REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
According to local reports, Giftology, a New Delhi, India-based social gifting startup, raised an undisclosed round of angel funding. The investor was Kiran Sidhu, the founder and Chairman of Transact Network. Founded by Aman Narang and Nikhil Sama and led by newly appointed CEO Varun Vummidi, Giftology provides a platform that allows Facebook users to […]
Latakoo Inc., an Austin, TX-based video management developer, closed a $2m financing round. According to recent filings with the SEC, the financing is comprised of equity ($1.8m from 46 backers) and debt ($200k) from an undisclosed institutions. Led by CEO Paul Adrian, Latakoo provides tools to send, store and share video privately online. Its latakoo […]
Power Practical, a Salt Lake City, Utah-based an alternative-energy startup that provides a portable personal power generator, closes a seed funding of undisclosed amount. The round was led by Kickstart Seed Fund. Led by Matt Ford, CEO, Power Practical provides the PowerPot, a portable personal power generator which looks like a regular camping style cooking […]
Venture capital firm Israel Cleantech Ventures (ICV) closed its second fund with just above $74m in commitments. Limited partners include new and existing institutional investors, multi-national corporations and family offices in Europe, the US and Israel. Managed by partners Jack Levy, Meir Ukeles, Glen Schwaber, and Arnon Goldfarb, the fund will continue the firm’s strategy […]
Spanish venture capital firm VenturCap is working to close a new fund, reports said. Backed already include Institut Catalá de Finances (ICF). Other existing and new limited partners are expected to support the new vehicle, VenturCap II, which focuses on investing in early stage companies operanting in ecommerce, softare and health sectors. It has already invested […]
Envysion, a Louisville, CO-based provider of managed video surveillance as a service (MVaaS) to retail end-markets., has received an investment of undisclosed amount from Parthenon Capital Partners. The company’s Chief Executive Officer, Matt Steinfort, co-invested alongside Parthenon in the transaction. The company intends to use the Proceeds from the transaction for growth capital and to […]
Toopher, an Austin, Texas-based developer of authentication technology to prevent online fraud, closed a $2m Series A funding. Backers included Alsop Louie Partners, Dallas-office of Stonehenge Growth Capital, Austin-based Corsa Ventures and others. Founded in 2011 by Evan Grim, a UT PhD student in software engineering, and Josh Alexander, an adjunct professor teaching financial derivatives […]
Perkville, a San Francisco, CA-based provider of Software as a Service (SaaS) loyalty programs, closed a nearly $500k seed funding round. This funding brings the total amount raised to date to $1.2m. Backers included members of Band of Angels and Keiretsu Forum (such as Michael Olander, Jr.). The company intends to use the capital to […]
Amartus Limited, a Dublin, Ireland-based developer of innovative service delivery solutions for the telecommunications industry, raised €1.2m in funding. The round was led by Kernel Capital, which made a €500k investment via the Bank of Ireland Seed and Early Stage Equity Fund, with participation from an angel technology investment syndicate, Enterprise Ireland and company promoters. […]
Linkwell Health, a Needham, MA-based developer of health and wellness consumer engagement platforms, raised $11m in Series C funding. The round was led by WellPoint (NYSE: WLP), with participation from existing investors Spark Capital and HLM Venture Partners. The company intends to use the capital increase adoption of its platform to consumers across multiple channels. Led […]
Econotherm, a Bridgend, UK-based manufacturer of heat pipe waste heat recuperators, economisers, pre-heaters and steam condensers, received a minority equity investment from Spirax-Sarco Engineering plc. Spirax-Sarco, which acquired a 30% stake in the company for a £1m consideration, also has an option to acquire the remaining equity in the period between 1st January 2016 and […]
SimilarGroup, a Tel Aviv, Israel-based provider of web measurement solution, raised $2.5m in funding. The investment was led by Moshe Lichtman, former President of Microsoft’s Israel Research and Development Center, with participation from Yossi Vardi, Naftali Investments, and Docor International B.V. In conjunction with the deal, Mr. Lichtman joined the company’s board. Founded in 2009 […]
Caperfly, a Leamington Spa, UK-based developer of digital entertainment and media applications, raised an undisclosed amount of funding. Backers included the £1m Creative England fund and Midven‘s Early Advantage fund, which committed £75k. The company intends to use the capital to develop app experiences based around real-world situations, and to advance its technology platform Consequences. […]
Digit Game Studios, a Dublin, Ireland-based games developer, closed a US$2.5m Series A funding. The round was led by Delta Partners, which invested US$2.1m from its Delta Equity Fund III Limited Partnership, with participation from other existing investor ACT Venture Capital. The company will use the capital to double the size of its workforce with […]
Allocadia Software, a Vancouver, BC, Canada-based provider of cloud software for marketing operations, closed a $1m seed funding. Backers included Beehive Holdings, iNovia Capital, Patrick Lor, co-founder of iStockphoto, Rasool Rayani and Geordie Henderson, co-founders of Metalogix, David Arnsdorf, founder of Neverblue, Norm Francis, ex-Chairman and CEO of Pivotal Corporation, and Don Mattrick, founder of Distinctive […]