REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Greengage Mobile, a Toronto, Canada-based provider of software that focuses on enabling and rewarding positive environmental, wellness, and community behaviours, raised $1m in funding. Backers included the Investment Accelerator Fund (IAF), the RBC Generator Fund, and investors from Waterloo-based Golden Triangle AngelNet (GTAN). The company intends to use the funds to roll out additional features […]
Spartz, a Chicago, IL-based digital media publisher, raised $8m in funding. Backers included Garland Capital, John Compton, and Charlie Anderson. Founded in 2009 and led by Emerson Spartz (CEO), Griffin Caprio (CTO), and Gaby Montero (VP of Product), the Spartz Network includes web and mobile sites such as OMG Facts, GivesMeHope, and MuggleNet, etc., which […]
SkillWiz, a Bangalore, India-based career analytics company, raised an equity funding of undisclosed amount. Backers included Mumbai Angels and other unnamed angels from India and Singapore. The company intends to use the capital for product development and sales efforts as well as for team expansion. Co-founded by Kunal Varma and Anuj Kacker, SkillWiz provides young […]
Nanocomp Technologies, Inc., a Merrimack, NH-based developer of high performance materials and component products made from carbon nanotubes (CNTs), received a $6m venture loan facility led by Horizon Technology Finance Corporation (NASDAQ: HRZN). The company intends to use the funds for working capital purposes. Led by Peter Antoinette, Co-Founder, President & CEO, Nanocomp is a […]
PneumaCare, a Cambridge UK-based respiratory monitoring medical imaging company, closed a £1m financing. Backers included existing investors Sud Investments, Torteval, and business angels from Cambridge Capital Group and Cambridge Angels. In conjunction with the financing, Edward Benthall, a former partner at Charterhouse Capital Partners, joined the company’s Board of Directors. The company intends to use […]
Systems Maintenance Services, Inc., a Charlotte, NC-based global provider of multivendor IT asset lifecycle services and support solutions, received a “significant” equity investment from Summit Partners. Following the investment, John Carroll, a Summit Partners Managing Director, and Peter Rottier, a Principal, will join SMS’ Board of Directors. Thomas H. Lee Partners, L.P., a private equity […]
Chicago, Ill.-based Maranon Capital, L.P. held the final close of a new senior debt fund at $330m. Leverage was provided via a credit facility arranged and agented by SunTrust Bank. Maranon Senior Credit Fund II will provide senior financing, mezzanine debt and equity co-investments for private equity-backed and non-sponsored middle market transactions. Founded in 2008, […]
Centri Technology, a Seattle, WA-based provider of mobile bandwidth optimization and bandwidth management solutions, completed a $13m Series C round of financing. Backers included Angel Valkyrie and existing investors. The company intends to use the funds to further accelerate the expansion and deployment of its BitSmartCX solution to global mobile network operators, as well as contribute […]
WebRadar, a Brazilian company offering Big Data and Operational Intelligence solutions for the Telecom, Transportation, and Energy verticals, raised a new equity financing. The round, of undisclosed amount, was led by Citrix, with participation from existing investor Intel Capital. The company intends to use the funds to accelerate its international expansion and increase its Research […]
Unitrends, a Columbia, S.C.-based provider of backup, archiving, instant recovery and disaster recovery solutions, received a major growth equity investment from Insight Venture Partners. Financial terms of the transaction were not disclosed. The company intends to use the funds to accelerate growth through the expansion of its existing offerings. Led by Mike Coney, president and […]
TabTale, a Tel Aviv, Israel-based maker of apps for children, raised $12m in funding. The round was co-led by Qualcomm Ventures and return backer Magma Venture Partners, with participation from Vintage Investment Ventures and other private investors. The company intends to use the capital for acquiring gaming companies and personnel hiring. Led by Sagi Schliesser, […]
Pluralsight, an online training platform, acquired Tekpub, a provider of technical screencasts for programmers. The acquisition, whose amount was not disclosed, aims to reinforce Pluralsight as the online destination for all programming and IT training needs. Following the transaction, Tekpub’s screencasts on C#, Ruby, JavaScript and others will be integrated into Pluralsight’s course library. Earlier […]
91Jinrong, a Chinese online financial intermediary, raised RMB60m in its second round of funding. Backers included CBC Capital, Matrix Partners and other institutions. The company, which is a member of Microsoft Ventures Accelerator’s third class in China, matches potential consumers with corresponding financial institutions to receive personalized services. Founded by CEO Xu Zewei said, 91Jinrong […]
Alector LLC, a San Francisco, CA-based biotech company, closed a Series A financing of undisclosed amount. The round was led by Polaris Venture Partners and OrbiMed Advisors. In conjunction with the funding, General Partner Terry McGuire (Polaris) and General Partner Carl Gordon (OrbiMed) joined Alector’s Board of Directors. The company intends to use the funds […]
Contego Fraud Solutions, an Oxford, UK-based risk management software company, raised £900k in funding. Backers include a syndicate of London Business Angel Investors (including an investment by the LBA EIS Roundtable Synidcate Fund 2013), the Rainbow Seed Fund; the Angel CoFund and other investors. In conjunction with the funding, angel investors Matt Slatter and Howard […]