PE Hub Staff
PALO ALTO, CA — Accel-KKR Inc. announced today that Paul Hazen joined its board of directors and will serve as chairman. Mr. Hazen served as chairman and chief executive officer of Wells Fargo & Co. (NYSE: WFC) from January 1995 to November 1998, president and chief operating officer from 1984 to 1995 and vice chairman […]
CHICAGO — Houlihan Lokey Howard & Zukin, an international investment bank headquartered in Los Angeles, today announced that David E. West, has joined the firm as a Director in its Chicago office. With 20 years of financing experience, Mr. West will be responsible for originating private placements of debt, equity-linked and equity securities for the […]
LONDON — With effect from today, the business formerly known as Dresdner Kleinwort Benson Private Equity will be known by the brand name “Dresdner Kleinwort Capital” (“DrKC”) on a global basis. Dresdner Kleinwort Capital is the sole private equity business of Dresdner Kleinwort Wasserstein, the investment banking division of Dresdner Bank AG. NEW YORK — […]
NEW ROCHELLE, NY — The MusicBooth LLC, an online advertising services and technology company whose patented new AdAcoustics technology enables advertisers to deliver targeted, one-on-one audio messages within broadcast and web cast radio streams, today announced it has raised $2.3 million in second round funding led by Prime Ventures Inc. BOSTON — Ximian, the leading […]
ROCKLEDGE, FL — e-Security, Inc., today announced it received $13 million in equity financing, led by Boston-based Fidelity Ventures and Reston, Va.-based Updata Venture Partners. Proceeds of the funding will be used for working capital purposes to support e-Security’s position as the market share leader in the real time security monitoring space, and accelerate e-Security’s […]
HAYWARD, CA — eFORCE, a 21-month-old e-business integrator today announced that it has received $16 million in its third round of funding. The funding includes investments from new venture partners, GE Asia Pacific Capital Technology Fund and Itochu Corporation Japan, and previous investors Greylock and Norwest Venture Partners. eFORCE will use the funds to support […]
PRINCETON, NJ — JustBalls Inc. the sports equipment and affinity marketing company focused on the $5 billion global ball market, announced the completion of a successful capital fundraising campaign which brings over $13 million of new working capital to the Company. The new round, led by Zesiger Capital Group, was accomplished despite an overall scarcity […]
LOS ANGELES — Dynamics Direct Inc. has closed a $12.5 million round of Series D preferred financing, co-led by Botticelli Venture Funds (whose significant investors include Omnicom Group Inc.) and Mofet Venture Capital Fund, with investment, also, from Poalim Capital Markets Technologies Ltd. Other investors in the round include Polaris Venture Capital (a fund affiliated […]
STAMFORD, CT — zUniversity, the premier university-branded network for higher education, announced today that it has secured $10 million in a first closing of its Series B round of financing, led by Wheatley Partners L.P. and LJH Partners L.P. zUniversity continues to strengthen its marketing and sales efforts with its university partner network, already the […]
SAN DIEGO — Venture Catalyst Incorporated (Nasdaq:VCAT) announced today that all business activities will focus solely on the gaming industry. VCAT will provide infrastructure, technology integration, and consulting services for California Indian gaming and gaming related clients. Services to other clients will be phased out over the next 30 days and transitioned to other service […]