DisplayLink®, a provider of solutions that simplify the connection between monitors and computing devices, has closed $10.4 million of growth financing. The financing was led by Clydesdale Bank’s Growth Finance team. Existing investors Atlas Venture, Balderton Capital, Cipio Partners, DAG Ventures, and DFJ Esprit also contributed to the equity funding. The Palo Alto-headquartered company will [...]
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Synova Capital, a UK lower middle market investor, is refinancing portfolio company CloudXL, with Clydesdale Bank providing new debt facilities. CloudXL is a provider of cloud based IT and network services to the SME sector. In April 2011, Synova completed the management buyout of Actimax and further two acquisitions were funded by Synova in 2011 [...]