DBG Eastern Europe has re-branded itself as Arx Equity Partners, as it raises a new fund independent from former parent Deutsche Bank. www.arxequity.com
Experienced M&A lawyer Mike Kingston has moved from Herbert Smith to US law firm Covington & Burling. He has been appointed to head up the firm's European corporate practice. Kingston has also worked in Paris, Hong Kong and Singapore for Herbert Smith. Roger Enock, managing partner of Covington's London office, commented: “We are very pleased […]
Knight Vinke, run by Dutchman Eric Knight, has accused HSBC management, led by its chairman, Stephen Green, of misleading the market by not writing down another US$30bn worth of mortgage-backed assets, US$23bn of which would come from HSBC Finance Corporation (HFC) in the US. Yesterday, on Monday, when HSBC reported first quarter profit, which was […]
Matt Schumacher has been named a vice president with Boxwood Partners, a Richmond, Va.-based mid-market investment bank. He previously was an associate with Harris Williams & Co. PRESS RELEASE Boxwood Partners, an integrated mid-market investment banking and private investment management firm based in Richmond, VA, is pleased to announce the hiring of Matt Schumacher […]
CitizenHawk Inc., an Aliso Viejo, Calif.?based provider of technology that helps protect brands from cybersquatters, has raised $3 million in Series B funding led by seed backer Maveron. www.citizenhawk.com
Celtro Ltd., an Israel-based provider of switching solutions for the mobile backhaul market, has raised $20 million in new VC funding. Rho Ventures led the round, and was joined by return backers Genesis Partners and Cedar Fund. PRESS RELEASE Celtro, a pioneer and leading global supplier of creative switching solutions for the mobile backhaul […]
Aria Networks, a UK-based provider of planning and optimization solutions for next-generation networks, has raised Gbp2 million from Seraphim Capital. PRESS RELEASE Aria Networks, a leading provider of planning and optimisation solutions for Next-Generation Networks today announce it has secured an investment of Gbp2Million ($4Million) from Seraphim Capital, a Gbp30Million ($60Million) venture capital fund […]
iMove, a Portland, Ore.-based maker of video surveillance equipment, has raised $4.25 million in new VC funding. Oxantium Ventures led the round. The company had previously raised around $16.5 million since 2002 from firms like The Grosnevor Funds, SmartForest Ventures and In-Q-Tel. www.imoveinc.com
Gevo Inc., a Pasadena, Calif.-based developer of advanced biofuels like butanol, has raised $17 million in Series C funding. Burrill & Co. and Malaysian Life Sciences Capital Fund were joined by return backers Khosla Ventures and Virgin Green Fund. The company has raised over $30 million since the beginning of 2007. www.gevo.com
SOA Software Inc., a Los Angeles-based provider of SOA and Web services management, security and governance solutions, has acquired LogicLibrary, a Pittsburgh-based SOA repository and governance vendor. No financial terms were disclosed. SOA has raised over $40 million in VC funding since 1998, from firms like Draper Fisher Jurvetson, Redpoint Ventures, Mellon Ventures, Paladin […]