REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Medical Solutions, a Omaha, Neb.-based national healthcare staffing company, received an investment of undisclosed amount. Backers include Tenex Capital Management and McCarthy Capital Fund V. The company intends to use the proceeds from the investment to continue to develop service technology, and also to increase both the number of job opportunities for travelers and the […]
Avanir Pharmaceuticals, Inc., an Aliso Viejo, CA-based biopharmaceutical company focused on bringing medicines to patients with central nervous system disorders, has received a $30m debt facility. The financing was led by Oxford Finance LLC, with participation from Silicon Valley Bank. The company intends to use the proceeds for the expansion of its product line and […]
Gogo, a provider of in-flight connectivity and wireless in-flight digital entertainment solutions, has closed a $135m credit facility with Morgan Stanley and J.P Morgan. Gogo intends to use the debt financing for its international expansion plans as well as for other general corporate purposes. Led by president and CEO Michael Small, Gogo offers network and […]
ThisLife, a Palo Alto, CA-based company that operates a service for storing, organizing, viewing and sharing photo and video collections, has raised $2.75m in funding. The round was led by Madrona Venture Group. Co-founded by Andrea (CEO) and Matt Johnson (CTO), ThisLife allows customers to access their photos and videos from any device. Its software […]
Adaptis Solutions Ltd, a Liverpool, UK-based transport and travel software business, has received an investment from the North West Fund for Digital & Creative, which is managed by AXM Venture Capital Limited. The company intends to use the funding to grow its technical resources, to further develop the cashless payment platform and to grow its […]
BuildDirect.com, a Vancouver, B.C., Canada-based online destination for heavy weight building materials, has raised $16m in funding from OMERS Ventures, the venture capital investment arm of pension fund OMERS. The company intends to use the funding to accelerate growth, expand its team and provide a more extensive product line for customers including professional trades, subcontractors […]
CloudOne, a Fishers, Indiana-based provider of Software-as-a-Service for IBM Rational software development, has completed a $1.7m Series B funding. Elevate Ventures, through Indiana’s 21st Century Fund and the Indiana Angel Network Fund, contributed $825k in the round, with an additional $825k injected by Ryan Diem, Jeff Saturday, and F. Ronald Seager, among others. The company […]
FastPay, a Los Angeles, CA-based tech-enabled finance platform servicing digital media businesses, has secured an additional $25m in funding. The funding is comprised of a senior credit facility from Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE: WFC), and a subordinated debt and equity investment from SF Capital Group. The company intends […]
IQ Engines, Inc., a Berkeley, Calif.-based provider of image recognition software, has secured $3.8m in Series B funding. Backers include Third Point Ventures and Motorola Solutions Venture Capital. The company intends to use the funding to improve the speed and accuracy of its image recognition technology and to build new tools for developers to integrate […]
Kapow Events, a Chicago, IL-based event marketplace where business professionals responsible for planning their company’s events can get access to free planning and promotions, has completed a $700k financing. The round was led by I2A and Pat Ryan Jr., with participation from FireStarter Fund, and angel investors Brian Hand and Jeff Carter. The company intends […]
Visual IQ, a Needham, MA-based cross channel marketing intelligence software provider, has raised $12m in funding. Backers include Volition Capital and existing investor Fog City Capital. In conjunction with the funding, Sean Cantwell and Roger Hurwitz, Partners of Volition Capital, will join Visual IQ’s Board. The company intends to use the capital to accelerate product […]
Net Health Systems, a Pittsburgh, PA-based provider of clinical information systems for the field of wound care, has received a “significant” investment from private equity Spectrum Equity. CEO Anthony Sanzo, President Patrick Colletti and CTO Christopher Hayes have co-invested alongside Spectrum and will continue in their executive roles. As part of the transaction, Jim Quagliaroli, Managing […]
CENX, Inc., a Winnetka, IL-based provider of Carrier Ethernet interconnect systems and services, has raised $9.5m in funding. The round was led by Verizon Investments LLC, a subsidiary of Verizon Communications Inc., and Mesirow Financial Private Equity, Inc., with participation from current investors DCM, Highland Capital Partners, and Wasatch. The company intends to use the […]
EnTouch Controls, a Richardson, Texas-based provider of energy management systems for small businesses, has raised an additional $500k in its Series A financing. It adds to the $2m series A financing the company announced in November 2011 (read here). The round was led by Trailblazer Capital. . EnTouch Controls intends to use the funding to […]
Soladigm, a Milpitas, California-based manufacturer of energy-efficient dynamic flass for buildings, has closed a $55m Series D equity financing. The round was co-led by Reinet Investments and NanoDimension, with participation from existing investors DBL Investors, GE, Khosla Ventures, Navitas Capital, Sigma Partners, and The Westly Group. The company intends to use the funding to accelerate […]