James Rubin and Daniel Selmonosky have joined BC Partners as senior partners in the firm's New York office, effective May 1. They previously were founding partners with One Equity Partners. In related news, Raymond Svider and Justin Bateman will relocate from BC Partners' London office to New York. PRESS RELEASE BC Partners, the […]
Jivox, a San Mateo, Calif.-based online video advertising platform for local businesses, has raised $2.7 million in seed funding led by Opus Capital. Also participating was company founder Diaz Nesamoney, who previously helped form both Informatica (Nasdaq: INFA) and Celequest (acquired in 2007 by Cognos). PRESS RELEASE Jivox, a self-service online video advertising platform […]
Zivity, a provider of subscription-based social networking for the 18+ market, has raised $7 million in Series B funding. Backers include BlueRun Ventures and Founders Fund. PRESS RELEASE Zivity, a company creating a new category of subscription-based social networking for the 18 and over market, has raised $7 million in Series B financing from […]
Kyte, a San Francisco-based company that lets users post music and online video at multiple destinations, has raised $6.1 million in additional Series B funding. This brings the round total to $21.1 million, including a $15 million first close announced in December. Steamboat Ventures and Intellect Capital Ventures participated on the new tranche, while prior […]
Altierre Corp., a San Jose, Calif.-based provider of wireless pricing solutions for retailers, has raised $22 million in Series C funding. The Galleon Group led the round, and was joined by return backers D.E. Shaw, ATA Ventures, Kinetic Ventures and Labrador Ventures. The company had previously raised $30 million in VC funding since January 2005. […]
NEW YORK (Associated Press) – Investment bank Cowen Group Inc. (COWN) said Friday it will acquire Latitude Capital Group for an undisclosed sum. Latitude Capital is an investment banking firm headquartered in Hong Kong with offices elsewhere in China. The acquisition will boost Cowen Group's Asian presence. The deal is expected to close during the […]
Goldman Sachs has promoted Tim Ingrassia to head of M&A in the Americas, according to a memo obtained by DealBook. He joined the firm in 1986, and most recently served as head of the firm's consumer retail group. Get more information.
Thomas Bernhardt has joined PCG Asset Management as a senior vice president and head of research. He previously was a senior research analyst with CTC Consulting Inc., a subsidiary of Bank of America. PRESS RELEASE PCG Asset Management, LLC (“PCG AM“), a leading private equity investment management and advisory firm based in La Jolla, […]
Roper Inc. (ROP) has completed its $367 million acquisition of CBORD Group Inc. from Sterling Investment Partners and Oak Investment Partners. The deal had originally been announced in February. CBORD is an Ithaca, N.Y.-based maker of smartcard systems to universities and other institutions. It had been acquired by Sterling and Oak in 2004, and subsequently […]
Negevtech Ltd. an Israeli maker of systems for wafer inspection and yield control, has agreed to go public via a reverse merger with a SPAC called Israel Growth Partners Acquisition Corp. (OTC BB: IGPAA). Negevtech has raised over $117 million in VC funding since 2000, from firms like Pitango Venture Capital, Lehman Brothers, Intel Capital, […]