Kareo, Inc. said it raised $20.5 million from Stripes Group and from existing investor Western Technology Investments. The new funding brings Kareo’s total financing to more than $38 million

Stripes Group has led a $27 million minority financing in Netbiscuits, a software solutions provider. Netbiscuits is based in Kaiserslautern, Germany and will use the funding to extend its sales and marketing capabilities in the United States and Europe.

Krossover said it raised $3.5 million in angel funding last year in a deal led by Ken Fox, managing partner of the Stripes Group; George Raveling, director of Nike Basketball International; Greg Cangialosi, CEO of Nucleus Ventures LLC;, David Troy, CEO of 410Labs; and other angels. The funding brings the capital raised by the sports [...]

Elance, an Internet platform used by businesses to gain instant access to independent workers online, has secured $16 million in expansion capital. The investment was led by the Stripes Group with existing investors, New Enterprise Associates and Kleiner Perkins Caufield & Byers, participating. PRESS RELEASE Elance, the Internet platform used by businesses to gain instant [...]

Business information provider eMarketer has secured a $25 million minority investment from New York-based investment firm Stripes Group. Stripes’ equity stake was acquired by purchasing a portion of the equity held by early eMarketer investors, including the company’s major shareholder, Beehive Ventures and the company’s founders. PRESS RELEASE eMarketer, a business information provider covering digital [...]

Stripes Group is preparing to start raising its second fund earmarked for lower mid-market investments, a source close the effort told peHUB sister publication, Buyouts. The firm is currently in pre-marketing mode and is hoping to begin fundraising officially by 2012, or as early as the second quarter. It does not yet have a placement [...]

Stripes Group has taken a majority stake in Voyetra Turtle Beach, a maker of gaming headsets, via a recap. Stripes Group is a New York private investment firm. News of the deal was announced by Cascadia Capital, an investment bank, which advised Turtle Beach.

Stripes Group has acquired a minority stake in Sandata LLC, a Port Washington, N.Y.-based provider of IT solutions to the home healthcare market. No financial terms were disclosed, except that TD Bank provided new senior debt financing.

Jason Santiago has joined middle-market private equity firm Stripes Group as vice president of business development. He previously worked in the private placements group of Cowen and Company.

MyWebGrocer, a Colchester, Vermont-based provider of online commerce and digital media services for grocers, has raised $13 million in VC funding from Stripes Group.