Connie Loizos

The publicly traded fund Firsthand Technology Value Fund has, for the second time this month, acquired shares of the common stock of Gilt Groupe Holdings, the flash-sales startup based in New York. According to a release, it just purchased 34,714 shares. Two weeks ago, Firsthand acquired roughly 54,000 shares of Gilt’s common stock. PRESS RELEASE: […]

Andreessen Horowitz has been shaking things up since debuting on the venture scene nearly three years ago. Now, thanks to an early investment in Instagram, it has nearly returned its first fund, too.

The pay-to-play saga continues. Earlier today, the SEC announced that at long last, it is charging former CalPERS CEO Fred Buenrostro and Alfred Villalobos – a former CalPERS board member turned placement agent –with fabricating letters in a scheme to enrich themselves.

Atlanta-based Cox Enterprises and its Cox Communications unit have made an investment in InSite Wireless Group, based in Alexandria, Va. Insite owns, runs, and manages wireless communication tower site facilities and distributed antenna systems across the U.S., Puerto Rico, and the U.S. Virgin Islands. In exchange for its stake, Cox will provide InSite with 150 […]

Sterling Infosystems, Inc., a company owned by management and Calera Capital, a San Francisco-based private equity firm, today announced it has acquired Vancouver-based BackCheck, which makes background checking products and services. Terms of the deal were not disclosed. PRESS RELEASE: BackCheck, Canada’s largest provider of background checking services and one of the largest providers of […]

Gridco Inc., a smart grid power management startup founded by Naimish Patel, founder of publicly traded Sycamore Networksm has raised $8 million in funding from investors, according to an SEC filing that appeared early yesterday. Patel is listed as president of Gridco. Among those listed as Gridco’s directors are Ric Fulop, a partner at North […]

Advus, a New York-based software company specializing in corporate performance management, has acquired InfoSecure of Chevy Chase, Md., a company specializing in the deployment of massive cloud-based systems for communications and related enterprise applications. Financial terms of the deal were not disclosed. PRESS RELEASE: NEW YORK, April 19, 2012 /PRNewswire via COMTEX/ — Advus Corporation, […]

Eucalyptus Systems, a Santa Barbara, Calif.-based creator of private cloud platforms, has just closed an “oversubscribed” $30 million Series C round of funding led by Institutional Venture Partners. Existing investors, including Benchmark Capital, BV Capital, and New Enterprise Associates also joined the round. To date, Eucalyptus, led by CEO Marten Mickos (former CEO of MySQL) […]

Brooks, Houghton & Co., a New York-based bank serving middle market and emerging growth companies, announced today that it acted as the exclusive advisor to Memorial MRI & Diagnostic Center in the recapitalization of the company to Baymark Partners, a Dallas-based private equity firm. Terms for the Houston-based company were not disclosed. PRESS RELEASE: Brooks, […]

MTS Health Investors, a New-York based healthcare private equity firm, announced today that it has partnered with the physician owners of Florida Gulf-to-Bay Anesthesiology Associates to recapitalize the business and provide capital to support future growth. Management, led by President and CEO Devanand Mangar, will retain a significant stake in the company. Terms of the […]