REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Mformation Technologies Inc., an Edison, New Jersey-based global provider of mobile device management (MDM) technology, has received a US$8m venture debt financing from Wellington Financial LP. As stated by President & CEO Todd DeLaughter, the financing will support the expansion of the company to expand and increase its rate of innovation. Mformation software solutions enable […]
Ulusal Faktoring A.S., an Istanbul, Turkey-based financial services company that focuses on providing financing for small-and-medium-sized companies across the country has signed an investment agreement with PineBridge Investments’ PineBridge Gateway Partners private equity team. With the investment, which is still subject to regulatory approvals, PineBridge will own a significant minority shareholder in the company. According […]
SoundCure, a San Jose, CA-based that develops innovative web-based technologies to treat patients with Tinnitus, closed a $3m funding round. The round was led by Allied Minds, Inc., a $250M private equity-funded innovation company with offices in Boston and Los Angeles. The company intends to use the funds to launch a new medical device capable […]
Mobiquity, a Boston, MA-based strategy-led, implementation-driven Mobile Computing professional services firm focused on architecting, developing and deploying custom mobile solutions for Global 2000 clients, has raised $5m in Series A funding. Investors include Longworth Venture Partners and Sigma + Partners. In conjunction with the funding, Paul Margolis, Partner at Longworth Venture Partners, and Robert E. […]
Alternative investment firm Abu Dhabi Capital Management has launched its first fund, which has a target size of $100m. The ADCM Secondary Private Equity Fund, which held its $30m first closing earlier this month, is expected to reach the final target in February 2012. The fund focuses on investing in secondary private equity funds in […]
Limos.com, an online marketplace for chauffeured transportation worldwide, raised $10m in venture capital financing from Austin Ventures. In conjunction with the funding, the company announced the release of its new corporate travel management product, Limos.com for Business, an online car service management product that offers advanced controls for corporate travel managers and direct access to […]
Artspace, a New York-based online marketplace for contemporary art, closed a $1.2m round of financing. Investors include Robert Pittman, Pamela P. Kramlich and her husband C. Richard Kramlich, Chairman and Co-Founder of New Enterprise Associates; Tim Mott, Co-founder of Electronic Arts; and Alexander Lloyd, Founder and Managing Partner of Accelerator Ventures. Co-founded by E. Vroom, […]
Tintri Inc., a Mountain View, Calif.-based developer of storage systems for virtual machines, has raised $17m in Series A and B funding. Investors include from NEA and Lightspeed Venture Partners. In conjunction with the funding, the company has launched its VMstore product, which is designed to allow enterprises to virtualize different kinds of mission-critical applications […]
MobiCart, a Newcastle upon Tyne, UK-based company that develops e-commerce technology for the mobile marketplace, has raised $500,000 in seed funding from the Finance for Business North East Angel Fund. The company, which launched an iPhone platform last year, plans to use the funds to launch technology for the Android and iPad in the next […]
Indochino, a Vancouver, BC, Canada-based apparel brand and online retailer of custom menswear, raised $4m in Series A financing. The round was led by Madrona Venture Group, with participation from existing investor Burda Digital Ventures. The company intends to use the funding to accelerate investment in technology and product development, expand its executive team, and […]
Adap.tv, a San Mateo, CA-based buying and selling video advertising platform, has closed $20m in financing. The round was led by Bessemer Venture Partners, with participation from existing investors Gemini Israel Funds, Redpoint Ventures and Spark Capital. The company intends to use the funds to expand its technology platform, intensify product development, and strengthen its […]
Apperian, Inc., a Boston, MA-based cloud platform that allows businesses to create, deploy, and manage applications for Apple iOS-powered devices, and (in the near future) Android, has closed a $9.5m venture financing round. Investors include North Bridge Venture Partners, Bessemer Venture Partners, Kleiner Perkins Caufield & Byers’ (KPCB) iFund, and existing backers CommonAngels and LaunchCapital. […]
CruiseCompare.co.uk, a Benton, UK-based website designed to help users find the best deal for their cruise holidays, has received £96k in financing from the Finance for Business North East Proof of Concept Fund. The company intends to use the funds to boost its internet and media profile. Launched in 2011 by former DFDS Seaways online […]
Fubles, a Milan, Italy-based social platform that connects people who organize with people who want to play team sports in their proximity, has raised €300k in angel funding. Investors include Elserino Piol (Pino Partecipazioni), Oliver Novick, Carmine Giangiulio, Marco Magnocavallo, and Giannandrea Cherubini. The company intends to use the funds to further develop the platform and grow […]
Prolexic Technologies, a Hollywood, Florida-based IT security provider of Cloud-based cyber defense solutions, completed a $13.9m financing. The round was led by Kennet Partners, which joined existing investor IPVG Corp. (PSE: IP). In conjunction with the funding, Javier Rojas, Managing Director at Kennet, and Gustavo Alberelli, Director at Kennet, will join the company’s board. Founded […]