REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
CrowdStar, a Burlingame, CA-based developer of social games on Facebook and mobile, has closed its $23m first round of funding. The round was co-led by Intel Capital, and Time Warner, with participation from China’s The9 and NVInvestments. The company intends to use the funds to invest broadly across all areas of our business, and particularly […]
Tolingo, a Hamburg, Germany-based online translation platform, has completed a second funding round of undisclosed amount. The round was led by Acton Capital Partners, with participation from existing investors Neuhaus Partners and KfW, via ERP Startfonds. Founded in 2008 by Managing Director Hanno von der Deckenand, who led the company along with Gunnar Piening, Tolingo operates a […]
Conversocial, a London, UK-based Social media management software company, has raised £1.5m in series A funding from venture capital firm DFJ Esprit. The company intends to use the funds to expand the company’s sales and marketing efforts, both in Europe and the US, as well as develop the product further. Conversocial provides a Software as […]
Ecovative Design, LLC, a Green Island, NY-based producer of home-compostable replacements for conventional petrochemical foams using mycelium as a self-assembling glue, has received an equity investment of undisclosed amount. Investors include 3M (through its 3M New Ventures business), Rensselaer Polytechnic Institute, and DOEN Foundation. The company intends to use the funding to scale its manufacturing […]
InterAct911, Inc., a Winston-Salem, NC-based provider of public safety incident response and management software, has received a US$7m venture debt financing from Wellington Financial LP. The company intends to use the proceeds from the financing to continue to grow and extend its product capabilities. Founded in 1975 and led by John McNulty, President and CEO, […]
MyCube, a Singapore-based social network that allows users to store and share their information and content with others retaining major privacy, ownership and control, has raised $8m in funding. Backers include Black Ocean Group and other prominent individual investors. The company intends to use the funding for team expansion coinciding with imminent beta launch of […]
Siano Mobile Silicon, a global provider of mobile digital TV receiver chips, has raised $20m in funding. The round was led by capital Jerusalem Venture Partners. The company intends to use the capital to bolster its product lines and expand its presence in North America. Led by CEO Alon Ironi, Siano provides digital TV receiver […]
Crimson Hexagon, a Cambridge, MA-based social intelligence company, has secured $5m in Series B funding. The round was led by Charles F. Dolan, founder and chairman of Cablevision Systems Corporation. The company intends to use the funding will be used for product development and growth within the media, financial services, public affairs, health and life science […]
Harvest Power, a North American producer of renewable energy and fertilizer products from organic waste, raised an additional $6m funding from SAM Private Equity. Founded in 2008 and led by CEO Paul Sellew, the company manages organic waste using an advanced technology platform that produces renewable energy, in the form of electricity and natural gas, […]
Revel Systems, Inc., a San Francisco, Calif.-based provider of iPad and cloud-based point-of-sale systems for the restaurant and retail industries, has closed a $3.7m round of funding. The round was led by DCM. The company intends to use the funding to expand sales and marketing, roll out new products, grow its tech sales and support […]
LiquidSpace, a San Francisco, CA-based location-based application that helps mobile workers find a space to work, has raised $3.6m in a Series A funding round. The round was led by Shasta Ventures, with participation from existing investor FloodGate. In conjunction with the funding, Tod Francis, Shasta’s Managing Director, joins the company’s board alongside Mike Maples […]
Keybroker, a Stockholm, Sweden-based online marketing specialist, has raised SEK30m in funding. Investors include Industrifonden, which invested SEK15m, and existing shareholder Investor Growth Capital. The company intends to use the funds for further international expansion. Keybroker has operations in Denmark, England and Italy and plans to expand in the USA during 2011. The company offers […]
Tripwire, Inc., a Portland, Oregon-based global provider of IT Security and Compliance Automation solutions, has been acquired by private equity investment firm Thoma Bravo, LLC. Following the transaction, whose financial details were not disclosed, the company’s current CEO, Jim Johnson, will remain in place to continue to expand the business. Through its IT security and […]
Oncofactor Corporation, a Seattle, WA-based developer of cancer therapeutics that disrupt signaling pathways between tumors and the immune system, has raised an undisclosed amount in Series A funding. This is the twelfth company backed by venture-capital-backed biotechnology investment and development company Accelerator Corporation and its first investment based on internal intellectual property developed at Accelerator. […]
Bombay Stock Exchange and and National Stock Exchange-listed Magma Fincorp Ltd., an Indian provider of financial products including financing of Utility Vehicles & Cars, Commercial Vehicles, Construction Equipments, Tractors and SME Loans, received an Rs 4400m investment. The financing was led by funds advised by Kohlberg Kravis Roberts & Co. L.P. (along with its affiliates, […]