REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Limacorporate SpA, a Villanova di San Daniele (Udine)-Italy-based global leader in the design, production and distribution of orthopaedic devices, is to be acquired by AXA Private Equity and Intesa Sanpaolo. The amount of the transaction is unknown. AXA and Intesa are to acquire a majority 66% stake in the company while the existing management will […]
Gloople, a London, UK-based multi-channel ecommerce platform specialist, has closed a £150k funding. The round was led by a syndicate of London Business Angel investors, who committed £130k. The company intends to use the capital to launch its SAAS platform across the UK market. Led by Warren Knight, Gloople has developed a social sharing e-commerce […]
Butterfly Software Ltd., a Maidenhead, England, UK-based data analysis and migration software company, has been acquired by IBM (NYSE: IBM). The amount of the transaction was not disclosed. Led by Tom Hughes, chief sales officer, David Jay, chief financial officer, Craig Moore, chief strategy officer, and Ian Smith, chief technology officer, Butterfly offers storage planning software […]
TA Associates and the management team completed the buyout of SpeedCast Ltd, a Hong Kong-based global network and satellite communications service provider, from Asia Satellite Telecommunications Co. Ltd. The company intends to use the proceeds from the investment – whose amount was not disclosed – to grow organically and through acquisitions. Pierre-Jean Beylier, CEO, will […]
Bellagio, a Shanghai, China-based casual dining chain, has received a private equity investment from Actis. Founded in 2001 by the Lin Family, and led by Mr. Joseph Han, new Chairman and CEO, Bellagio is renowned for its Taiwanese-style dishes and shaved ice desserts. It currently has 35 restaurants across a number of Chinese cities, as well as Macau […]
Coterie, a San Francisco, California-based online retailer, has launched with venture capital support. Backers include SoftTech VC, Javelin Venture Partners and other angel investors focused on e-commerce. The amount of the funding was not disclosed. Led by Muna Farhat, Co-founder and CEO, Coterie is a new online beauty shopping destination designed for ultra-busy and socially […]
Brisbane Materials, a Brisbane, Australia-based specialty materials company, has closed its AUD$5m Series A funding. The round was led by Southern Cross Venture Partners (SXVP), with participation from New Venture Partners LLC (NVP). The company intends to use the capital to scale up R&D and manufacturing operations at its headquarters in Brisbane, Queensland, while expanding […]
Insightera, an Israeli developer of real-time B2B marketing software, has raised $1.5m in funding from Glilot Capital Partners. In conjunction with the funding, Glilot’s founding partner, Arik Kleinstein will join Insightera’s board of directors. Founded in 2010 by CEO Mickey Alon and vice president of business development Mike Telem, Insightera leverages proprietary real-time big data […]
Dataminr, a NYC-based social media analytics company, has raised $13m in Series B funding. The company intends to use the capital for technology development and new client acquisition. Backers include new investment from several institutional investors, as well existing Series A investors from the financial industry. Formed in 2009 by CEO Ted Bailey, Dataminr provides […]
Rawporter, a Charlotte, NC-based new service that protects, promotes, and sells photos and videos shared online, has raised $300k in seed funding. Backers include the newly formed Inception Micro Angel Fund (IMAF) Cape Fear and the N.C. Fund of Funds, with additional participation by Gofman Holdings. The company plans to use the capital to grow […]
Captricity, Inc., a Berkeley, CA-based cloud service which captures digital data from paper documents, has raised an investment from the Knight Foundation Enterprise Fund. Commenting on the funding, Ben Wirz, Knight Foundation’s director of business consulting, said: “We look forward to building awareness of the company’s product and services among Knight’s network of communities, nonprofits and […]
Apnex Medical, Inc., a St. Paul, MN-based private medical device company, has received a $10m financing from New Enterprise Associates (NEA). Founded in 2006 by Robert Atkinson, President, CEO, Apnex Medical has developed a proprietary medical device for the treatment of OSA. The Apnex HGNS System is an implantable therapy that is intended to work […]
PCN, a San Diego, CA-based provider of Ethernet/IP networking products for existing functional twisted pair and discrete wiring, has raised $5.25m in funding. The round was led by existing investors and board members including PCN’s Executive Chairman Irwin H. Pfister and Directors Jerre Stead and Joe Kasputys, Enertech Capital and new individual investors from San […]
Cloud Technology Partners, a Boston, MA-based provider of enterprise-class cloud solutions, has closed a $2m series A-2 funding. Backers were not disclosed. The company intends to use the capital for hiring plans particularly in the area of intellectual property (IP) development, as well as sales, marketing and client services. Led by Chris Greendale, Founder and […]
NEST Fragrances, a NYC-based designer and manufacturer of luxury home fragrances, personal care products and fine fragrances, has received a private equity investment from Tengram Capital Partners. According to a written statement, Tengram, which has acquired a significant stake in the company, will help NEST continue to expand into new product categories and international markets. […]