Plusmo Inc., a Santa Clara, Calif.-based developer of mobile widgets, has raised $4.41 million in Series A funding led by New Enterprise Associates, according to a regulatory filing. www.nea.com
1Verge Inc., a Beijing-based Internet company formed by former Sohu.com president Victor Koo, has raised $25 million in Series C funding, according to a regulatory filing. Backers include Fallaron Capital, Chengwei Ventures, Brookside Capital and Sutter Hill Ventures.
Goodrec Inc., a San Francisco-based Web 2.0 company focused on helping users remember, share and find recommendations, has secured $900,000 of a $1.05 million Series A round, according to a regulatory filing. Backers include SoftTech VC and Chance Technologies Seed. www.goodrec.com
Buzzd, a location-based mobile startup headquartered in New York, has raised around $3 million in Series A funding (including convertible securities), according to a regulatory filing. It had previously disclosed the round, but not the dollar amount. Backers include Greycroft Partners and Monitor Venture Partners. www.buzzd.com
Safety-Kleen Holdo, a Plano, Texas-based provider of oil collection, re-refining and recycling in North America, has filed for a $300 million IPO. It plans to trade on the NYSE under ticker symbol SK, with Merrill Lynch and JP Morgan serving as co-lead underwriters. he move comes just days after JPMorgan Partners (managed by CCMP […]
United BioSource Corp., a Bethesda, Md.-based provider of evidence-based services and information to the pharma and life sciences markets, has acquired Envision Pharma, a UK-based provider of scientific communication services integration. No financial terms were disclosed, although a United BioSource regulatory filing indicates a price of around $3.74 million. United BioSource has raised $153 […]
LONDON, May 2 (Reuters) – The financial backing for the sale of French power conversion firm Converteam is taking shape, banking sources said on Friday. Converteam, which could fetch over 1 billion euros ($1.6 billion), is being sold by Barclays (BARC.L: Quote, Profile, Research) Private Equity in an auction which has generated interest from private […]
Devinjit Singh has agreed to join The Carlyle Group as a managing director focused on Indian buyouts. He currently heads Citi's India M&A business. Read more
Apax Partners, a global private equity firm, is considering following US peers The Blackstone Group and Apollo Management by selling a stake in its management company. Reports today suggest that Apax is in discussions with three unnamed investors, believed to come from the Middle East, Asia and North America, which would provide liquidity for the […]
European Capital has issued a statement saying it remains committed to European buyouts. The statement follows a report in a UK newspaper yesterday which suggested that parent company, NASDAQ-listed American Capital, had barred London-listed European Capital from making any further investments. In a carefully worded statement, Ira Wagner, President of European Capital Financial Services said: […]