REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Global healthcare leader Merck (NYSE:MRK) acquired OncoEthix, a Swiss-based privately held biotechnology company specializing in oncology drug development. Financial terms of the acquisition include an upfront payment of up to $110m to OncoEthix. Additional milestone payments of up to $265m are contingent upon certain clinical and regulatory events being achieved. Founded in 2009 and led by […]
Geenio, a Palo Alto, California-based provider of a full cycle learning system for the enterprise, raised a $2M seed funding round. Backers included several individual private investors. The company intends to use the funds to continue building its team and to strengthen product/market fit. Led by Konstantin Andreev, founder and CEO, Geenio provides a subscription-based full […]
According to a SEC filing (read here), Menlo Park, Calif.-based venture capital firm Khosla Ventures is raising a $400m seed fund. The name of issuer is Khosla Ventures Seed C, L.P. Founded in 2004 by former General Partner at Kleiner Perkins and founder of Sun Microsystems Vinod Khosla, Khosla Ventures provides venture capital to entrepreneurs to extend […]
POSpulse, a Berlin, Germany-based retail-analytics startup, received a (euro) mid six-figure investment from High-Tech-Gründerfonds. The company intends to use the funds to further grow the sales team, advance the analytics platform, and expand into more markets internationally in 2015. Led by Dominic Blank, CEO and founder, POSpulse is a specialized analytics provider for consumer goods manufacturers and distributors. It collects data by […]
Three Rounds Uber raises $2.4m in two rounds in June (here) and in December (here) Airbnb Raises $450m (read here) The IPOs of the Year Alibaba (read here) Rocket Internet (read here) OnDeck (read here) Three Acquisitions WhatsApp by Facebook (read here) Oculus VR by Facebook (read here) Nest by Google (read here) The Flop Fab FinSMEs […]
On Deck Capital, Inc. (NYSE: ONDK), a NYC-based online platform for small business lending, closed its initial public offering. The closing included an additional 1,500,000 shares sold to the underwriters pursuant to the full exercise of their over-allotment option. The total number of shares sold was 11,500,000 and the total gross proceeds of the offering […]
Private equity and venture capital firm Quadrivio is to launch a €300m fund dedicated to Italian SMEs. The fund will focus on companies with strong growth potential. Led by Alessandro Binello (President) and Walter Ricciotti (CEO), Quadrivio is a private equity, venture capital, energy, fund of funds and real estate investor with over €1bn of assets under management. […]
Powervation Ltd., a Cork, Ireland-based developer of digital power IC solutions for designers of communications, computing, and power supply solutions, raised $7m in financing. It included a $3.0m term debt agreement with Ares Capital Corporation and a $4m private equity financing with existing investors Scottish Equity Partners (SEP), Braemar Energy Ventures, Intel Capital, VentureTech, 4th Level Ventures, and […]
NoteVault, Inc., a San Diego, CA-based provider of voice-to-text-based mobile reporting solutions for the engineering and construction industry, received a follow-on investment of undisclosed amount from West Partners. West Partners made its original investment in NoteVault in February of 2014 (read here). The proceeds will enable the company to continue expanding its sales and marketing […]
Zealot Networks, a Los Angeles-based digital-first media company and growth accelerator, closed a strategic investment from ITV, the integrated producer broadcaster that operates the largest commercial family of channels in the U.K. Under the terms of the deal, ITV will join the board of directors. The new round put Zealot over the $100m valuation mark […]
PuzzleSocial, a NYC-based mobile crossword developer, raised $3m in Series A funding. The round was led by KiwiTech with participation from former HBO president Thayer Bigelow, Mark Wachen of Upstage Ventures and other NYC-based angels. The company intends to use the funds to continue bringing Daily Celebrity Crossword to the mass market. Led by CEO […]
SideChef, a Los Angeles, CA-based cooking app, closed $1m in seed funding. The round was led by Empower Investment and Peacock Capital. The company intends to use the funds to create partnerships with various companies in the United States and expand their network and their library of recipes as well as other content including cooking […]
Elemental Technologies, a Portland, Oregon-based provider of software-defined video solutions for multiscreen content delivery, closed $14.5m in Series D financing. The round was led by Telstra with participation from existing investor General Catalyst Partners, Norwest Venture Partners and Voyager Capital. The company intends to use the funds to accelerate worldwide growth and expand its suite […]
Orchestro Inc., a McLean, Va.-based demand analytics and orchestration software, secured a $9.8m in funding. The round was led by Novak Biddle Venture Partners with participation from existing investors CNF Investments and New Markets Venture Partners. The company intends to use the funds to expand its sales and marketing efforts, as well as grow its […]
Hive Cloud Limited, a San Francisco-based creator of a social network for file sharing, secured $500K in seed financing. Backers included Bigcolors, Link11 GmbH, and private angel investors. The company plans to use the funding to build out the team and accelerate scaling of the platform to manage the global growth of the service. Led […]