Fontinalis invests in Telogix

Fontinalis Partners said Wednesday it invested in Telogis. Financial terms weren’t announced. Aliso Viejo, Calif.-based Telogis provides cloud-based software products and services for companies with mobile workers, vehicles and other mobile assets.


FieldAware raises $24 mln

FieldAware said Wednesday it raised a $24 million funding round. Summit Bridge Capital led the round with support from Silicon Valley Bank, while existing investors OpenView Venture Partners, Atlantic Bridge Partners and Oyster Capital Partners also participated. FieldAware, based in Plano, Texas and Dublin, provides cloud-based field service automation SaaS solutions.

Conversis raises $10 mln

Cultivian Sandbox Ventures has led a $10 million Series A for Conversis Corp. Existing investors Middleland Capital and Heartland Farms also participated. Minneapolis-based Conservis provides cloud-based farm management software solutions.


ICV buys OneTouchPoint

ICV Partners has acquired OneTouchPoint from Huron Capital Partners. Financial terms weren’t announced. Chicago-based OneTouchPoint provides print and document services.


Carlyle cashes out of Allison Transmission

The Carlyle Group said Tuesday it has sold its remaining 2.7 million shares in Allison Transmission. Carlyle and Onex Corp. acquired Allison Transmission in August 2007. Allison Transmission, an auto-parts makers, went public in 2012.


Morgenthaler Private Equity sells Enginetics

Standex International Corp. has acquired Enginetics Corp. from Morgenthaler Private Equity. Financial terms weren’t announced. Huber Heights, Ohio-based Enginetics produces 3-D formed components for the commercial aviation market. BlackArch Partners advised Morgenthaler/Enginetics.

An Apple Watch is shown during an Apple event at the Flint Center in Cupertino

peHUB Second Opinion

In Second Opinion, the Apple Watch will cost at least $349 and be available early next year, the iPod Classic is finally dead and why most people don’t use 529 college savings plans.


Distribution International closes buy of Pacific Insulation Co.

Distribution International has completed its buy of Pacific Insulation Company. Financial terms weren’t announced. Los Angeles-based Pacific distributes and fabricates industrial and commercial insulation. Distribution International is backed by Audax Private Equity and The CapStreet Group.

Amazon representative shows off the 3D map features of the company's new Fire smartphone at the company's campus in Seattle

peHUB Second Opinion

In Second Opinon, Amazon cuts the price of its Fire phone to 99 cents, Harvard University receives a record donation of $350 million and Apple is calling its new 5.5-inch iPhone model the “iPhone 6 Plus.”


Thoma Bravo closes SailPoint buy

Thoma Bravo said Monday it closed its investment in SailPoint. Financial terms for the deal,  announced in August, were not revealed. Austin-based SailPoint provides identity and access management services.


Sonendo raises $35 mln equity financing

Sonendo said Monday it completed an equity financing round of $35 million led by Meritech Capital Partners. New investor SEB Private Equity joined Fjord Ventures, OrbiMed Advisors and NeoMed Management in the round. Laguna Hills, Calif.-based Sonendo develops technology for the root canal therapy market.


MegaPath to sell Wholesale business to Pivotal Group

MegaPath Corp., which is backed by Platinum Equity, said Monday that it has agreed to sell its Wholesale business and national colocation aggregation network to Pivotal Group. Financial terms were not announced. Pivotal plans to merge the MegaPath assets with its portfolio company, Global Capacity. Pleasonton, Calif.-based MegaPath provides managed voice, data, security and cloud services in North America. Bank Street provided financial advice to MegaPath. Phoenix-based Pivotal is a diversified investment company focuses on private equity and real estate.


Tryton Medical raises $20 mln

Tryton Medical said Monday it closed $20 million in PE financing from existing investors RiverVest Venture Partners and 3×5 Special Opportunity Fund. New investor Canepa Advanced Healthcare Fund and an unnamed investor also participated. Durham, N.C.-based Tryton develops stents that are designed to treat coronary bifurcation lesions.


Peak Ventures fund I raises $23 million

Peak Ventures said Monday it closed a $23 million venture capital fund that will invest in seed-stage startups in Utah and the Mountain West. Initial amounts will range from $100,000 to $1 million. Peak Fund I has already invested in two companies, Grasswire and Owlet.


Sandlot Solutions raises $23.3 mln

Sandlot Solutions said Monday it raised $23.3 million in fresh capital. This includes $17 million in a preferred stock investment from Lemhi Ventures plus capital infusions from existing investors North Texas Specialty Physicians and Santa Rosa Holdings. Irving, Texas-based Sandlot provides clinical interoperability and community health management solutions.


Blinq Networks raises $15.1 mln

Blinq Networks said Monday it raised $15.1 million in Series B funding led by the Win Fund. Kensington Global Private Equity Fund is a new investor. Existing investors BDC Capital, New Venture Partners and Summerhill Venture Partners also participated in the round. Plano, Texas-based Blinq, which has raised $32.5 million in total financing, provides network services that help mobile operators deliver mobile broadband services in high density areas.

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