Codasip secures funds led by Credo Ventures

Application specific processor design tool and IP provider Codasip has closed its first round of public funding totaling $2.8 million. The funding is being led by Credo Ventures, a venture capital firm based in the Czech Republic, and includes additional funds from multiple private investors.

Apollo to acquire Classic Party Rentals

Apollo is to acquire event rental and services provider Classic Party Rentals. The acquisition is subject to the execution of an asset purchase agreement and approval by the United States Bankruptcy Court for the District of Delaware.

Piqora closes Series A

Piqora, a marketing and analytics business for visual social networks Pinterest, Instagram and Tumblr, among others, has closed a Series A investment of $7.7 million led by DFJ. Freestyle Capital, Baseline Ventures, Lazerow Ventures, Firebolt Ventures and Altos Ventures also participated, bringing total financing to over $11 million to date.

Research reveals new investment plans from SWFs/official institutions

Official institutions are looking to new markets and a broader range of assets as they search for greater returns, according to a new report by State Street Corporation. More than sixty senior executives at official institutions, defined as central banks, sovereign wealth funds (SWF) and public pension reserve funds, were surveyed to explore the opportunities and challenges they face today and in the future.

Hubbell acquires Litecontrol Corporation

Litecontrol Corporation has been acquired by Hubbell. Sperry, Mitchell & Company served as exclusive financial advisor to Litecontrol. Litecontrol was founded in 1936 and is located in Plympton, Massachusetts.

Everplans closes seed funding round

Everplans has closed a $2.075 million in second round seed funding from co-investors including Scout Ventures; David McCabe, chair of the private clients group at Willkie Farr & Gallagher LLP and Mark Seelig, founding partner of Meister Seelig & Fein. Everplans has raised more than $3.45 million in seed funding to date, including a first seed round of $1.375 million that closed in June 2013.

ClearVue Partners leads Akasakatei financing

ClearVue Partners has led a round of financing for Akasakatei, an all-inclusive BBQ and Japanese-cuisine restaurant. Akasakatei will use the financing round to accelerate the company’s growth in Shanghai, Zhejiang, Jiangsu and Beijing.

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