Angela Sormani
Tower Arch Capital has completed the recapitalization of Hard Rock Directional Drilling. Hard Rock is a San Antonio, TX based specialty-boring and services company primarily serving the energy industry.
F.W. Davison & Company, a provider of software solutions has received a minority growth equity investment from Accel-KKR. In conjunction with the investment, Greg Williams, managing director at Accel-KKR and David Cusimano, vice president at Accel-KKR, will join the board of directors.
POW has secured $2.5 million from Columbia Pacific Advisors. Headquartered in Seattle’s Ballard neighborhood, POW operates three apparel brands catering to skiers, snowboarders and outdoor sports enthusiasts.
New Capital Partners has promoted Adam Cranford, Seton Marshall and Paul Pless as principals of the firm. The firm has also promoted Ryan Berg to senior associate.
Online auction house Catawiki has secured a Series B investment led by Accel Partners. Berlin-based investor and company builder Project A Ventures, Booking.com’s former CMO Arthur Kosten and Dutch media and Internet entrepreneur Willem Sijthoff, an existing investor, also participated in the round.
In First Read this morning Coller and Goldman back American Capital mid-market Fund III, Vantage Energy postpones its IPO, U.S. Venture Partners raises first fund in six years and find out which firms are more likely to dip into corporate venture capital.
Cloud-based analytics company Numerify has raised $15 million in an oversubscribed Series B funding round led by Sequoia Capital. Numerify has secured a total of more than $23 million to date including a Series A round of $8.25 million led by Lightspeed Venture Partners who also participated in the Series B round.
Fuel has raised $3.5 million from Middle East Venture Partners and Rising Tide Fund. Fuel is a platform for creating connected experiences on mobile games.
Magnitude Software, a provider of enterprise information management software has secured up to $100 million led by Audax Group. Magnitude Software will use the investment to further build the company through product innovation, organic growth and strategic acquisitions.
Content Analytics, an eCommerce analytics platform has raised a $4 million Series A funding led by Almaz Capital. Also joining the round for the first time is dunnhumby Ventures, the venture capital arm of UK-based dunnhumby, a customer science company.