REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Bleacher Report, a San Francisco, CA-based independent sports media site, has closed a $22m funding. The round was led by Oak Investment Partners, with participation from Crosslink Capital and Hillsven Capital. The company intends to use the new funds to scale operations, including the build out of content development and revenue support teams, expand content […]
Awarepoint Corporation, a San Diego, CA-based provider of real-time location system (RTLS) solutions for healthcare, has secured $27m in Series F financing. The round was led by new investor Kleiner Perkins Caufield & Byers, with participation from new backer Top Tier Capital Partners, and existing shareholders Cardinal Partners, Venrock, and Jafco Ventures. The company intends […]
Occlutech, a Helsingborg, Sweden-based developer of medical implants treating structural heart diseases, has received a €15m equity investment. The round was led by Hong Kong-based Interlink Investments Ltd., with participation from investors and Occlutech distribution partners from Japan, Switzerland, Ireland, Austria and Turkey. The company intends to use the funds to accelerate R&D and bring […]
Taptera, a San Francisco-based developer of Apple mobile enterprise apps, has raised $2m in Series A funding. The round was led by Terence Garnett, with participation from salesforce.com and a range of CEOs, Silicon Valley investors and veterans including M.R. Rangaswami and David Murphy. In conjunction with the funding, Garnett will join the company’s board […]
Lot18, a New York-based invitation-only site that offers deals on premium food and wines, has received an investment of undisclosed amount from Marc Lore and Vinit Bharara. Lore and Bharara are the founders of Quidsi, best known for Diapers.com, which was acquired by Amazon for $545 million in November 2010. The company intends to use the funds […]
GlobalOne, a New York-based provider of Software as a Service (SaaS), social collaboration and cloud computing professional services for the enterprise, has raised more than $25m in initial funding from Columbia Capital. The company intends to use the funds to expand its capabilities and market coverage. In addition, GlobalOne has appointed industry veteran David Northington […]
Academica, a Helsinki, Finland-based provider of information and communications technology (ICT) services, has received an equity investment of undisclosed amount from Finnish Industry Investment and Etera Mutual Pension Insurance Company. Following the investment, the backers will own an approximately 25% stake of the company. The proceeds will be used to develop the business and expand […]
Druva, a Mountain View, CA-based provider of enterprise laptop backup and retrieval software, has raised $12m in Series B funding. The round was led by Nexus Venture Partners, with participation from existing investor Sequoia Capital. The company intends to use the funding to expand both the product offering and sales and marketing in North America, […]
High-Tech Gründerfonds (HTGF) and newly formed Innovationsstarter Fonds Hamburg have agreed to provide joint seed financing to promising technology start-ups in Hamburg, Germany. They will be jointly investing up to €600k in first funding rounds. An additional €800k can be provided by Innovationsstarter Fonds Hamburg with up to a further €1.6m coming from HTGF in […]
Design LED Products Ltd, a Livingston, UK-based specialist lighting and LED enterprise, has closed the £639k second tranche of its funding round. Investors include the Scottish Investment Bank’s co-Investment Fund, Borders based investment syndicate TRI Cap, Braveheart Investment Group and Highland Venture Capital members. Braveheart led the first close of £1.1m in January 2011, in […]
MakerBot Industries, a New York-based company that has developed a low cost commercial 3D printer, has raised $10m in funding. The round was led by Foundry Group, with participation from Tony Conrad, Bezos Expeditions, True Ventures, RRE and other existing angels. The company is currently hiring (http://www.makerbot.com/blog/category/makerbot-jobs/) Founded in January 2009 by Bre Pettis, Adam […]
6connect, a Palo Alto, California-based provider of a software suite designed to solve the complexity of migrating to and managing IPv6 through network automation tools, secured $2m in a Series A financing. The round was led by by Hummer Winblad Venture Partners. The company intends to use the funds to expand sales and marketing efforts and add […]
Lumicity, a London UK-based developer, owner and operator of solar photovoltaic (PV) projects focused on the sub 50 kW rooftop market, has raised £2m in funding. Backers include existing investor Ludgate Environmental Fund Limited and ESB Novusmodus, each of which committed £1m as a combination of preference shares and interest bearing loan notes. The company […]
The Spandex Group, a Ruemlang, Switzerland-based company that specializes in marketing, sales, distribution and support of sign making and printing related systems and materials, has been acquired by Gilde Buy Out Partners and management from Gerber Scientific, Inc. With the transaction, whose amount remained undisclosed, Spandex becomes an independent company. Led by CEO Rod Larson, […]
Power Vision Limited, a Crewe, UK-based start up developer of specialist equipment that applies anti-reflective (AR) coatings to spectacles lenses, has received a £500,000 investment from The North West Fund for Venture Capital, managed by EV. The company intends to use the funds to grow sales worldwide and expand its operations. Founded in 2010, Power […]