REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Global technology media company GigaOM unveiled the finalists of the Structure 2013 LaunchPad, a competition for promising startups in cloud computing, internet infrastructure and data. The companies are: 28msec, which provides tools to make it easier to write complex queries against MongoDB databases; Appscale Systems, which implements Google’s Cloud Platform, App Engine, in open source; […]
Dotdotdot, a Berlin, Germany-based start-up provider of a long-form reading iPad app and associated browser version, said it received funding in 2012. The amount of the deal was not disclosed. Backers included the High-Tech Gründerfonds and private investor Heiko Scherer. Founded in 2012, dotdotdot has developed a reading platform that allows users to consume digital […]
Pylba Inc., a San Mateo, California-based startup that develops services for mobile news, raised $1.7m in funding. Backers included High-Tech Gruenderfonds (HTGF) and other strategic investors and business angels. The company intends to use the capital to enhance the product and to bring it to international markets. Founded in March 2012, Pylba offers a Mobile […]
PhotoSpotLand, a Catania, Italy-based social operative system for travel photographers, raised $27k in micro seed funding. Backers include unnamed individual investors. The company is using the funds to expand its branding and marketing efforts, including a roadshow in the USA, the participation at TechCrunch Disrupt NYC. Led by CEO Mario Bucolo, PhotoSpotLand has developed a […]
ATG Media, a London, UK-based operator of auction portals and live and timed online auctions, received a £4.5m investment from existing investor Mobeus Equity Partners. The investment aims to finance the acquisition of BidSpotter Inc., a US-based leader in industrial and commercial online auctions. The acquisition will broaden ATG Media’s existing portfolio of auction platforms, […]
Intel Corporation (NASDAQ: INTC) acquired Aepona, a Northern Ireland provider of cloud-based telecom network solutions. According to the Belfast Telegraph, the deal could amount to £80m (read here). The addition of Aepona’s products, personnel (300+ employees in Belfast, Dublin, Sri Lanka and the United States) and expertise aims to extend Intel’s capabilities to build and […]
inexio Informationstechnologie und Telekommunikation KGaA (inexio), a Saarlouis, Germany-based provider of broadband connections, received a €10.6m equity investment from Deutsche Beteiligungs AG (DBAG) and its DBAG Expansion Capital Fund. DBAG and the fund will subscribe to a capital increase for 10% of the shares. The company intends to use the capital to continue to grow […]
Swifto, a NYC-based marketplace for dog walking, said it raised $2.5m in funding from Benchmark Capital. The company is using the funds to grow operations. It plans to expand to Boston by the end of 2013, and both Chicago and San Francisco in 2014. Founded by Penina First and led by Mohammed Ullah, CEO, Swifto […]
Scioderm, a Raleigh, NC-based developer of novel dermatology therapeutics, completed a $16m Series A financing. The round was led by Morgenthaler Ventures, with participation from Technology Partners. In conjunction with the funding, Dr. Chris Christoffersen (Partner of Morgenthaler Ventures) and Dr. Roger Quy (General Partner of Technology Partners), joined as members of Scioderm’s Board of Directors. Led […]
Comparafinanza.it, a London, UK- and Rome, Italy-based insurance price comparison platform that serves the Italian market, raised £4.6m (approximately €5.3m) in funding. The round was led by Braveheart Investment Group‘s Envestors, with participation from former Benfield Group CEO Grahame Chilton, Rupert Lowe, who is chairman of Torus Insurance, as well as existing investors. The company […]
Kerecis Limited, an Isafjordur and Reykjavik, Iceland-based tissue-regeneration company, raised US$1m in Series A2 funding. The financing, comprised of equity and grants, was provided by (undisclosed) existing and new stakeholders. The companyy intends to use the funds to complete the clinical trials required to gain regulatory approval for the wound-treatment indication of MariGen Omega3 in […]
Moonfrye, a Los Angeles, CA-based startup that is building an app dedicated to inspiring creativity in parents, raised a $2.5m in funding. The round was led by GRP Partners, with participation from Greycroft, Daher Capital, and Google Ventures. Co-founded by CCO Soleil Moon Frye and CEO Kara Nortman, Moonfrye focuses on bringing creative experiences to […]
According to the company’s blog (read here) Facebook (Nasdaq: FB) acquired Parse, a San Francisco, CA-based cloud-based platform that provides scalable cross-platform services and tools for developers. The amount of the deal was not disclosed. The acquisition is aimed for Facebook to enable developers to build apps on mobile platforms and devices. Parse allows developers […]
Extreme Startups, a Toronto, Canada-based startup accelerator, selected the five companies for its third class. They are: – BRIKA, an online shopping destination for discovering crafted lifestyle products. – Instaradio, a platform to broadcast a live audio stream. – Køge, a subscription service for vitamin packages. – Polychart, a Business Intelligence tool for SMBs. – […]
“Execution is often 90 percent of the success of a company and in a world that gets more transparent every day, execution will become even more important down the road“ Oliver Samwer, Co-founder, Rocket Internet and Global Founders Capital from Venture Village (read here) FinSMEs 26/04/2013