REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Fusion-io, Inc. (NYSE: FIO), a Utah-based provider of a Fusion ioMemory platform that accelerates databases, virtualization, cloud computing, and big data applications, acquired Colorado-based NexGen Storage, a developer of hybrid storage appliances based on Fusion ioMemory for small to medium enterprises (SMEs), for approximately $120m. The acquisition will allow Fusion-io to expand its software-defined product portfolio, […]
Apps Foundry, an Indonesian developer of an e-reader mobile app, raised S$3m (approximately US$2.4m) in a Series B funding. Backers included PT Gramedia Digital. The company intends to use the funds to expand in South-East Asia. Led by CEO Willson Cuaca, the company offers SCOOP, an interactive app to read local and international magazines, books, […]
FastSpring, a Santa Barbara, California-based provider of e-commerce payment services for online vendors of desktop software and software-as-a-service (SaaS), received an equity investment from Pylon Capital. The amount of the transaction was not disclosed. Following the deal, CEO and co-founder Dan Engel will be Senior Vice President of Marketing and will serve on the company’s […]
RockThePost, a NYC-based investment crowdfunding platform, added Shark Tanks’ Barbara Corcoran to its Board of Directors. Barbara Corcoran is one of the “Sharks” participating in ABC TV show Shark Tank, where she has personally invested in over 20 startups. Corcoran is also a contributor to the NBC’s Today Show, and hosted “The Millionaire Broker with […]
viDA Therapeutics Inc., a Vancouver, Canada-based biotechnology company, completed a $750k second tranche of an equity financing. Backers included the Business Development Bank of Canada’s venture capital arm BDC Venture Capital. This latest funding brought the total amount raised by the company in the round at $3.64m. The initial financing was completed on July 28, […]
German GME Medical Engineering GmbH, an Erlangen, Germany-based medical technology company, closed a €1m financing round. Backers included BayBG as a new investor and seed investors Bayern Kapital, High-Tech Gruenderfonds, and Dr. Dieter Manstein, among other individuals. The company intends to use the capital to market its products worldwide. Founded in 2011 and led by […]
GetYourGuide, an online portal for tours and activities across the globe, acquired Gidsy, a Berlin, Germany-based peer-to-peer platform for discovering local experiences and things to do. The sum of the transaction was not disclosed. As a part of the deal, GetYourGuide will integrate Gidsy’s marketplace of experiences, which will be available at www.getyourguide.com. Gidsy’s team […]
Vapotherm, an Exeter, New Hampshire-based manufacturer of advanced respiratory care devices, closed a $29m financing round. The round was led by the 3×5 Special Opportunity Fund L.P., with participation from new investor Morgenthaler Venture Partners L.P., and existing investors GE Asset Management, Kaiser Permanente, Integral Capital Partners, QuestMark Partners and Cross Creek Capital. In conjunction […]
GE (NYSE: GE) plans to make a strategic investment of approximately $105m in Pivotal, a San Mateo, CA-based newly launched company that is building an Enterprise Platform-as-a-Service (PaaS). The companies also announced their plans to enter into a broad research and development and commercial agreement aimed at accelerating GE’s ability to create new analytic services […]
According to Rude Baguette, a French blog about startups (read here), Sush.io, a developer of a solution that aims to help individuals and small businesses track online expenditure, raised €250k (approximately $325k) in seed funding. The round was led by Kima Ventures, with participatiion from Jacques-Antoine Granjon, Paris-based Accelerator 50 Partners, Jonathan Zisermann, GEM Angels […]
Personal MedSystems GmbH, a Berlin and Frankfurt am Main, Germany-based company that develops products and services for mobile healthcare, raised €2.5m in Series A financing. The backer was Seventure Partners. The company intends to use the capital for the further development and market introduction of its products. Founded in 2008 by Felix Brand and Dr. […]
SkyKick, a Seattle, WA-based provider of a migration application that allows IT partners to move small and medium-sized businesses to Office 365, has raised more than $3.7m in funding. Backers are unknown. Founded in 2011 by Co-CEOs Evan Richman and Todd Schwartz and CTO Brad Younge, SkyKick provides a cloud-based application Suite that helps IT […]
Seelio, an Ann Arbor, Michigan-based platform that allows users to document their works, raised $900k in seed funding. Backers included Steve Fireng, David Fry, Robert Dowdell, Lorne Zalesin, First Step Fund and Michigan PreSeed Fund. The company intends to use the funds for product engineering and business development. Led by Mosesk Lee, Seelio is an […]
Seclore, a Mumbai, India-based developer of solutions for information usage control, received an investment of undisclosed amount. Backers included Helion Venture Partners and Ventureast Proactive. Led by Vishal Gupta (CEO) and Abhijit Tannu (CTO), Seclore provides Information Rights Management (IRM) and secure outsourcing systems, which are used by global organizations such as Daimler, Linde, Panasonic, CapGemini, Reliance […]
Gen9, Inc., a Cambridge, Mass.-based developer of scalable technologies for synthesizing genes, received a $21m strategic investment from Agilent Technologies (NYSE: A). In conjunction with the investment, Agilent acquired an equity stake in the company and will join its board of directors. Gen9 intends to use the capital for product development and commercial infrastructure expansion […]