Aledia raises 28.4 mln euros in Series B funding

Aledia, which makes 3-D LEDs, has closed its Series B funding on about 28.4 million euros (about $31 million). Participants in the funding round include Valeo, an automobile-equipment maker, IKEA GreenTech, the venture arm of IKEA, and Ecotechnologies fund of Bpifrance, the French national industrial bank. Existing Aledia investors Sofinnova Partners, Braemar Energy Ventures, Demeter Partners and CEAi/ATi, also participated in the funding.


Tamr raises $25.2 mln in Series B funding

Data analytics business Tamr, Inc. raised $25.2 million in Series B funding from Hewlett-Packard Ventures, Thomson Reuters, MassMutual Ventures, the corporate venture arm of Massachusetts Mutual Life Insurance Company, Sinewave Ventures and Work-Bench Ventures. Existing investors New Enterprise Associates and Google Ventures also participated in the funding round.


Fortress closes Credit Real Estate Opportunities Fund II on $1 bln

Fortress Investment Group has closed Credit Real Estate Opportunities Fund II on its $1 billion cap. Fund II launched fundraising in 2014. About half of the commitments to Fund II came from public and corporate pensions, endowments and foundations. The fund has deployed about 20 percent of its capital in the U.S. and Europe. The prior Credit Real Estate Opportunities Fund closed on $625 million in 2011.


NEA, Revolution Ventures lead $7.7 mln funding in Framebridge

New Enterprise Associates and Revolution Ventures have led a $7.7 million Series A funding round in Framebridge, an online and mobile custom framing business. Timothy O’Shaughnessy, president of Graham Holdings and former CEO and co-founder of LivingSocial, also participated in the funding. Framebridge has raised more than $11 million to date.


HgCapital hires Xerox’s global HR director

HgCapital has hired Tom Maddison, former global HR director at Xerox Corp, for the new role of head of portfolio talent. Maddison, who starts in August, will be responsible for supporting management teams to develop talent across HgCapital’s portfolio as well as within the firm itself.

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Clearlake hikes cap on hot Fund IV

Clearlake Capital Group has bumped the hard cap on its fourth flagship vehicle to $1.36 billion amid heavy demand from limited partners, according to two people with knowledge of the firm.


Convirza raises more than $20 mln in Series B funding

Convirza, a call marketing analytics business, has raised more than $20 million in a Series B funding round. The funding was led by an unnamed firm described as a large East Coast-based investment group. The funding round brings Convirza’s total funding to almost $25 million.

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