PE Hub Staff

NEW YORK — JPMorgan Partners (JPMP), the private equity arm of J.P. Morgan Chase & Co. (NYSE: JPM), announced today that Alan Marty has joined the firm as an executive-in-residence to drive the expansion of the firm’s investment in the nanotechnology arena. Mr. Marty will work closely with an interdisciplinary team at JPMP to evaluate […]

ATLANTA — Discrete Wireless today announced the completion of a $1.3 million Series B equity capital round of private investment. This followed a series 1 “seed” equity capital private placement in July 2000, bringing the total amount raised to more than $2 million. The company is currently in discussion with local and national venture capital […]

PLEASANTON, CA — HCORP Inc. (formerly EdeNET Communications Inc.) today announced the closing of its second round of venture capital funding, securing more than $19 million. HCORP is the leader in delivering interactive digital education, entertainment, communication and compliance services to improve the delivery of healthcare in hospitals. The $19 million in new funding has […]

SAN FRANCISCO — Fremont Partners announced that it has closed on $920 million of commitments for Fremont Partners III, a private equity fund established to continue Fremont Partners’ successful middle market investment program. The fund exceeded its $850 million target and represents a significant increase over Fremont Partners II, a $605 million fund established in […]

FORT LAUDERDALE, FL – Hostopia, an industry leader in outsourced private-label web hosting for businesses, has secured funding of US $5 million from TELUS Corporation, one of Canada’s leading telecommunications companies, and private investors. The funds raised will enable Hostopia to sustain its high rate of growth, eliminate its borrowings and achieve positive cash flow […]

PLANO, TX — MindFlow Technologies, Inc., today announced that it has received $5.6 million in second-round funding from a syndicate that includes JMI Equity LP, based in San Diego, CA, as well as Castletop Capital and Triton Ventures, both of which are based in Austin, TX. MindFlow Technologies supplies intelligent business applications for strategic sourcing […]

BEDFORD, NH — Imaging Automation, the global leader in document authentication and identity verification technologies, today announced that the company has raised $12 million in financing. NeoCarta Ventures, Inc., the lead investor in this round, Green Mountain Capital and Liberty Venture Partners join previous investors, Keystone Venture Capital and Zero Stage Capital. Imaging Automation plans […]

NEW HAVEN, CT

LONDON — Baring Private Equity Partners today announced that the new Baring Vostok Private Equity Fund had raised committed capital of US$205 million at the final closing of the fund in December 2001. This new private equity fund is targeted at investments in Russia, Ukraine, and other NIS (Newly Independent States) countries. Commitments have been […]

NEW YORK — Albert “Buddy” Coffrin and David Epstein have joined Joe Heller at NextLevel Venture Partners as managing directors. NextLevel is a new East Coast venture capital firm located in New York that helps build early and mid-stage technology companies into profitable businesses. The fund invests in firms from Maine to North Carolina. For […]