Syntellect Ltd., a unit of Enghouse Systems Ltd. (TSX: ESL), has Fluency Voice Technology Ltd., a UK-based provider of on-premise and hosted packaged speech recognition solutions for call centers. No financial terms were disclosed. Fluency Voice had raised over $16 million in VC funding from Favonius Ventures and Kennet Venture Partners. PRESS RELEASE […]
Zayo Bandwidth, a Louisville, Colo.-based regional provider of fiber-based network services, has acquired Northwest Telephone Inc., a CLEC and IXC currently operating in Washington, Oregon and Idaho. No financial terms were disclosed. Zayo last year secured access to $225 million in private equity funding, from firms like Columbia Capital, M/C Venture Partners, Oak Investment […]
oDesk, a Menlo Park, Calif.-based marketplace and management platform for technical work, has raised $15 million in Series C funding. DAG Ventures led the round, and was joined by return backers Benchmark Capital, Globespan Capital Partners and Sigma Partners. It has now raised $30 million since late 2004. PRESS RELEASE oDesk, the leading marketplace […]
The Pennsylvania State Employees' Retirement Board today will receive recommendations that it approve commitments to Great Hill Equity Partners IV and HIG Bayside Debt & LBO Fund II. It also will receive interview recommendations for Clessidra Capital Partners II, Avenue Europe Special Situations Fund, Dover Street VII, Guggenheim Technology Ventures I and Vista Equity […]
TelaDoc Medical Services has raised an undisclosed amount of private equity funding from Trident Capital. The Dallas-based company provides around-the-clock access to telephone consults with trained primary care doctors who diagnose medical problems and, when necessary, prescribe medication. PRESS RELEASE With TelaDoc Medical Services (www.teladoc.com) now positioned as the leading platform in telehealth, an […]
Jeffrey Lerner has joined Hudson Capital Partners as an executive vice president, with responsibility for business development and client services. He has spent the past nine years with Great American Group, where he was president and founding partner of its Advisory and Valuation Services division. PRESS RELEASE Hudson Capital Partners, LLC, a national […]
Syntensia AB, a Stockholm, Sweden-based provider of on-demand network security solutions, has raised $3.5 million in new VC funding led by InnovationsKapital. The deal also includes a $4 million option. PRESS RELEASE Syntensia AB, a pioneer in subscription Network Security-On-Demand solutions, has secured financing of $3.5 million with an option for an additional […]
Motricity Inc., a Durham, N.C.-based provider of mobile marketplace management solutions, has sold its smartphone and direct-to-consumer businesses to PocketGear, a new company formed by Motricity co-founder and former CTO Jud Bowman. No financial terms were disclosed, except that PocketGear has raised an undisclosed amount of VC funding from Motricity shareholders Noro-Moseley Partners and Wakefield […]
Bjorn Saven has been named executive chairman of Industri Kapital. He has been chairman and CEO of Industri Kapital since 1989, and will continue to manage the firm with managing partners Detlef Dinsel, Christopher Masek, Michael Rosenlew and Gustav Ohman. www.industrikapital.com
Inimex Pharmaceuticals Inc., a Vancouver-based developer of medicines that use selective modulation of the innate immune response, has raised US$22 million in Series B funding. Morningside Venture Investments led the round, and was joined by Astellas Venture Management, Advantage Life Science Fund and return backers BC Advantage Funds, BDC Capital, British Columbia Discovery Fund, Canadian […]