Zuora Inc., a Mountain View, Calif.-based provider of SaaS for subscription management and billing, announced that it has raised $6.5 million in Series A funding led by Benchmark Capital. peHUB first reported on the news back in January. PRESS RELEASE Zuora, Inc., a new company that simplifies online subscription services, today announced that it […]
Specific Media, an Irvine, Calif.-based online advertising network, has acquired UK ad network operator Adviva Media Ltd. No financial terms were disclosed. Specific Media last year raised $100 million from Francisco Partners, while Adviva had raised EUR 6.6 million in VC funding from Kennet Partners. PRESS RELEASE Specific Media, the largest independent online advertising network, […]
eASIC Corp., a Santa Clara, Calif.-based fabless maker of zero mask-charge ASIC chips, has raised $48 million in Series F funding. Advanced Equities led the round, and was joined by return backers Khosla Ventures, Kleiner Perkins Caufield and Byers, Crescendo Ventures and Evergreen Venture Partners. It had previously raised around $32.5 million since 2004. PRESS […]
Ella van Gool has joined DLA Piper as a Palo Alto-based regional manager of the firm's Venture Pipeline Group. She previously was the chief representative of the Netherlands Business Support Office. Get more info. PRESS RELEASE DLA Piper US LLP announced today that Ella van Gool has joined the firm's Palo Alto office as a […]
IBM (IBM) has acquired Encentuate Inc., a Redwood City, Calif.-based provider of identity and access management software. No financial terms were disclosed. Encentuate had raised $18.2 million in VC funding since 2003, from firms like Gabriel Venture Partners, VSP Capital and August Capital Management. PRESS RELEASE IBM (NYSE: IBM) today announced it has acquired Encentuate, […]
Microsoft Corp. has agreed to buy Kidaro, an Israeli provider of virtual desktop computing for the enterprise. No financial terms were disclosed. Kidaro has raised $14 million in VC funding since 2004, from Genesis Partners, Storm Ventures and Opus Capital. PRESS RELEASE Microsoft Corp. today announced its intended acquisition of Kidaro, a leading provider of desktop […]
ShareThis, a San Francisco-based provider of online content sharing solutions, has raised $15 million in Series B funding led by Draper Fisher Jurvetson. The company had raised a $6 million Series A round last year from firms like Blue Chip Venture Co., Illinois Ventures, DFJ Mercury, Queen City Angels and RPM Ventures. ShareThis CEO Tim […]
The London Pensions Fund Authority has selected JPMorgan Private Equity Fund Services to provide portfolio administration and performance reporting for its alternative investment portfolio. PRESS RELEASE JPMorgan announced today that it has been selected by London Pensions Fund Authority (LPFA), the largest local government pension scheme in London, to provide portfolio administration and performance […]
Kevin Tom has joined Wedbush Capital Partners as a senior associate. He previously was with KRG Capital Partners. The firm also promoted Ben Wu to vice president and Karan Kapoor to associate. PRESS RELEASE Wedbush Capital Partners is pleased to announce that Kevin Tom has joined the firm as Senior Associate. Kevin previously was with […]
BHG Acquisition Corp. has filed for a $350 million IPO, with Credit Suisse and Deutsche Bank Securities serving as co-lead underwriters. The Greenwich, Conn.-based blank check acquisition company is led by Cliff Robbins, a former partner with both General Atlantic and KKR, who currently runs an investment manager firm called Blue Harbour Group. The only […]