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Zooz closes funding round led by Blumberg Capital

Zooz, a smart payment technology provider, has closed a $12 million funding round. The financing was led by Blumberg Capital, with participation by existing investors including XSeed Capital, lool ventures and Rhodium and new investors Access Industries and Camp One Ventures.

Google Strikes a Deal with Quickoffice

Google will acquire Quickoffice a leader in office productivity solutions. Specifics of the deal were not publicized; Quickoffice backers include Shea Ventures, Shepherd Ventures, Access Industries, Mayfield Fund, and Advantage Capital Partners. GOOGLE ANNOUNCEMENT: We’re happy to announce that we have acquired Quickoffice, a leader in office productivity solutions. Today, consumers, businesses and schools use […]

Tango Cashes In

Tango, the California-based mobile video communications provider, closed a $40 million Series C round, the company revealed. Qualcomm Ventures and Access Industries contributed to the company’s financing, bringing Tango’s total cash to approximately $100 million. PRESS RELEASE: PALO ALTO, CA, Apr 19, 2012 — Tango, the leader in mobile video communications, today announced it has […]

Apollo Global-led Group Inks $7.15 Bln Deal for El Paso Production Business

A group of investors led by Apollo Global Management has agreed to buy El Paso Corp.’s oil and gas exploration and production assets for about $7.15 billion. The deal is subject to the completion of the merger between Kinder Morgan and El Paso Corp., as well as other customary closing conditions. Other investors include Riverstone […]

THL Whistling Dixie, Doubles Cash on Warner Music

(Reuters) – Thomas H Lee Partners will make a return of about two times its original $655 million investment on sale of Warner Music Group to Access Industries, a source familiar with the investment said on Friday. Boston-based THL Partners was the largest private equity investor in the $2.6 billion buyout of Warner Music in […]

Acision raises $100M in funding

Mobile data company Acision has raised $100 million in funding from existing shareholders Access Industries, owned by Len Blavatnik, a co-shareholders International Investment and Underwriting (IIU), owned by Irish investor Dermot Desmond, and Atlantic Bridge.

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