Apax Partners and Texas Pacific Group have agreed to sell Greek mobile phone operator TIM Hellas to Weather Investments SpA, an investment vehicle of Egyptian entrepreneur Naquib Sawiris. The sale price includes Euro 500 million in equity plus Euro 2.9 million of net debt. Apax and TPG initially acquired TIM Hellas from Telecom Italia in […]
BayNote Inc., a Cupertino, Calif.-based provider of on-demand content guidance, has raised $10.75 million in Series B funding, according to a regulatory filing. Backers include Hummer Winblad Venture Partners, JK&B Ventures and Steamboat Ventures. www.baynote.com
Teachers' Private Capital and the Canada Pension Plan Investment Board have formed Actera Partners, a private equity fund focused on investment opportunities in the Republic of Turkey. As cornerstone investors, the two institutions each have committed Euro 75 million. Press Release: Ontario Teachers' Pension Plan and CPP Investment Board Launch Private Equity Fund […]
Tango Networks, a Richardson, Texas-based provider of solutions for integrating mobile phones with corporate telephone networks, has raised $25 million in Series A funding. Backers include Motorola Ventures, Nortel, Signature Capital, TWJ Capital and Meridian Capital. www.tango-networks.com Press release:Tango Networks Secures $25 Million Series A Funding RICHARDSON, Texas – Tango Networks, developer of an innovative […]
GroundWork Open Source Inc., a San Francisco-based provider of open-source systems and network management software, has raised $12.5 million in Series C funding. JAFCO Ventures and SAP Ventures were joined by return backers Canaan Partners and Mayfield Fund. www.groundworkopensource.com Press Release:GroundWork Open Source Closes Over-Subscribed $12.5 Million Series C Financing Round SAN FRANCISCO – GroundWork […]
Greenplum, a San Mateo, Calif.-based developer of open-source databases for business intelligence and data warehousing, has raised $19 million in combined equity and debt funding. VentureBeat reports that Sierra Ventures led the $15 million cash tranche, and was joined by return backers investors Mission Ventures, Dawntreader Ventures and EDF Ventures. Comerica Bank provided the debt […]
Force10 Networks Inc., a San Jose, Calif.-based provider of network routing and switching equipment, has raised $64 million in additional Series F funding, according to a regulatory filing (get filing here). The company held a $50 million first close on the deal last August with a reported post-money valuation of approximately $455 million. The round’s […]
Colibria, a Norway�based provider of mobile instant messaging solutions, has raised Euro 10 million in new VC funding from Northzone Ventures, Verdane Capital and Ferd Venture. www.colibria.com
Gigya Ltd., an Israel-based developer of software that inserts multimedia into emails, has raised $4 million in first-rounding from Benchmark Capital, according to Globes Online. The company's website also lists First Round Capital as an investor. www.gigya.com
MissionPoint Capital Partners has closed its inaugural fund with $335 million in capital commitments, according to a regulatory filing. The Norwalk, Conn.-based firm focuses on opportunities in the clean energy sector. Its management includes: Mark Schwartz, former president and CEO of Soros Fund Management and former chairman of Goldman Sachs (Asia); Jesse Fink, co-founder and […]