REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
GoCardless, a London, UK-based payments platform, raised $7M in Series B funding. The round was led by Balderton Capital, with participation from existing investors Accel Partners and Passion Capital. It is also backed by Y-Combinator. In conjunction with the funding, Tim Bunting, General Partner at Balderton Capital, will join GoCardless Board. The company intends to […]
Cloud Party, a San Jose, CA-based gaming company focused on virtual worlds, has been acquired by Yahoo! (Nasdaq: YHOO). The amount of the deal was not disclosed. Co-founded in 2011 by CEO San Thompson and CTO Conor Dickinson, and engineers Jered Windsheimer and Jimb Esser, Cloud Party is a free-to-play virtual world that allows developers […]
Wadi Ventures, a Tel Aviv-based early stage venture fund, received an investment from BlueNext, an Italian holding company. In conjunction with the transaction, whose amount was not disclosed, Mr. Giacomo Mariotti, a serial entrepreneur in the IT industry and President of Assosoftware, the Italian Software Association joined Wadi’s Supervisory Board. Founded in August 2012 by […]
Chicago-based private equity firm GTCR held the final closing of its eleventh buyout fund, at $3.85 billion. GTCR Fund XI, which had a target of $3.25 billion, was oversubscribed and backed by public pension funds, endowments, foundations, fund of funds and individuals, including GTCR professionals. Led by David Donnini and Phil Canfield, Fund XI will […]
Zikk Software, an Israeli mobile technology startup, completed a pre-seed funding round with Wadi Ventures. The amount of the deal was not disclosed. The company intends to use the funds to further develop its products and increase partnerships with mobile network operators. Co-founded in 2013 by Ariel Gottfeld, CEO, and Ofir Lessel, CTO, Zikk Software […]
tenKsolar, a Minneapolis, Minnesota-based producer of commercial rooftop solar solutions, received an initial investment from funds managed by Oaktree Capital Management, L.P.‘s GFI Energy Group. The amount of the transaction was not disclosed. Founded in 2008 by President and CTO Dallas Meyer and led by CEO Joel Cannon, tenKsolar designs, manufactures and markets photovoltaic solutions […]
Telekenex, Inc., a San Francisco, California-based provider of hosted communications, security solutions and managed network/IT solutions to small and medium-sized business and enterprise customers, received an investment from Spire Capital. Senior debt capital for the transaction was provided by Webster Bank, N.A. The company plans to use the proceeds to expand its solutions. Founded in […]
PicBadges, an Israeli provider of a platform for collecting and creating visual symbols that represent personal interests, actions and achievements, raised a pre-seed funding from Wadi Ventures. The amount of the round was not disclosed. The company intends to use the funds to further develop its product by strengthening the bond between content creators and […]
MyActivityPal, Inc., a San Francisco, CA- and Seattle, WA-based provider of a mobile messaging and social networking app, raised $5m in Series A funding. Sameer Gehlaut, Chairman and Co-founder of the $3.2 Billion Indiabulls group, backed the company. The company intends to use the funds for product development, additional hiring, launch and the user acquisition […]
Shockwave Medical, a Fremont, California-based developer of intravascular devices for patients with challenging calcified cardiovascular disease, raised $12.5m in Series A financing. The round was led by Sofinnova Partners. In conjunction with the funding, Antoine Papiernik of Sofinnova Partners, joined Shockwave’s board of directors. The company intends to use the funds for the development and […]
Shoptagr, a Tel Aviv, Isael-based developer of an online shopping tool that tracks changing prices on the fashion items, completed a pre-seed funding round of undisclosed amount. Backers included Wadi Ventures and other private angel investors. The company intends to use the funds to expand operations. Led by CEO and Co-Founder Jonathan Friedman, Shoptagr allows […]
AutoGrid Systems, a Redwood Shores, CA-based provider of Big Data analytics and cloud computing solutions for the energy industry, raised $12.75m in Series C financing. Backers included large European utility E.ON as well as existing investors Foundation Capital and Voyager Capital, among others. The company intends to use the funds to expand operations. They are hiring […]
LiveOps, Inc., a Redwood City, California-based provider of cloud contact center and customer service solutions, closed a $30m debt financing from Comerica Bank. The company intends to use the funds to accelerate growth worldwide. In conjunction with the funding, LiveOps, acquired UserEvents and its flagship product CxEngage, a contextual routing engine that can aggregate and […]
TigerText, a Santa Monica, CA-based provider of real-time messaging for the enterprise, closed a $21m Series B funding round. The round was led by Shasta Ventures with participation from OrbiMed, Reed Elsevier Ventures, and TELUS Corporation, and existing investors Easton Capital, New Leaf Venture Partners, and New Science Ventures. The company intends to use the funds […]
PricePanda, a Singapore-based price comparison platform, raised $3m in funding from Tengelmann Group. The company intends to use the funds to expand in additional countries in the upcoming months, scale operations and continue to enhance the service. Co-founded in 2012 by Christian Schiller and Louis Iskandar, PricePanda allows shoppers to find and compare the price-quality ratio of thousands […]