REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Varolii Corporation, a Seattle, WA-based provider of interactive text, voice and email communication solutions for customers and employees, has closed an $8m Series D financing round. Investors include existing backers BlueRun Ventures, Draper Fischer Jurvetson, Institutional Venture Partners and InterWest Partners. The company intends to use the funds to accelerate the development of new capabilities and […]
BrightWhistle Inc., an Atlanta, Ga.-based provider of an online customer and patient acquisition management platform, has raised $1.1m in seed funding. The round was led by Hamilton Ventures, with participation from Eastside Partners and other angel investors including Paul Iaffaldano. The company intends to use the funding to continue to grow in the health services sector, […]
New York-based private equity firm New Mountain Capital acquired a majority stake in SNL Financial, a Charlottesville, Virginia-based provider of sector-focused information services. The investment, whose amount wasn’t disclosed, will support SNL in accelerating its growth plans, continuing product development initiatives, and providing liquidity to existing shareholders. Founded in 1987 by Reid Nagle and led […]
Boston, MA and Vevey, Switzerland-based social network eegoes, has raised €1m in a second round of funding. Investors include Projectra Ltd (represented by Frederick Igbinedion), GTA Capital SA (represented by Christophe Couasse) and Rainbow Holding company LLC. The company intends to use the funds to complete the development of its portal including mobile smartphone functionalities and […]
Complete Solar Solution, Inc., a San Carlos, CA-based retailer of residential solar power systems, has received a Series A funding from FLOODGATE. The company intends to use the capital, whose amount remained undisclosed, to increase sales and further develop HelioQuote(TM), its proprietary solar electric design and sales platform. Led by CEO Will Anderson, Executive Chairman […]
NuMe Health LLC, a New Orleans, LA-based biotechnology company developing prebiotic products for the dietary supplement and health food markets, has closed a $675k Series A-1 financing round. The round, which was led by BVM Capital LLC, represents the first closing of a larger Series A funding. Ross Barrett, general partner at BVM Capital is also […]
BIOACTOR B.V., a Maastricht, Netherlands-based health ingredients company, has closed a €2m Series A financing round. Investors include ICOS Capital, Nedermaas Ventures and Limburg Ventures. Hans van der Saag, the Company’s CEO and founder, also participated in the funding. The company intends to use the funds to launch its first product BONOLIVE, an innovative health ingredient […]
WhiteHat Security, a Santa Clara, California-based provider of Web security solutions, has received an $8m equity financing from Investor Growth Capital (IGC). The company plans to use the proceeds to hire new staff (https://www.whitehatsec.com/abt/careers.html) and open a new regional office, which will include a Threat Research Center, in Houston, Texas. Founded in 2001 and led […]
we7, an Oxford, UK-based cloud-based music streaming service that allows users to create personal radio stations, recently closed a new funding. Investors include current backers Peter Gabriel and Eden Ventures, and new shareholders Qualcomm Ventures and Pentech Ventures. The company is using the new capital to further grow in the UK and expand into new […]
Redkite Financial Markets, a London, UK-based provider of surveillance solutions for the global financial services sector, has raised a Series A funding from DFJ Esprit. The company intends to use the funds to expand its marketing and development efforts. Founded in 2009, Redkite Financial Markets provides a product – Redeye – that equips financial institutions […]
Wordnik, a San Mateo, CA-based developer of an innovative word navigation system, has raised $8m in its Series C venture capital funding. This investment brings the total amount raised by the company to date to $12.8m. The round was led by new investor Lucas Venture Group, with participation from Mohr Davidow Ventures, FLOODGATE, Baseline Ventures, […]
TelePacific Communications, a Los Angeles, CA-based Integrated Communications Provider (ICP) serving business customers in the western United States, has received a $125m equity investment from Investcorp. This transaction brings the total amount the company has secured in financing in the last 12 months to more than $200m. TelePacific intends to use the proceeds from the investment […]
Bioscience Vaccines Inc., a Purdue Research Park of West Lafayette, IN-based life science company focused on improving the efficacy of vaccines, has raised $150k from the Emerging Innovations Fund. Founded in 2009 by Anthony Hubbard, acting president and CFO; Amy Overby, vice president of business development and operations; Rae Record Ritchie, vice president of research; and Mark […]
Quid Inc., a San Francisco, CA-based developer of software that locates, collects, organizes, models and visualizes vast amounts of open information from around the world, has completed a $10m Series C funding round. Backers include Atomico, Ron Conway, Endeavour Vision, Infocomm Investments, Founders Fund, and Charles Lho. The company intends to use the funding to […]
ZeroTurnaround, a Tartu, Estonia-based provider of productivity enhancing solutions for the Java community, has raised an equity funding of undisclosed amount. Investors include Bain Capital Ventures and angel investors, including Salil Deshpande. Bain Capital Ventures’ backing includes a buyout of Webmedia Group’s ownership in the company. ZeroTurnaround intends to use the capital to expand in […]