PE-owned BDCA Adviser completes Keating Investments acquisition

Keating Investments, the investment advisor to pre-IPO investor Keating Capital, has completed the sale of its equity interests to AR Capital-backed BDCA Adviser. No financial terms were disclosed. As a result of the transaction, Keating Investments has changed its name to BDCA Venture Adviser and Keating Capital has rebranded itself as BDCA Venture. Also, BDCA Venture will continue to to be listed on the NASDAQ and begin trading Wednesday under the new ticker symbol “BDCV.”

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Car pricing site TrueCar files for IPO

TrueCar said Friday that it has filed for an IPO. The number of shares that will be sold as well as its pricing terms have yet to be set. Goldman Sachs and JP Morgan Securities will serve as lead underwriters. TrueCar is a car pricing information site. Its backers include Vulcan Capital, Keating Capital, GSV Asset Management, Passport Capital, International Investment House and Allen & Company.

Wake Up The IPO Ecosystem

In their latest report on the long-term ills affecting the IPO markets, David Weild and his co-authors laser lock on market structure and persuasively argue in a series of Grant Thornton white papers that increasing “tick” sizes will restore capital formation, jobs and investor confidence. Tick sizes? Yes, they’re talking about tick sizes (i.e., the minimum increment in which a stock can trade) and they’re right.

Jumptap Hires Frank Weishaupt as COO

Cambridge, Mass.-based Jumptap, a startup focused on mobile advertising has appointed Frank Weishaupt as chief operating officer. The company recently raised $27.5 million in venture financing. Existing investors included General Catalyst Partners, Redpoint Ventures, Summerhill Ventures, Valhalla Partners, and WPP. New investor Keating Capital also participated in the round. PRESS RELEASE On the heels of […]

SilkRoad Raises $35M Series C

SilkRoad, a Chicago-based company focused on online human resources and “social talent management,” has raised a $35 million Series C financing round. Investors in the round include new investors Keating Capital and NTT Finance. Existing investors including Intel Capital, Crosslink Capital, Foundation Capital, Azure Capital and Tenaya Capital also joined in the round. Since 2003, […]

LifeLock Closes Acquisition And $100M Round From Kleiner, IVP, Bessemer, Others

LifeLock, Inc. said it completed its acquisition of ID Analytics and raised more than $100 million in preferred equity to pay for the deal. The list of participating investors reads like a who’s who of the venture business. Included were Bessemer Venture Partners, Goldman, Sachs & Co., Kleiner Perkins Caufield & Byers, Symantec Corporation, River […]

Tremor Video Acquires InPlay

Tremor Video, an independent online video advertising technology company has purchased media buying platform TubeMogul‘s video analytics business for publishers, InPlay. Founded in 2005, Tremor Video is backed by Canaan Partners, Draper Fisher Jurvetson Growth, General Catalyst, Keating Capital, Meritech Capital Partners, Time Warner Investments, and W Capital Partners. PRESS RELEASE Tremor Video, the largest […]

Agilyx Raises $25M From Keating, Kleiner, Chrysalix, Saffron, Others

Agilyx Corp. said it raised $25 million in a Series C round led by Keating Capital and joined by existing investors Kleiner Perkins Caulfield & Byers, Saffron Hill Ventures, Waste Management, Total Energy Ventures International, Chrysalix Energy Venture Capital and Reference Capital.  Agilyx of Beaverton, Oregon., is working on a process to convert waste plastic […]

Tremor Video Makes Two Senior Appointments

Online video technology company Tremor Video has made two senior appointments. The company has added Todd Sloan as chief financial officer and has promoted chief marketing officer Melinda McLaughlin to senior vice president, chief marketing officer. Founded in 2005, Tremor Video is backed by venture investors including Canaan Partners, Draper Fisher Jurvetson Growth, General Catalyst, […]

W Capital Lead $37 Mln Round for Tremor Video

Tremor Video said Monday that it has raised $37 million in funding led by W Capital Partners. Other investors include Keating Capital, Canaan, Draper Fisher Jurvetson Growth, General Catalyst, Meritech, Singapore’s EDBI, Time Warner and SAP Ventures. New York-based Tremor, an independent video ad network, said it has raised more than $115 million.

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TrueCar, “Groupon for Cars,” Raises $200M, Including Through Sharespost

TrueCar, a company that provides car-sales prices to consumers, has raised over $200 million in debt and equity financing to use for acquisitions and growth, the company said. The transaction underscores continuing investor enthusiasm for companies that allow consumers to find good buys using the Internet. Daily-deals site Groupon has 115 million subscribers, although it […]

TrueCar Raises $200M in Debt, Equity

TrueCar, a company that provides car pricing data to consumers, has raised $200 million in debt and equity financing, Reuters reported Wednesday. The company is backed by GR Match, McCombs Family Partners, DealerTrack, Keating Capital, GSV Asset Management, Passport Capital, International Investment House and Allen & Company. Silicon Valley Bank arranged the debt portion of the funding for TrueCar, which is based in Santa Monica, Calif.

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