Shamrock Capital leads $70 mln Series D for FanDuel

FanDuel said Tuesday that it closed $70 million in Series D financing led by Shamrock Capital Advisors. NBC Sports Ventures and KKR participated in the round. New York-based FanDuel provides fantasy sports leagues that last just one day. Existing investors include Comcast Ventures, Pentech Ventures, Bullpen Capital, Scottish Enterprise and serial investor Richard Koch also participated. The company has raised $88 million in total capital. Mesa Global served as FanDuel’s investment bank for this round of financing.

Actress Jennifer Lawrence attends the "X-Men: Days of Future Past" world movie premiere in New York

peHUB Second Opinion

In Second Opinion, Apple denies that an iCloud breach caused the theft of celebrity nude photos, Credit Suisse investigates two traders on its European equities sales team in London and FanDuel raises $70 mln.

laborday
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peHUB Second Opinion

In Second Opinion, any wearable devices that Apple introduces on Sept. 9 likely won’t be available until early 2015, the top university for VC-backed entrepreneurs, President Obama’s tan suit and why many tennis players don’t wear sunscreen. Happy Labor Day!

apple
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peHUB Second Opinion

In Second Opinion, Apple’s next special event will take place on Sept. 9, the next iPhone will likely have its own payment platform and how to figure out if that VC firm you are talking to is a zombie fund.

kids with smartphone
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peHUB Second Opinion

In Second Opinion, five ways to improve your VC pitch, will Apple finally unveil its iWatch on Sept. 9, Square is reportedly raising about $200 million at a $6 billion valuation and sales of the Knee-Defender jump after a fight on a plane.

dogs in sunbeam
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peHUB Second Opinion

In Second Opinion, we have the dirty tactics Uber is using to sabotage Lyft, Fed Chair Ben Bernanke thinks that the 2008 financial crisis was worse than the Great Depression and Apple prepares a 12.9 inch iPad for early 2015. Happy National Dog Day!

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ICV Partners sells Marshall Retail Group

ICV Partners said late Monday that it has sold Marshall Retail Group to Brentwood Associates. Financial terms weren’t announced. Las Vegas-based Marshall Retail Group is an operator of specialty retail stores in the casino resort marketplace. News of the sale was reported by peHUB last week.

us open
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peHUB Second Opinion

In Second Opinion, Steve Case talks about how startups need to “break through the clutter” to get noticed, Amazon is buying Twitch for more than $1 bln and undergraduate engineers develop a nail polish that detects date rape drugs.

weekend
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peHUB Second Opinion

In Second Opinion, Google is buying Gecko Design, most smartphone users don’t download any apps each month, 16 rules of engagement to help your startup grow and what it takes to be a ballperson at the U.S. Open.

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Aperion, Falcon Investment to buy Ontario Drive & Gear

Aperion Management and Falcon Investment Advisors, along with company management, are acquiring Ontario Drive & Gear Ltd. Financial terms weren’t announced. Stone Arch Capital is the seller. Ontario Drive & Gear, of Ontario, makes amphibious utility/extreme terrain vehicles for commercial and recreational use under the Argo brand. ORIX Corporate Capital and Ocean Avenue Capital Partners are also investing in the deal. The Bank of Montreal’s Corporate Finance Division is providing financing. Greene Holcomb & Fisher advised Stone Arch Capital/ODG.

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Resilience Capital invests in Hynes

Resilience Capital Partners has invested in Hynes Industries and Hynes Kokomo. Financial terms weren’t announced. Youngstown, Ohio-based Hynes is a North American manufacturer of rolled formed shapes, strip steel and flat wire. The Bresnahan family, which is the seller, will retain a minority ownership stake.

MLB: Arizona Diamondbacks at Chicago Cubs
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peHUB Second Opinion

In Second Opinion, we wonder why Wrigley Field is suddenly so empty, WalMart slashes the price of the iPhone 5S to $79, and EBay is considering spinning off of PayPal.

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