REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
StemCyte, Inc., a Covina, CA- and Ewing, NJ-based operator of a cord blood stem cell bank, has closed an up to $2.5m working capital line of credit with Peninsula Bank Business Funding (PBBF). The company, a client of PBBF since July of 2009, intends to use the new credit facility for its capital obligations and […]
One on One Marketing, an American Fork, Utah-based on-line marketing platform for web-based educational institutions, has received an investment of undisclosed amount from Rockbridge Growth Equity, LLC. Established in 2002, One on One Marketing serves for-profit educational clients through its portal, www.ClassesandCareers.com, as well as through other traffic channels, including content-rich web sites and a […]
Welocalize, a Frederick, Maryland-based provider of global translation supply chain management solutions, has received a $34m investment from Riverside Partners. The company intends to use the funds to support growth initiatives including investment in technology systems and potential add-on acquisitions. Founded in 1997, Welocalize employs over 400 people in 9 offices located in the USA, […]
Miroi AB, a Luleå, Sweden-based in adult education and job matching provider, has received a majority equity investment from Via Venture Partners. As stated by Miroi’s MD, Jan Aspvik, the support, of undisclosed amount, is intended to enable the company to expand its activities including labour market training, adult education and job matching. Following the […]
Stipple, a San Francisco, Calif.-based company that provides free tools to label the content of pictures on the web, has closed a $2m seed financing round. The investment was co-led by Kleiner Perkins Caufield & Byers (KPCB) and FLOODGATE, with participation from Naval Ravikant, Eghosa Omoigui, Global Brain Corporation, Quest Venture Partners, Parkview Ventures, John […]
Smartdate.com, a Paris, France-based dating site, has secured a further $5m in Series A funding. This round was led by Pierre Kosciusko-Morizet and Pierre Krings, co-founders of PriceMinister, a French eCommerce site, with participation from existing backers. In February 2010, the company secured $2,5m in seed investment from 360 Capital and international business angels. Smartdate.com […]
The Better Advertising Project, Inc., a New York-based company designed to enable a more trusted environment for business and consumers in the online ecosystem, has raised $9.5m in a financing round. The round was led by Warburg Pincus, with participation from members of the company’s management team. The company intends to use the capital to […]
Octopus, a UK-based venture capital firm whose portfolio includes Bowman Power, Michelson Diagnostics and Elonics has hired equity analyst Simon Andrews. Mr. Andrews will work alongside Simon Murdoch and Alex Macpherson to provide venture development and portfolio management across Octopus’ entire portfolio of investments. According to a press release, he will assess the ongoing needs […]
Select-TV, a Kuala Lumpur, Malaysia-based provider of IPTV technologies to the hospitality and home markets, has agreed to receive an investment of undisclosed amount from Intel Capital and the MAVCAP fund. As also stated by Select-TV CFO Chin Fung Wei, the capital infusion, which is still subject to the satisfaction of customary conditions, would allow […]
WinChannel, a Beijing, China-based provider of marketing management solutions for the consumer goods industry, has agreed to receive an investment of undisclosed amount from SIG Asia Investment and Intel Capital. This proceeds from the investments, which are still subject to various closing conditions, will be used to support WinChannel’s R&D and business development as the […]
Rock Flow Dynamics (RFD), a Moscow, Russia-based company that develops software for the petroleum industry, has received a US$2m Series A financing from Intel Capital. The company intends to use the proceeds from investment to expand sales and marketing operations worldwide, starting with the opening of a representative office in Houston, Texas. In addition, the […]
De Novo,LLC, a Kiev, Ukraine-based enterprise-class data center provider, has received an equity investment from Intel Capital and International Finance Corporation (IFC). The IFC, a member of the World Bank group, has committed $3.5m. The amount of Intel Capital’s investment was not disclosed. They became the companys’ minority investors. The overall scope of investments in […]
Layar, an Amsterdam, Netherlands-based company that develops an Augmented Reality App, has closed a €10m Series B funding round. Investors include Intel Capital and the company intends to use the new capital to further develop its platform. Operating one of the largest augmented reality platform available on Android, iPhone and Bada devices, Layar works […]
IPTEGO, a Berlin, Germany-based supplier of Next Generation Network optimization software, received an equity financing of undisclosed amount from Intel Capital. The company intends to use the new capital to further accelerate its growth in the United States and into Asia. The investment is a second closing of its first institutional investment round led by […]
MooBella, Inc., a Taunton, MA-based developer and supplier of a creamery machine’s multi-patented technology that allows consumers to make their own ice cream in less than a minute, has secured $9m in funding from Geneva-based Inventages. This funding will allow the company to continue to expand penetration within the core foodservice channels and advance its […]