REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Yammer, a San Francisco, CA-based provider of enterprise social networks, has raised $17m in its fourth round of funding. The round was led by the Social+Capital Partnership, with participation from existing investors Charles River Ventures, Emergence Capital and U.S. Venture Partners. This financing brings the total amount raised by the company to date to $57m […]
BrightTALK, a San Francisco, New York and London-based provider of webinar and video technologies for business professionals and their communities, has received a $20.5m equity financing from North Bridge Growth Equity. The company intends to use the capital for growth initiatives and technology development. Founded in 2002 by CEO Paul Heald, BrightTALK provides professionals and their communities […]
Peak Games, a social gaming company focusing on emerging markets such as Turkey, MENA, Latin America and Mexico, has raised an additional $11.5m in new funding. Backers include Earlybird Venture Capital, Hummingbird Ventures and an unnamed strategic investor. The company intends to use the funds for market expansion, additional game studio acquisitions, hiring, and user […]
BodyShopBids, a Chicago, IL-based developer of a free online service that enables consumers to get auto repair estimates from local body shops, has closed a seed round of venture capital from Lightbank. Founded in early 2011 by founder and CEO Brad Weisberg, start up provides a web and mobile platform to connect consumers who need […]
CareCloud, a Miami, FL-based provider of cloud-based healthcare management solutions, has raised $20.1m in a Series A funding. The round, which was led by Intel Capital with participation from Norwest Venture Partners, also includes an approximately $3.8m conversion of debt to equity. Founded in 2010 by CEO Albert Santalo, CareCloud offers a cloud-based healthcare management solution […]
Clinipace Worldwide, a Research Triangle Park, North Carolina-based global digital clinical research organization (dCRO) that provides technology-amplified contract research services, has closed a $15m Series C funding. The round was led by Morgan Stanley Expansion Capital, with participation from existing investors including Hatteras Venture Partners and Brook Private Equity Advisors. The company intends to use […]
SpineGuard, a San Francisco and Paris, France-based medical device company, has raised $6.2m in funding. Investors included Crédit Agricole Private Equity, Innoven Partenaires, A Plus Finance, and Delta Partners. The company intends to use the funds to further extend its PediGuard platform for enhanced spinal screw placement. PediGuard is a handheld device capable of alerting surgeons […]
HomeSav.com, a Toronto, CA-based luxury home decor flash sale site, has raised $1.2m in seed funding. Backers include Canada’s retail angel investors and entrepreneurs including the Koffler family, founders of Shopper’s Drug Mart, and the Metrick family, founders and owners of ELTE, a high end home furniture retailer. The company, which also operates a US office […]
Midven, through its Exceed Fund, is investing £500k to support the management buy-out (MBO) of construction management and compliance consultancy Confluence Management Limited. The current management team, comprising Christian Bucknall, managing director, and Robert Goemans, finance director, are acquiring the company from the Confluence Group, a Singapore-based international construction management group. Confluence Management provides a […]
ITRS Group, a London, UK-based global provider of real-time monitoring systems for financial institutions, has been acquired by The Carlyle Group, in partnership with its founders and management. The investment is designed to support the company’s international expansion and its product offering broadening. Formed in 1997 by Stephen Bates and Misha Kipnis, and led by […]
myGengo, a Mountain View, CA- and Mountain View, CA-based provider of human translation services, has raised $5.25m in a Series A funding round. Backers include Atomico and 500 Startups. The company intends to use the new funding to grow marketing, sales and engineering teams in the US, and expand adoption of its network (http://mygengo.com/about-us/blog/mygengo-is-hiring/). In […]
Spredfast, an Austin, Texas-based social media management system provider, has raised $12m in Series B funding. The round was led by InterWest Partners , with participation from lead Series A investor Austin Ventures (read here). The company intends to use the funds to expand its platform. Led by CEO Rod Favaron, Spredfast offers a social […]
NYC-based blogging service Tumblr has raised $85m in funding, multiple sources said. Investors include Greylock Partners, Insight Venture Partners, Chernin Group, Sir Richard Branson, as well as existing backers Sequoia Capital, Spark Capital, and Union Square Ventures. Founded in 2007 by David Karp and led by President John Maloney, Tumblr today employs more than 50 people […]
According to a Filing with the U.S. Securities and Exchange Commission (Form D), Breitbart News Network, LLC, a Los Angeles, CA-based news and analysis aggregator, has closed a $10m equity funding round. Investors remained undisclosed. Led by CEO Andrew Breitbart and President Laurence Solow, Breitbart.com aggregates, and offers real-time access to, news and analysis sources. […]
Endomondo Sports Tracker, a Danish mobile fitness app, has raised $2.3m in funding from SEED Capital. The company intends to use the funds to increase its development team, expand its presence in the U.S. by adding an office in the San Francisco Bay area and create scalable revenue channels to secure profitability by year end […]