REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Motif Investing, a San Mateo, CA-based provider of an investment platform that enables individuals to invest in ideas, has raised $20m in Series B financing. The round was led by Ignition Partners, with participation from existing investors Norwest Venture Partners and Foundation Capital. On July 7, Motif announced the close of a $6m Series A […]
Bojangles’, a Charlotte, North Carolina-based quick service restaurant operator, has signed an agreement to receive an investment of undisclosed amount from global private equity firm Advent International. Financing is being provided by Jefferies and RBC Capital Markets. The transaction, which is still subject to customary closing conditions and is currently expected to close in August […]
Canvas, a Reston, VA-based company that provides a platform that enables businesses to find, create, deploy and share mobile business apps for mobile devices, has closed the first $1.2m tranche of a $1.75m Series B funding round. The round was led by Motorola Solutions Venture Capital, the strategic investment arm of Motorola Solutions, Inc. (NYSE:MSI). […]
Endless LLP, a UK-based turnaround firm, has closed its third fund at £220m. Fund III will continue to follow Endless’ investment strategy to focus on investing in UK-headquartered companies which require operational turnaround, financial restructuring and performance improvement. Investments in Funds I and II include Crown Paints, Amco Group, The Works retail chain, Peter Black […]
CEVEC Pharmaceuticals, a Cologne, Germany-based biopharmaceutical company that specializes in developing and producing therapeutic proteins, vaccines and monoclonal antibodies with human glycosylation patterns, has closed a €6m financing round. The round was led by NRW.BANK and Creathor Venture Fonds, with participation from ERP Startfonds of KfW bank. The company intends to use the funds to […]
Airbnb, a San Francisco, California-based community marketplace that allows users to discover and book spaces around the world, has received $112m in Series B financing. Investors include Andreessen Horowitz, DST Global, and General Catalyst. This brings the total amount by the company to $119.8m. Airbnb intends to use the funds to hire new staff and […]
CloudBees, a Boston, MA-based provider of a platform designed to allow developers to manage the entire Java application lifecycle in the cloud, has raised $10.5m in Series B funding. The round was led by Lightspeed Venture Partners, with participation from Matrix Partners, which previously invested $4m in the company’s Series A funding (read here). The […]
INRIX, a Kirkland, WA-based provider of traffic information and connected driving services in the car, online and on mobile devices, has raised $37m in Series D funding. Investors include Kleiner Perkins Caufield & Byers (KPCB), Green Growth Fund and August Capital. The company intends to use the funding to expand its acquisition, expansion and R&D […]
Private equity firm BC Partners has signed an agreement to acquire Com Hem, a Stockholm, Sweden-based TV, broadband and telephony company, from The Carlyle Group and Providence Equity Partners. The acquisition, whose amount remained undisclosed and completion is expected in September 2011 subject to receiving EU regulatory approval, aims to enable the company’s continued growth, […]
CityRyde, a Philadelphia, PA-based provider of tools that allow to develop and launch bike sharing deployment, received $345k in funding. Investors include the Virginia-based New Dominion Angels and PA-based Ben Franklin Technology Partners. The company intends to use the funds to expand its operations as it brings its Inspire to market. Co-founded by CEO Timothy […]
Syncbak, a Marion, IA-based provider of a platform that enables broadcasters to launch personalized TV via the internet, has closed a Series B financing round. New and existing backers include the National Association of Broadcasters, the Consumer Electronics Association, Northwest Broadcasting and three former executives of NBC. This brings the total amount raised by the […]
Ziften Technologies, an Austin, Texas-based newly launched provider of software designed to tackle the problem of inefficient endpoints, has closed a $5.8m Series A funding. Investors include Fayez Sarofim & Co. and Trellis Partners. Led by founder and CEO Mark Obrecht, who was previously a founder of WholeSecurity, acquired by Symantec in 2005, Ziften Technologies […]
NetDNA.com, a Los Angeles, CA-based content delivery network (CDN), has closed a funding round led by Chelsea Management, Inc.. The company intends to use the funds, whose amount remained undisclosed, to grow its network, hire new staff to join the technical team, for hardware deployments and product development. Founded in October 2009 by CEO Ben Neumann […]
Workbooks.com, a Reading, UK-based provider of web based CRM and business applications designed specifically for small and mid-size organisations, has raised an additional £1.4m from angel investors. Since launching 18 months ago, the company has raised a total of £5.4m. Workbooks intends to use the capital to accelerate sales growth in the UK and online. […]
Razorsight Corporation, a Reston, VA-based provider of cloud-based profit analytics solutions for Communications Service Providers (CSPs), has raised up to $12m in Series B funding from new investors. The round, which was led by Georgian Partners, with participation from Square 1, brings the total amount raised by the company to date to more than $37m. […]