148 Views

NextNav snags $70 mln Series D

NextNav has secured $70 million in Series D financing. New Enterprise Associates and Oak Investment Partners led the round with participation from Columbia Capital, Telcom Ventures and Goldman Sachs Investment Partners. In conjunction with the funding, Peter Barris, managing general partner at NEA, and Bandel Carano, managing partner at Oak, have been named to NextNav’s board of directors. Based in Sunnyvale, Calif. and McLean, VA, NextNav is a provider of location solutions for indoor and urban environments.

200 Views

FreshBooks snags $30 mln

FreshBooks said Wednesday that it has closed $30 million in funding. Oak Investment Partners led the round with participation from Atlas Venture and Georgian Partners. Based in Toronto, FreshBooks is a provider of cloud accounting solutions for small service-based business owners.

137 Views

Zayo Group files for IPO – Reuters

Fiber network company Zayo Group Holdings filed with U.S. regulators to raise up to $100 million in an initial public offering, writes Reuters. Zayo is backed by GTCR, Oak Investment Partners, M/C Partners, Columbia Capital and Charlesbank Capital Partners.

188 Views

GTS sold to Deutsche Telekom

GTS has been sold to Deutsche Telekom for 546 million euros. GTS is an infrastructure-based telecommunications service provider in South East and Eastern Europe. It is currently owned by a consortium of international private equity firms including Bessemer Venture Partners, Columbia Capital, HarbourVest Partners, Innova Capital, MC Partners and Oak Investment Partners.

140 Views

Oak Investment Partners leads $20 mln Series C funding in Hipmunk

Oak Investment Partners has led a $20 million Series C funding round in Hipmunk, which provides travel planning services online and through mobile apps. Ren Riley, general partner with Oak Investment Partners, will join Hipmunk’s board of directors. Existing investors Institutional Venture Partners, Ignition Partners and angel investors also participated in the funding round.

111 Views

NEA leads Series C round for Mimosa Networks

Mimosa Networks said Wednesday that it has received $19.2 million in Series C funding. New Enterprise Associates led the round with participation from Oak Investment Partners. Based in Campbell, Calif., Mimosa Networks is a provider of last mile gigabit wireless technology.

Circle Internet Financial closes $17 mln Series B

Circle Internet Financial, a digital currency company has closed $17 million in Series B financing, bringing its total raise to date to $26 million. Breyer Capital, Accel Partners and General Catalyst Partners were joined by new investor Oak Investment Partners to lead the round.

101 Views

Bitcoin startup Circle Internet Financial snags $17 mln

Boston-based bitcoin company Circle Internet Financial said Wednesday that it has raised $17 million in Series B funding. Investors included Breyer Capital, Accel Partners, General Catalyst Partners, Oak Investment Partners, Pantera Capital and Fenway Summer.

Brit + Co. Raises Series A Led by Oak Investment Partners

Media company Brit + Co. has secured a $6.3 million Series A led by Oak Investment Partners, with participation from Index Ventures, Lerer Ventures and Cowboy Ventures. Previous angel investors, including Marissa Mayer and Aileen Lee also reinvested in the company.

ReliOn Receives Strategic Investment from Cummins

ReliOn, a Spokane, Wash.-based maker of fuel cells, has received a strategic investment from the publicly traded power generation company Cummins Inc. The amount of the funding was not disclosed, but ReliOn, founded in 1995, has raised roughly $30 million over the years, including from Oak Investment Partners and Chrysalix Energy.

Centric Software Closes Series C Led by Oak Investment Partners

Centric Software, a provider of PLM software, has closed on $19 million in series C venture capital financing. Investors include Oak Investment Partners, which led the funding round, and Masthead Venture Partners. The most recent funding was the $11.6 million tranche of the Series C financing.

NanoH2O Recruits Global Operations Veteran COO

NanoH2O, a manufacturer of cost effective reverse osmosis membranes for seawater desalination, has appointed global operations veteran, Doug Barnes as chief operating officer. The business is backed by Oak Investment Partners, Khosla Ventures, BASF Venture Capital, Total Energy Ventures International and Keytone Ventures.

Verisk To Acquire Oak Backed Argus For $425M

Verisk Analytics, Inc. said it signed an agreement to acquire Argus Information & Advisory Services, LLC. The purchase price is to be $425 million, and as part of the transaction, Verisk expects to realize about $45 million in tax benefits. Oak Investment Partners is an Argus investor. PRESS RELEASE Verisk Analytics to Acquire Argus Information […]

Turner Buys Venture Backed Bleacher Report

Turner Broadcasting System, Inc. said it acquired the venture backed Bleacher Report. The sports property has backers including Crosslink Capital, Oak Investment Partners and Hillsven Capital. PRESS RELEASE Turner Broadcasting System, Inc. Acquires Bleacher Report
Leading Sports Digital Property Joins Turner Sports Portfolio Turner Broadcasting System, Inc. has acquired Bleacher Report (B/R), one of the fastest-growing […]

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