BlogTalkRadio, a New York-based online talk radio broadcasting network, has raised $4.6 million in Series A funding. The Kraft Group led the deal, and was joined by individual angels like ex-hedge fund manager Scott Sipprelle. PRESS RELEASE BlogTalkRadio (www.blogtalkradio.com), the first and largest online talk radio broadcasting network, today announced that it raised […]
BlueRoads, a San Mateo, Calif.-based provider of partner opportunity management solutions, has raised $6 million in Series E funding. ZenShin Capital led the round, and was joined by return backers ArrowPath Venture Capital, Cardinal Venture Capital and El Dorado Ventures. It had previously raised around $25 million. PRESS RELEASE BLUEROADS, a leading provider […]
Miyowa, a Paris-based provider of IM and other mobile software, has raised $8 million in Series B funding. Credit Agricole Private Equity was joined on the deal by return backer Techfund. PRESS RELEASE Miyowa, a dynamic global company providing compelling instant messaging and presence enriched Mobile Web 2.0 technologies, today announced completion of a […]
TynTec, a mobile messaging operator, has raised an undisclosed amount of private equity funding from HarbourVest Partners. The company was represented on the deal by Corporate Finance Partners, and has offices in the UK, Germany and Singapore. PRESS RELEASE Mobile messaging operator TynTec (www.tyntec.com) today accepted a significant minority investment from HarbourVest Partners, […]
Aspen Aerogels, a Northborough, Mass.-based nanotech company focused on insulation materials, has raised $37 million in fourth-round funding. Arcapita Ventures led the round, and was joined by return backers Lehman Brothers Venture Partners Reservoir Capital Group and RockPort Capital Partners. The company had previously raised over $61 million. www.aerogel.com PRESS RELEASE Arcapita Ventures announced […]
Fotech, a UK-based developer of monitoring and surveillance solutions for oil and gas wells and pipelines, has raised Gbp6.5 million in VC funding. Participants include Scottish Equity Partners, Energy Ventures and Shoaibi Group (Saudi Arabia). PRESS RELEASE Energy technology company Fotech has secured Gbp6.5 million venture funding from Scottish Equity Partners, Energy Ventures and Saudi […]
Initiate Systems Inc., a Chicago-based provider of master data management software, has withdrawn registration for a $75 million IPO, citing unfavorable market conditions. The company had planned to trade on the Nasdaq, with Goldman Sachs serving as lead underwriter. Shareholders include Sigma Partners (29.6% pre-IPO stake) and Apex Venture Partners (11.8%). www.initiatesystems.com
LONDON (Reuters) – Distressed debt in emerging markets is now harder to find than in developed economies, asset manager Ashmore says, but its “special situations” funds see good growth in emerging private equity. Ashmore's Global Special Situations Funds started a decade ago picking up distressed corporate debt in developing economies and helping companies achieve profitable […]
SpringSource, a San Mateo, Calif.-based provider of an enterprise Java application server, has raised $15 million in Series B funding. Accel Partners led the round, and was joined by return backer Benchmark Capital. PRESS RELEASE SpringSource, the company behind Spring, the de facto standard in enterprise Java, and a leading provider of infrastructure software, today […]
Compass Diversified Holdings has agreed to sell its majority stake in Aeroglide Holdings Inc. to Buhler Holding AG for an enterprise value of $95 million. Aeroglide is manufacturer of industrial process drying and cooling systems. PRESS RELEASE Compass Diversified Holdings (Nasdaq GS: CODI), a leading acquirer and manager of middle market businesses, announced today […]