REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Stuffle, a Hamburg, Germany-based start-up providing a flea market app, raised a financing round of undisclosed amount. Backers included SEDO founder Tim Schumacher, which recently made a six-figure investment, and High-Tech Gründerfonds (HTGF), which is acquiring a minority shareholding for a mid six-figure amount. The company intends to use the capital to continue to grow […]
DLD Ventures, the investment arm of Burda Digital GmbH, has invested in Tel Aviv, Israel-based venture capital fund lool ventures L.P.. Other investors in the fund include major institutional Israeli and international investors as well as seasoned business angels and entrepreneurs. Founded by Avichay Nissenbaum and Yaniv Golan, lool ventures focuses on investments in Israeli […]
WatchDox, a Palo Alto, CA-based provider of enterprise solutions to access, share and control sensitive documents on any device, received a new $12m financing. Millennium Technology Value Partners joined existing investors Blackstone (NYSE: BX), Gemini Israel Funds, Shasta Ventures and security expert Shlomo Kramer (co-founder of Check Point and Imperva). The company, which has raised […]
NewVoiceMedia, a UK-based provider of cloud contact centre services, raised $20m in funding. Backers included new investors Highland Capital Partners Europe and MMC Ventures, as well as existing shareholders Notion Capital and Eden Ventures. The company intends to use the capital to expand globally and open new offices in North America. In conjunction with the […]
Houzz, a Palo Alto, CA-based platform for home remodeling and design, closed a $35m Series C financing. The round was led by New Enterprise Associates (NEA) and GGV Capital, with participation from Sequoia Capital, Comcast Ventures, Kleiner Perkins Caufield & Byers (KPCB) and Yammer founder David Sacks. The company intends to use the capital to […]
DataGravity, a Nashua, N.H.-based early-stage company which aims to turn data into information, raised $30m in Series B financing. The round was led by Andreessen Horowitz, with participation from existing investors Charles River Ventures and General Catalyst Partners. In conjunction with the funding, Peter Levine, partner at Andreessen Horowitz, will join DataGravity’s board of directors. The […]
Convercent, a Denver, CO-based provider of a cloud culture and compliance software designed to support companies in promoting the good and managing the bad, raised $10.2m in funding. The round was led by Azure Capital Partners and Mantucket Capital, with participation from City National Bank. Led by Patrick Quinlan, CEO, Convercent has developed a cloud-based […]
Zytoprotec, a Vienna, Austria-based clinical stage biotechnology company, raised €2m of a planned €4m Series A financing. Backers included new investor Baxter Ventures. In conjunction with the transaction, Norbert Riedel, Ph.D., Baxter’s Chief Science and Innovation Officer will join Zytoprotec’s Supervisory Board. Led by Peter C. Weilguni, Chief Executive Officer, the company develops novel peritoneal dialysis […]
Venture capital firm Nokia Growth Partners (NGP) has just launched its third fund with a further US$250m long term commitment from global giant Nokia. Formed in 2005 and led by John Gardner, managing partner, Nokia Growth Partners provides entrepreneurs with capital, industry expertise and an extensive network. The firm will continue to invest in high potential businesses within […]
ITM Financial, a Woburn, MA-based forex signal startup, raised $1m in venture capital and angel funding. Backders were not disclosed. The company intends to use the capital to expand their product lines into US based stocks as well as commodities. Led by CEO Curt Dalton and CTO Ali Khan, ITM Financial is a subsidiary of the Internet Time Machine […]
Med ePad Limited, a Liverpool, UK-based startup that has developed an interactive touch screen mobile internet device for healthcare service providers, raised an additional £150k in funding. The capital was provided by the North West Fund for Digital & Creative, managed by AXM Venture Capital, and the management team. The company, which was also backed […]
Jody Sherman, a Los Angeles, CA-based entrepreneur and angel investor, passed away. Founder of ecomom and Smart Charter, which was sold to Virgin, Sherman was 47-years-old and leaves behind his wife Kerr. Jody began his internet career began at Lycos in 1995 and then continued with executive roles at start-ups BuyDirect (acquired by Beyond.com), and […]
Ocular Therapeutix, a Bedford, MA-based company that develops and commercializes ophthalmic therapeutic products using its proprietary hydrogel technology, recently closed a $23.8m Series D financing round. All existing institutional investors, including Polaris Ventures, Versant Ventures, SV Life Sciences, Sparta LLC, and Ascension Health Ventures participated in the round. The company intends to use the funds […]
Shanghai and Beijing-based Lightspeed China Partners recently held the final close of its fund, at $168m. Lightspeed China Partners I, L.P., which exceeded the initial target of $150m. will focus on investing in China-based, early-stage companies in the Internet, mobile, services and enterprise solution sectors. The fund will be led by Ron Cao and James […]
Payvment, a Palo Alto, CA-based platform that enabled retailers to open ecommerce storefronts on Facebook, is shutting down. According to the company, the platform will be shut down on February 28th and users will have one month to transfer their store to Ecwid, a Social Commerce company with over 200,000 sellers in 174 countries and […]