REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
MapMyFITNESS, a Denver, CO-based company that offers comprehensive online and mobile fitness tracking applications, has raised $5.0m in a Series A financing. Following the round, which was led by Austin Ventures, the company intends to move its corporate headquarters to Austin, TX, while at the same time continuing its strong presence in Denver, CO. The […]
Urban Intern, a New York-based company that operates an online marketplace that connects companies with people seeking part time jobs, internships and freelance positions, has completed its round of angel financing. As also stated by Cari Sommer, who co-founded the company alongside Lauren Porat, Urban Interns will use the new capital to enhance its website, […]
EnterpriseDB, a Westford, Mass-based company provider of products, services, support and training based on the PostgreSQL open source database, has received a strategic investment from KT and has raised venture capital funding from TransLink Capital. The new funding will enable the company to expand its product and marketing operations. In conjunction with the investment, TransLink […]
Merkle, a Columbia, MD-based large customer relationship marketing agency, has received a minority equity investment from Technology Crossover Ventures (TCV). As a result of the transaction, Merkle gains access to TCV’s vast network, industry experience and funding to further enable the rapid expansion of its CRM, Marketing Technology and Digital Marketing capabilities. In conjunction with […]
Unite Private Networks (UPN), a Kansas City, MO-based provider of high-bandwidth, fiber-based communications networks, has signed a definitive agreement for a majority investment with Ridgemont Equity Partners, a new middle market buyout and growth equity firm. The new partnership will enable the business to continue to expand and serve new markets. UPN currently provides schools, […]
ClearCount Medical Solutions, a Pittsburgh, PA-based medical device company focused on patient safety solutions, closed its $5m Series B financing round. Investors include both new and existing sharoholders, with participation from its leading backer Draper Triangle Ventures. The company will use the funds to accelerate market penetration and research and development of its RFID-based patient […]
Institutional Venture Partners (IVP) has closed a $750m later-stage venture capital and growth equity fund. Following the strategy of the firm, IVP XIII will invest in rapidly-growing companies operating in the Internet and Digital Media, Communications and Wireless, and Enterprise IT sectors across the United States. Investments will range in size from $10m to $50m. […]
Apptio, a Bellevue, WA-based provider of on-demand Technology Business Management (TBM) solutions, raised $16.5m in an oversubscribed series C round of funding. The investment was led by Shasta Ventures, with participation from all existing investors including Andreessen Horowitz, Greylock Partners and Madrona Venture Group. The funding will be used to scale Apptio’s business across all […]
Sojern, an Omaha Neb.-based vertical travel advertising network that offers advertisers cross-channel marketing solutions, has secured $9m in new funding. The investment was led by Focus Ventures, Trident Capital and Norwest Venture Partners. The new capital will be used to expand Sojern’s product offerings which will provide enhanced solutions for its travel and advertising industry […]
eHi Car Rental, a Shanghai, China-based car rental company, has signed a US$70m agreement with a consortium of international investors. The investment was led by Goldman Sachs, with participation from existing investors Qiming Venture Partners, CDH Ventures, Ignition Capital, JAFCO Asia and New Access Capital. Commenting on the transaction, which is expected to complete soon, […]
Motionsoft, a Silver Spring, MD-based provider of membership management software and billing solutions to the active lifestyle industry including gyms, hospitals, and corporate wellness centers, has received a $5.5m investment from Edison Venture Fund. The new capital will be used to expand sales, marketing and development. The company currently serves over 2000 clients in the […]
Verdande Technology AS, a Trondheim, Norway-based provider of software for the oil and gas industry, has received a NOK 19.7m investment from Investinor. The company has developed a software platform based on a technology called case-based reasoning, which make it available large amounts of historical data for predicting adverse events before they occur, make corrections […]
Yottaa, a Boston, MA-based cloud-computing company that provides a solution allowing users to monitor, analyze and improve site performance, closed a $4m round of venture funding. Investors include General Catalyst Partners, Stata Venture Partners and CambridgeWest Ventures. The company, which was co-founded in April 2009, by Coach Wei, an expert of Web 2.0 and Rich […]
iContact, a Durham, North Carolina-based provider of email marketing services for small and medium sized businesses, has received a $40m Series B strategic investment from JMI Equity. The company provides email marketing software to over 65,000 customers across the globe. Its solutions simplify and automate the process of creating, sending and tracking email communications. As […]
Otonomy, Inc., a San Diego, CA-based clinical stage biopharmaceutical company developing novel drug therapies for disorders of the inner and middle ear, has closed a $38.5m Series B financing. The round was co-led by Novo Ventures and RiverVest Venture Partners, with participation from Domain Associates and TPG Biotech. This financing adds to the $10m Series […]