Covestor, a social networking company focused on personal investing, has raised $6.5 million in Series A funding. Backers include Spark Capital, Union Square Ventures, Amadeus Capital, Howard Lindzon and John Borthwick. Spark’s Bijan Sabet blogs about Covester here, while USV’s Fred Wilson blogs here.
Austin Beutner is retiring as president, co-CEO and board member of Evercore Partners, effective May 1. Beutner co-founded the firm in 1996 with Roger Altman, but has been on medical leave since undergoing a series of medical procedures in mid-December related to an earlier bicycle accident. PRESS RELEASE Evercore Partners Inc. (EVR) announced today that […]
Marvin Barth has joined Tennenbaum Capital Partners as chief investment strategist. He previously was chief economist for international affairs with the U.S. Treasury Department. PRESS RELEASE Tennenbaum Capital Partners, LLC, today announced that Marvin Barth has joined the firm as Chief Investment Strategist.Mr. Barth was previously Chief Economist for International Affairs at the U.S. […]
The Nielson Co. has agreed to acquire IAG Research, a New York-based provider of analytics for television ad effectiveness. The deal is valued at $225 million, and is expected to close later this quarter. IAG had raised over $71 million in VC funding since 2001, including a $47.5 million Series E round in 2006 from […]
Digital Domain Inc., a Venice, Calif.-based visual effects and animation company, has set its IPO terms to six million common shares being offered at between $12 and $14 per share. The company would have an initial market cap of approximately $268 million, were it to price at the high end of its offering range. Digital […]
Marin Software, a San Francisco-based provider of paid search management applications for advertisers and agencies, has raised $7.25 million in Series B funding led by Benchmark Capital. PRESS RELEASE Marin Software, provider of the leading enterprise-class paid search management application for advertisers and agencies, today announced a $7.25 million Series B financing led […]
Michael Moran has joined Cleveland-based Linsalata Capital Partners as a vice president. He previously was director of M&A with KeyBank Capital Markets. PRESS RELEASE Linsalata Capital Partners (LinCap), a Cleveland-based private equity firm, announced today the addition of Michael J. Moran as vice president. Mr. Moran joins Linsalata Capital Partners following 10 years of […]
Michael Gutch has joined H.I.G. Ventures as a member of its life sciences team. He previously was a venture partner with Lilly Ventures. PRESS RELEASE H.I.G. Ventures, the venture capital affiliate of H.I.G. Capital, announced today the addition of Michael Gutch, Ph.D. to its life sciences investment team. Michael will work with H.I.G. […]
DeepFlex Inc., a Houston-based maker of composite pipe for use in deepwater and ultra deepwater oil and gas production, has raised $33 million in Series C funding. Nomura Private Equity led the round, and was joined by Heico Acquisitions, Promon International and return backers Altira Group, Energy Ventures and CTTV Investments. PRESS RELEASE […]
TargetRx Inc., a Horsham, Penn.-based provider of sales and marketing analytics for pharma companies, has raised $9.6 million in new VC funding. Return backers include Quaker BioVentures, New Enterprise Associates and Domain Associates. PRESS RELEASE TargetRx Inc. today announced that the company has received $9.6M of venture funding led by existing investors Quaker BioVentures, […]