic health records and medical billing software and services, received a $25.5m debt financing. Hercules Technology Growth Capital (NYSE: HTGC), a specialty finance company focused on lending to venture capital-backed companies in technology-related markets, including technology, biotechnology, life science, and energy & renewable technology industries, at all stages of […]
Tastemade, a Santa Monica, Calif.-based digital media startup, raised $25m in Series C funding. The round was led by Scripps Networks Interactive (NYSE: SNI) with participation from Liberty Media (NASDAQ: LMCA), Redpoint Ventures, Raine Ventures and Comcast Ventures. The company intends to use the funds to grow the business. Led by Larry Fitzgibbon, co-founder, Tastemade provides […]
WellAware, a San Antonio, Texas-based end-to-end remote monitoring and predictive analytics platform for oilfield intelligence, secured an additional $37m of growth equity funding. The round was co-led by Activant Capital Group and Carlos Slim, with participation from strategic investors and WellAware board members Mr. Ed Whitacre Jr., and Mr. Dick Cheney, former Vice President of […]