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FanDuel Closes Series C

Posted on: January 30, 2013 by asormaniNo Comments »

Daily fantasy sports game operator FanDuel has closed $11 million in Series C financing from new investor Comcast Ventures, existing investors Piton Capital, Pentech Ventures, Bullpen Capital and serial investor Richard Koch. Andrew Cleland, a partner at Comcast Ventures has joined FanDuel’s board.

Semetric Secures Investment to Expand Musicmetric

Posted on: January 23, 2013 by asormaniNo Comments »

Semetric, a global data analytics business, has secured 3 million pounds ($4.7 million) from Imperial Innovations Group and existing investor Pentech Ventures. It follows previous investments totalling 1.7 million pounds.

Maxymiser Gets Backing

Posted on: January 9, 2012 by asormaniNo Comments »

Maxymiser, a provider of multivariate testing, personalization and optimization solutions, has secured a strategic investment of $12 million from new investors, Investor Growth Capital, along with additional investment from the company’s Series A investors, Pentech Ventures. This new funding will allow Maxymiser to expand its business, with emphasis on North America and research and development. [...]

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Maxymiser Seals $12M

Posted on: January 6, 2012 by cnolanNo Comments »

New York-based Maxymiser, a developer of multivariate testing, personalization and optimization technologies for websites, has raised $12 million from new backer Investor Growth Capital and return investors Pentech Ventures. The money will be used for expansion efforts.

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CertiVox Closes $2.4M Series A

Posted on: November 1, 2011 by cnolanNo Comments »

Information security company CertiVox raised $2.4 million in Series A financing from UK-based investors Octopus Investments and Pentech Ventures. Luke Hakes, a principal at Octopus Investments, will join the CertiVox board. The company will use the funding to expand its development team, and bring to market its certificateless encryption as a service platform.

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Metaforic Inks $8M Round Led by SEP

Posted on: April 18, 2011 by cnolanNo Comments »

Growth equity and venture firm Scottish Equity Partners led a 5 million pound ($8 million) investment in Metaforic, a software start-up based in Glasgow, Scottland, and California. The company is developing security software to combat piracy and hacker attacks. Pentech Ventures and the Scottish Investment Bank’s Scottish Venture Fund also contributed to the round, which will help the company expand sales and marketing.

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CertiVox Inks $1.46M From Pentech, Octopus

Posted on: March 28, 2011 by cnolanNo Comments »

Information security start-up CertiVox has raised 900,000 pounds ($1.46 million) in Series A financing. Pentech Ventures led the round, with participation from UK-based Octopus Investments. The new money will help San Francisco-based CertiVox continue development of its management infrastructure platform.

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Acunu Closes $3.6M Series A

Posted on: February 24, 2011 by cnolanNo Comments »

London-based data storage start-up Acunu has closed on 2.2 million pounds ($3.6 million) in Series A financing. The company will use the new funds to launch its first product, the Acunu Storage Platform. Eden Ventures, Oxford Technology Management, Pentech Ventures LLP and the European Investment Fund contributed to the found. Acunu was formed in 2009.

Pentech Ventures Closes Second Fund

Posted on: September 10, 2008 by PEHub AdministratorNo Comments »

Pentech Ventures, a VC firm focused on software opportunities in the UK, has closed its second fund with £45 million in capital commitments. The Glasgow-based firm focuses on early-stage software opportunities in the UK. Limited partners include European Investment Fund, Scottish Widows Investment Partnership, F&C Private Equity Trust, Souter Investments, Alliance Trust, Innotech Laminvest and [...]