172 Views

ITOK rakes in $18 mln Series B

Lehi, Utah-based iTOK, a provider of IT-managed services and cloud-based solutions for small businesses, said Thursday that it has secured $18 million in Series B funding. ABS Capital Partners led the round with participation from Signal Peak Ventures. In addition to the funding, Laura Witt and Cass Gilmore of ABS Capital have been added to iTOK’s board of directors.

222 Views

PowerReviews inks $35 mln investment

PowerReviews, a provider of ratings and reviews has secured $35 million in Series B equity funding. The round was led by ABS Capital Partners, an investor in later stage growth companies.

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SoftBank Capital leads Series B round for IgnitionOne

Digital marketing tech company IgnitionOne said Thursday that it has closed $20 million in Series B funding. SoftBank Capital led the round with participation from return backers that include ABS Capital Partners and Brown Savano. RBC Capital Markets served as placement agent for the financing.

fintech
585 Views

PayLease, FolioDynamix go up for sale

PayLease, which is backed by Mainsail Partners, is up for sale, while FolioDynamix, which is backed by Edison Ventures and ABS Capital Partners, is also on the block, sources told peHUB.

Healthation Inks $14m Investment

Healthation has secured a $14 million investment by ABS Capital Partners and Hughes & Company. These investors join SilverStream Capital in the round. Healthation is a provider of core administrative systems for traditional and emerging healthcare payers and administrators. ArchPoint Partners acted as sole financial advisor.

Evolution Capital Exits Accurate Group Holdings

ABS Capital Partners has led a $55 million equity investment in Accurate Group Holdings. Evolution Capital Partners is the seller and has exited Accurate Group. Charlotte, N.C.-based Accurate is an outsourced provider of real estate transaction services to mortgage lending and loan servicing clients.

Athletes’ Performance Scores $22.5m Backing from ABS Capital

Athletes’ Performance, a provider of performance training, nutrition and physical therapy for athletes, military and corporations, has secured a $22.5 million investment from ABS Capital Partners. ABS Capital joins the Company’s initial investor Polaris Venture Partners. PRESS RELEASE Athletes’ Performance, a leading provider of integrated performance training, nutrition and physical therapy for elite athletes, military […]

TechMediaNetwork Adds $33M in New Capital

TechMediaNetwork Inc., a media company focused on news and reviews about technology and science issues, has raised $33 million in Series B financing. Investors include ABS Capital Partners, Village Ventures and Highway 12 Ventures. The money will go toward potential acquisitions and expansion efforts. As a result of the financing, ABS Capital General Partner Ralph Terkowitz and Principal Paul Mariani will join the company’s board.

RedZone Robotics Seals $25M from ABS Capital

RedZone Robotics Inc., a maker of wastewater inspection technologies for municipalities, contractors and engineering companies, has closed on $25 million in financing from ABS Capital Partners. The money will help RedZone expand its product line and its geographical reach. ABS Capital general partners Bobby Goswami and Laura Witt will join the company’s board as a result of the financing.

Vibrant CEO, Co-Founder Steps Down

Doug Stevenson will step down as CEO of Vibrant Media, the advertising company backed by ABS Capital Partners, and co-founder Craig Gooding was named non-executive chairman and will serve as strategic counsel. CFO Jeff Babka will run day-to-day operations as COO.

EQT Buys Restaurant Tech from Parthenon, ABS

Private equity firm EQT will buy Restaurant Technologies Inc. from Parthenon Capital Partners and ABS Capital Partners. Financial terms of the deal were not released. RTI is a provider of cooking oil management services to the foodservice industry. The investment comes out of EQT Infrastructure, a 1.2 billion euro fund launched 2008 by EQT.

Syncapse Inks $25M from ABS Capital

Toronto-based social-media company Syncapse Corp. has closed on $20 million of a $25 million investment from growth equity firm ABS Capital Partners. The round marks the first institutional funding for Syncapse, which develops cloud-based software and services to help enterprises build, manage and measure their social media presence. The company raised $2 million last year from the Business Development Bank of Canada.

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peHUB Funding Opps: Afraxis, Brazen Careerist, GutCheck, More

peHUB readers tell me they’d like to learn more about potential funding opportunities that might not yet be in their deal pipeline. With that in mind, we’ve put together a list of companies that are still in the market, based on SEC filings and our own reporting.

Know about other companies that should be on this list? Let me know at jonathan.marino@thomsonreuters.com. And if you’re on this list and have raised money since your last SEC filing, please shoot me an email so I can update readers.

Below this list, you’ll find another section about companies that have concluded their fundraising efforts…

ABS Capital Partners Invests in FolioDynamix

The New York-based private equity firm will lead a team of investors that will spend $16 million to support the wealth management technology and solutions firm. ABS Capital’s Cal Wheaton and Don Hebb will join the FolioDynamix’s board of directors as part of the deal. The late-stage growth investor concentrates on business services, healthcare, media and tech companies.

Skinit Raises $60 Million

Skinit Inc., a San Diego-based provider of technology and products for on-demand customization of personal electronic devices, has raised $60 million from ABS Capital Partners and Norwest Equity Partners.

Closed: ABS Capital Partners

ABS Capital Partners VI First report: December 11, 2008 ABS Capital Partners Nearing Close On Sixth Fund ABS Capital Partners has raised $350 million toward its sixth middle-market buyout fund, a source familiar with the situation told peHUB. Latest update: June 22, 2009 ABS Capital Raises $420 Million Closed. ABS Capital Partners, a Baltimore-based growth […]

Zoom Media Makes UK Acquisition

Zoom Media Corp., a New York-based provider of digital out-of-home media in health and fitness venues, has acquired Gym Screen Media, a rival company with 160 UK venues. No financial terms were disclosed. Zoom Media raised around $30 million earlier this year from ABS Capital Partners.

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