Laser Light Engines, a Salem, New Hampshire-based manufacturer of laser lights for cinema screens, has secured $13 million in a Series B round of fund-raising. Funds came from two returning venture capital firms, Braemar Energy and Harris & Harris Group, and the rest came from Imax Corp, with whom Laser Lights has a strategic partnership. Laser Lights intends to use the funds to develop a custom version of its laser engine for use in Imax screens.
(Reuters) – Private equity firms are sitting on $116 billion of assets trapped in so-called zombie funds that lie dormant
Author : reuters-news
Madrona Venture Group, a Seattle-based early-stage venture capital firm, said on Thursday that it has promoted Julie Sandler to principal.
Author : idorbian
The National Venture Capital Association said on Tuesday that Bobby Franklin will become its next president and CEO starting in
Author : idorbian
RTI Biologics has agreed to buy Pioneer Surgical Technology and is paying $130 million cash for the company’s stock. Water
Author : lbeltran
Big data company GoodData has raised a big round of $22 million, led by TOTVS Ventures, the investment arm of
Author : agoldfisher
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Insight Venture Partners, Red Oak Growth Partners, and Egis Capital Partners have invested in Card Scanning Solutions. Financial terms weren’t announced. Card Scanning provides identity solutions software for […]
Intervale Capital has acquired Antelope Oil Tool & Manufacturing Co. Financial terms weren’t announced. Mineral Wells, Texas-based Antelope makes oilfield casing and cementing products. George Ribble was named […]
Huron River Ventures Partners, a Michigan-based early stage venture capital firm, has reached a final close on its first fund, Huron River Ventures I at $11 million. Huron River Ventures was launched in 2011 to […]
Joel Hackney, Jr. will join Blacsktone portfolio company PGI as chief executive officer and a member of the board of directors. Hackney will succeed Veronica Hagen, who will be retiring after assisting in the […]
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