REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Red Lambda, Inc., an Orlando, Florida-based provider of network security software for enterprise, education, government and service provider organizations, has closed a $10m Common Stock financing. The round was led by Dr. Saad Al-Barrak, former Vice Chairman and Managing Director of Zain Communications, with participation from V2R Group, a U.S.-based company focused on the commercialization […]
Caringo Inc., a provider of object based storage software enabling clustered storage for digital content, has closed $5m in a new series of funding. The investment, from private sources and two Texas institutional investors, will contribute to the expansion of the Austin, Texas-based software company, which was founded in 2005 by Paul Carpentier, CTO, Jonathan […]
Convoke Systems, Inc., a San Francisco, CA-based provider of software that manages, automates, and accelerates accurate business information for the recovery of debt, has secured a $5.5m Series B round of financing. The round was led by Flybridge Capital Partners and QED Investors. In conjunction with the funding, QED Investors partner and former Capital One […]
Tri-O-Gen Group B.V., a Goor, The Netherlands-based producer of Organic Rankine Cycle (ORC) units which convert low value heat into high value electricity where heat would otherwise be wasted or cooled away to ambient air, completed a €4.5m financing round. The round, which was completed by Yellow& Blue Investment Management, a Dutch-based clean energy investor, […]
Cerenis Therapeutics SA, a Toulouse, France and Ann Arbor, USA-based biopharmaceutical company specializing in the research and development of novel therapies based on the metabolism of High-density lipoprotein (HDL or “good cholesterol”) to treat cardiovascular and other metabolic diseases, has raised €40m in the first close of its series C financing. In this round €20m […]
Immune Design Corp., a Seattle, WA-based biotechnology company focused on developing novel vaccines and immunotherapies for infectious disease and cancer, has secured $32m in Series B financing. The investment was led by ProQuest Investments, with participation from existing investors The Column Group, Versant Ventures, and Alta Partners. This latest round brings the total amount of […]
Illuminex Corporation, a Lancaster, PA-based company that develops advanced nanotechnology enabled devices, recently closed a $500,000 financing round from undisclosed investors. Combined with other State and Federal research grants, this funding will allow Illuminex to accelerate the development and commercialization of functional nanomaterials for commercial devices aimed at emerging alternative energy markets. These include lithium-ion […]
Zilliant, an Austin, Texas-based provider of price optimization and margin management solutions for B2B manufacturers, distributors, and industrial service companies, has completed $13m in financing. Investors include existing partners SMH Private Equity Group, ABS Ventures, Austin Ventures and Trellis Partners. The company will use the new capital to accelerate global expansion to meet customer demand. […]
CALIENT Technologies, Inc., a Santa Barbara, CA-based manufacturer of innovative Fiber Optic Cross-Connection Systems (FOCS) for telecommunications service providers worldwide, is raising an expansion-financing round of $10m, including support from its major existing investors. In conjunction with the funding, the company has named Arjun Gupta as Chairman and Gregory Koss as chief executive officer. New […]
Seminole Energy Services, LLC, a Tulsa, OK-based diversified natural gas service provider with operations spanning the natural gas value chain throughout the Mid-continent and into Appalachia, has received a “major” investment of undisclosed amount from Harvest Partners, LP. The proceeds from the financing will be used to fund acquisitions, finance accretive growth projects and repurchase […]
United Orthopedic Group, Inc., a global, privately-held holding company with diverse operations, including manufacturing and service divisions focused on non-invasive orthopedic and orthotic rehabilitation products, has received $20m comprised of a $10m growth capital loan and a $10 million revolving line of credit. The funds, which was provided by Oxford Finance Corporation, a subsidiary of […]
The European Investment Fund (EIF) has signed a guarantee agreement of over €60m to support a true-sale securitisation with loans to small- and medium sized enterprises (SME) in the UK. Lloyds TSB has securitised a portfolio of UK SME loans through Sandown Gold plc, a special purpose vehicle set up for this transaction. The static […]
Tech Coast Angels (TCA), an angel investing group, launched the SeedTrack IE program for the Inland Empire and surrounding communities. As a group, TCA generally invests $500,000 to $1m in early stage high-tech entrepreneurial startups with high growth potential, a proven revenue model, and a solid management team. Within the framework of this program, the […]
Zattikka Ltd., a London, UK-based creator of online social games, has raised $5.5m through its parent company Expedite 5, Inc. The investment was led by Notion Capital and a group of private individuals including Harald Ludwig. The company will use the funding to invest in recruitment, research and development and marketing to further broaden its […]
SeatGeek.com, a New York City-based web site that forecasts how sports and concert ticket prices move on the secondary ticket market, has raised $1m in Series A financing. Investors include early stage venture capital firms Founder Collective and NYC Seed, which join existing shareholders Stage One Capital, Trisiras Group, PKS Capital and angel investors Arie […]