Alpen Capital Ltd. and Corecap have been tapped as financial co-advisors for CERT Innovations, a $100 million venture capital fund sponsored by the Centre of Excellence for Applied Research and Training, according to Gulf News. The plan is to finance the transfer of technology from international companies to start-ups in the areas of education, health […]
UK buyout shop Bridgepoint Capital is looking to get Pounds 50 million ($97.9 million) for children’s clothing retailer Adams, according to The Times. The firm has hired PricewaterhouseCoopers to advise on strategic options for the company. www.bridgepointcapital.com
BigBand Networks Inc. Friday filed for an initial public offering intended to raise up to $140 million through the sale of common stock, according to Dow Jones. The Redwood City, Calif.-based company sells systems to cable TV companies that support a variety of services, including high-speed data, voice over IP, and digital broadcast TV. Backers […]
Harmony Information Systems, provider of case management software to human resources executives, has lined up $7.5 million in a first-round of institutional financing from JMI Equity and Updata Partners. The money will be earmarked for product development and marketing. Brad Woloson, a general partner at JMI, and Tim Meyers, a general partner at Updata, are […]
UK buyout shop ECI Partners this weekend appeared to be in the final stages of selling Internet hotel-booking site Laterooms.com to travel company First Choice in a Pounds 108 million ($211 million) transaction, according to The Sunday Times. The company claims to hold about 12% of the UK online hotel-bookings market. Meantime, First choice continues […]
Netage Capital Partners Inc., a Japanese venture capital firm, has spent $1.5 million to acquire a 40 percent stake in an Internet start-up business launched by Swiss telecom company Swisscom, according to the Jiji Press English News Service. The company, coComment, lets customers keep track of the comments they post on different Web sites. www.cocomment.com
Online shopping software developer Venda has secured $20 million from an investor group led by Investor Growth Capital, the venture capital division of Swedish investment firm Investor, according to The Sunday Times. The deal values Venda at $100 million pre-money; ICG’s Noah Walley and Phil Dur are joining Venda’s board. Customers pay Venda a flat […]
Conatus Pharmaceuticals, a start-up working on treatments for inflammation and liver disease, has raised $6.6 million of the $27.4 million round it plans to raise altogether, according to a Form D filed with the Securities and Exchange Commission on Nov. 30. The company was founded in July 2005 by the executive management team of Idun […]
Amazon.com has invested an undisclosed amount of cash in Wikia Inc., the for-profit wiki site founded by Wikipedia founder Jimmy Wales. Wikia and Wikipedia operate as websites that provide information created by its users. Amazon's Series B financing comes after Wikia received $4 million in Series A funding earlier this year from Bessemer Venture Partners, […]
Buyout shop HB Equity Partners has sold Maxima Technologies, a electronics and components company, to Actuant Corp. (NYSE: ATU) for $91 million, including the assumption of about $1.9 million in debt. Actuant said it would finance the deal through its revolving credit facility. Maxima employs about 500 people and generates annual revenues of some $65 […]