REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Schoology, a NYC-based collaborative learning platform for K-12 classrooms, has raised $1m in equity funding. Backers include Cempaka Schools and a partnership to jointly promote usage of the platform in school systems throughout Malaysia and Singapore. Cempaka Schools is an elite group of five for-profit, private Malaysian primary and secondary schools, which began using Schoology in […]
Lumesis, a Stamford, CT-based financial technology company that is dedicated to delivering timely data and analytical tools for the fixed income marketplace, has raised $2.5m in Series A financing. The round was led by Safeguard Scientifics, Inc. (NYSE: SFE), which injected $2.2m, with participation from NextStage Capital and angel investor Jim Ashton, Managing Partner at […]
InVision, a NYC-based provider of prototyping software for web and mobile application designers, has closed a $1.5m round of seed funding. Backers include FirstMark Capital. The company intends to use the funding to improve the product, expand its marketing efforts and grow its customer base. First launched in June of 2011 by Clark Valberg, InVision’s […]
nScaled, a San Francisco, CA-based provider of cloud-based Recovery-as-a-Service (RaaS) solutions, has completed a $7m Series A financing. Backers include Almaz Capital and Doughty Hanson Technology Ventures, as well as Silicon Valley angel investors. The company intends to use the funding to expand its global network of data centers and new software development, as well […]
BioAmber Inc., a Plymouth, Minnesota, USA-based chemicals company has completed a $30m Series C financing. The round was closed in two tranches: the first one of $20m in November 2011 with existing investors Naxos Capital, Sofinnova Partners, Mitsui & Co. Ltd. and the Cliffton Group, and a second tranche of $10m on February 6th, 2012 […]
Wheelz, Inc., a Palo Alto, California-based peer-to-peer (P2P) car sharing company targeting college campus communities, has raised $13.7m in its Series A round of funding. The round was led by car sharing network Zipcar, Inc. (Nasdaq: ZIP), with participation from Fontinalis Partners. The company intends to use the capital to continue to grow and scale […]
Private equity firm NewWorld Capital Group has launched an environmental infrastructure investment initiative to complement its growth equity investment activities. NewWorld Environmental Infrastructure, L.P., which will be funded by a commitment from North Sky Capital’s CleanTech Alliance Fund, will provide project equity and asset-backed structured equity to clean infrastructure projects and companies. Led by Founding […]
Fanzy, a Paris, France-based Facebook application that rewards fans for their activity around brands and enables brands to attract social influencers, has raised $500,000 in additional seed financing. Backers include: – Georges Chryssostallis, founder and CEO of media buying agency Libre & Change, – Gary Stiffelman, a partner at the Los Angeles entertainment law firm […]
GE (NYSE: GE) and the Carbon Trust have partnered to launch a $5m European low carbon incubation fund dedicated to backing start-up clean technology businesses. In an initial 18 month phase, the initiative will provide $5m to support new low carbon technologies in the area of infrastructure applications. The Carbon Trust and GE will work […]
ZeroTo510, a Memphis, Tenn.-based accelerator program designed to support entrepreneurs in bringing medical device products and companies to market, has launched. Applications are being accepted now through April 5, 2012. Launched by Memphis Bioworks Foundation as an initiative of the Greater Memphis Accelerator Consortium, ZeroTo510 focuses on leveraging the regional strength of the Memphis area […]
e-VERIFILE, Inc., a Atlanta, GA-based provider of risk assessment, administrative support and workforce solutions to enterprises and regulated industries, ha received an investment of undisclosed amount from Frontier Capital. Frontier has partnered with CEO Mark Wilson, The Yucaipa Companies, Magic Johnson Enterprises and Plexus Capital. e-VERIFILE offers employee risk assessment, compliance awareness testing, access control […]
Polaris Private Equity is to acquire Gothenburg, Sweden-based Alignment Systems AB, a global provider of collision repair solutions, from private equity fund FSN Capital. Polaris will help the company continue to expand in emerging markets. Led by CEO Johan Nordström, Alignment Systems offers complete systems for passenger cars and commercial vehicles. Through the brands Car-O-Liner […]
Imperative Energy, a Sandbach, Cheshire, UK-based provider of biomass heat and power solutions, has secured funding. Backers include the North West Fund for Energy and Environmental (NWF4EE) and the Environmental Infrastructure Development Company (EIDC). NWF4EE will take a minority stake in the company and will support its development, on the back of the Renewable Heat […]
nLife Therapeutics, S.L., a Granada, Spain-based company that develops innovative tratments for CNS diseases, has raised €5m in funding. Backers include la Caixa, which made the investment through Caixa Capital Risc and Caixa Capital Biomed, and Invercaria, Inversión y Gestión de Capital Riesgo de Andalucía, S.A.U., which made the investment through the Jeremie fund. They […]
MOVL, LLC, an Atlanta, GA-based technology company focusing on innovative second-screen experiences, has received funding from Mark Cuban, founder of Broadcast.com, Chairman of HDNet, and owner of the NBA Dallas Mavericks. The company intends to use the capital for the launch of KontrolTV, a technology that integrates television, mobile devices, social media and live user […]