[x+1], a New York-based provider of predictive online marketing, has raised $16 million in new VC funding. Advanced Technology Ventures led the round, and was joined by return backers Hudson Venture Partners and Blue Chip Venture Company. PRESS RELEASE [x+1], http://www.xplusone.com, the leader in predictive online marketing, announced today that it has secured […]
SkyFire (fka DVC Labs), a San Jose, Calif.-based developer of mobile Web browsers, has raised $13 million in Series B funding. Lightspeed Venture Partners led the round, and was joined by return backers Matrix Partners and Trinity Ventures. The company previously raised a $4.8 million Series A round. www.skyfire.com
Xtract, a Helsinki-based provider of social advertising intelligence, has raised EUR 3.5 million in VC funding. Creandum led the round, and was joined by return backer Eqvitec. PRESS RELEASE Creandum, a leading early-stage technology investor in the Nordic region, invests EUR 3.5 million into the social advertising intelligence innovator firm Xtract together with […]
HONG KONG, May 28 (Reuters) – Yangzhou Chengde Steel Tube Co Ltd, 49 percent owned by U.S. private equity giant Carlyle Group [CYL.UL], has hired Lehman Brothers (LEH.N: Quote, Profile, Research) to help it seek strategic options, according to sources with direct knowledge of the matter. Yangzhou Chengde Steel is considering a range of options, […]
NEW YORK (Reuters) – Private equity firm Ripplewood Holdings is considering starting a bond insurer to compete with industry leaders such as Ambac Financial Group (ABK.N: Quote, Profile, Research) and MBIA Inc (MBI.N: Quote, Profile, Research), the New York Post reported on Wednesday. Ripplewood would look to raise $1.5 billion to launch the effort, according […]
NDTV Networks PLC, an Indian news and infotainment broadcaster, has sold a 26% ownership stake to NBC Universal for $150 million. NDTV had raised around $20 million late last year from Velocity Interactive Group. PRESS RELEASE NDTV group and NBC Universal have successfully concluded their strategic partnership initiative for the NDTV Networks business.By […]
TPG Capital is targeting $7 billion for a new fund focused on the financial services market, according to LBO Wire. It already has secured a $2.5 billion commitment from GIC and $100 million from the New Jersey State Investment Council. www.tpg.com
CapMan has agreed to acquire the management companies of Russian private equity fund Norum, from the company's senior management, DnB NOR Bank and Sitra Management. PRESS RELEASE CapMan Plc has signed an agreement to acquire management companies of Norum Russia Fund III (“Norum”) from the company's senior management, DnB NOR Bank ASA and Sitra […]
Medipacs, a Tucson, Ariz.-based developer of medical devices using hydrogel polymers, has raised $1.65 million in first-round funding led by Mesa Verde Venture Partners. PRESS RELEASE Medipacs, Inc., a Tucson, Arizona based medical device company, announced today that is has secured an initial financial investment of $1.65 million. The financing has been provided by Mesa […]
Lonza has agreed to acquire Amaxa, a Cologne, Germany