Vopium AS, a Copenhagen-based provider of mobile telecom services for Europeans making international calls, has raised around EUR 4.2 million in VC funding from Enex Group. PRESS RELEASE Vopium A/S has closed a venture capital financing agreement of EUR 4.2 million – approx. DKK 32 million – from the Luxembourg-based investment company Enex Group SA. […]
Visible World Inc., a New York-based provider of a tech platform that enables automated delivery of customized television advertisements, has raised $25 million in Series C funding. Adams Street Partners and AllianceBernstein co-led the round, and were joined by return backers Comcast Interactive Capital, Viacom, Dawntreader Fund, Time Warner Investments, Grey Ventures and Leucadia National. […]
Ontela Inc., a San Diego-based maker of camera phone picture-saving technology, has raised around $10 million in Series B funding. Steamboat Ventures led the round, and was joined by return backers Hunt Ventures, Oak Investment Partners and Voyager Capital. It had raised a $4.5 million Series A round in late 2006. PRESS RELEASE Ontela, […]
Pelago, a Seattle-based provider of software that combines smartphone mapping technology with social networking, has raised $15 million in Series B funding. T-Mobile Venture Fund led the round, and was joined by Reliance Technology Ventures, DAG Ventures and return backers Kleiner Perkins Caufield & Byers, Trilogy Equity Partners and Bezos Expeditions. The new Kleiner Perkins […]
Sullivan & Worcester LLP has formed a Climate Change Group to address a variety of environment-related business, legal and risk-management issues. PRESS RELEASE Sullivan & Worcester LLP announced today that it has formed a Climate Change Group to address a variety of business, legal and risk-management issues arising from the global need to preserve […]
Kyriba Corp., a provider of Web-based cash and treasury management solutions, has raised $7 million in new VC funding. Coface was joined by return backers GRP Partners and Banque Populaire. The company has now raised around $43.5 million since 2001. PRESS RELEASE Kyriba Corporation, the leader of web-based cash and treasury management solutions, announced […]
Hunt Ventures has closed its first institutional fund with $140 million in capital commitments. The Dallas-based firm was founded in 1998, to invest on behalf of Hunt Consolidated Inc. and HCI founder Ray Hunt. It will use some of the new capital to support existing portfolio companies, and the rest to make new investments. […]
Actis has sold its stake in Shunda Holdings Co Ltd., a China-based upstream supplier to the solar power industry, to Suntech Power Holdings Co. Ltd. (NYSE: STP) and an undisclosed investor. No financial terms were disclosed. PRESS RELEASE Actis, a leading private equity investor in emerging markets, announced that it has sold its stake […]
Nate Ford has been named head of the M&A group in Faegre & Benson LLP's Denver office. PRESS RELEASE Nathaniel (Nate) Ford, a partner in the corporate practice of the Faegre & Benson LLP Denver office, was recently appointed head of the firm's mergers and acquisitions practice in Colorado. Blair Lockwood, head […]
Rutland Partners has promoted Ben Slatter to the position of partner. He had joined the firm in 2001. www.rutlandpartners.com