Mark Boslet

Rancard Solutions Limited said it raised growth capital from Adlevo Capital Managers and Intel Capital. No terms were disclosed. The investment in mobile software developer Rancard is Intel’s first in Ghana and second in Africa, following the 2011 investment in Altech of South Africa. Intel Capital now has investments in 52 countries. Adlevo is a […]

With the deal, the Troy, Mich., company becomes the latest GSR-funded electric-vehicle firm to set up manufacturing in China. Last year, battery maker Boston-Power raised more than $125 million to construct a Chinese manufacturing plant for its lithium-ion batteries.

OwnerIQ said it raised $7.5 million in a Series E round led by Longworth Venture Partners and Kepha Partners and joined by its six existing investors. The company said it doubled its valuation. No additional details were available. PRESS RELEASE OwnerIQ Secures New Round of Funding, Doubles Valuation Transforming brands’ online audiences into ownership-targeted media […]

Aviary said it closed a $6 million round of funding from Spark Capital, Bezos Expeditions, and unidentified strategic investors. The New York company, which is developing a photo editing platform, said the platform is used by 8 million people, who have edited 100 million photos in the past 30 days. PRESS RELEASE Aviary’s usage skyrockets, […]

Prioria Robotics said it completed the final tranche of a $5.5 million Series C round with Athenian Venture Partners joining lead investor Advantage Capital Partners and existing investor Florida Gulfshore Capital. No further explanation of the round or its timing was provided. PRESS RELEASE Athenian Venture Partners Joins $5.5M Round of Financing for Prioria Robotics […]

Calixar SAS said it received initial funding of EUR 875,000 ($1.1 million) from Siparex, Veymont Participations, INPG Entreprise SA and regional business angels from the Health-Angels Rhone-Alpes, Savoie Angels and Grenoble Angels networks.The company develops membrane protein services. PRESS RELEASE Calixar closes an initial EUR 875,000 funding round The funds will enable the Lyon-based membrane […]

Astute Networks Inc. said it raised $12 million in an over subscribed Series B round led by Samsung Venture Investment Corp. The rounded was joined by existing investors Tallwood Venture Capital and Narra Venture Capital and by new investors Ayala Capital, ICCP Venture Partners, and TIFF. PRESS RELEASE ASTUTE NETWORKS CLOSES $12 MILLION SERIES B […]

PaR Systems, Inc. said it acquired OakRiver Technology, Inc., a developer of platform technology for medical device makers. .PaR Systems is an MML Capital Partners portfolio company. PRESS RELEASE PaR Systems Acquires OakRiver Technology Saint Paul/Minneapolis, Minnesota (June 13, 2012)– PaR Systems, Inc., the custom engineered systems company providing automation solutions for critical applications, today […]

Private equity firm Vista Equity Partners acquired Bullhorn, Inc. No terms were disclosed. Recruiting software developer Bullhorn will operate as a stand-alone company. PRESS RELEASE Bullhorn Inc. has been Acquired by Vista Equity Partners Acquisition to Accelerate Bullhorn’s Growth and Product Plans BOSTON, MA (June 14, 2012) ― Bullhorn, Inc., the market leading recruiting software […]

Solar Mosaic said it received a $2 million grant from the Department of Energy to build an online crowdfunding platform for Americans to fund solar projects. The company recently raised a $2.5 million Series A from venture capitalists. PRESS RELEASE Mosaic Awarded $2M from Department of Energy for Solar Finance Innovation Brings on Greg Rosen, […]