Only one GP told us he would be working this weekend: working on his tan, his marriage and having a great Sunday cocktail hour.
Rover said May 26 that it raised $1.1 million in seed funding. Investors include BDC Venture Capital and 500 Startups, as well as some of angel investors in the marketing tech and SaaS industries. Rover provides a location-based mobile marketing platform that for retailers and brands.
EQT Ventures said May 26 its multi-stage venture capital pool closed at 566 million euros ($633.3 million). EQT Ventures Fund will invest in tech-enabled companies across Europe throughout all stages of growth. EQT Partners has contributed approximately 10 percent of committed capital to the fund.
Affectiva said May 25 that it raised $14 million led by Fenox Venture Capital. The investors include IT Services giant CAC Holdings, Bandai Namco, and Sega Sammy Holdings. Waltham, Massachusetts-based Affectiva provides emotion recognition software.
Accel-KKR has invested in ClickDimensions. Financial terms weren’t announced. Atlanta-based ClickDimensions provides marketing automation and email marketing technology.
Lime Rock said May 25 that its fourth fund closed with $754 million in commitments. Lime Rock Resources IV will seek to acquire, improve, and directly operate producing oil and gas properties in the United States. The prior Lime Rock Resources fund collected $750 million in 2013. Morgan, Lewis & Bockius LLP served as fund counsel.
Godrej Consumer Products Ltd has acquired Strength of Nature Global LLC. Financial terms weren’t announced. Savannah, Georgia-based Strength of Nature makes multicultural hair care products for textured hair consumers. Deloitte Corporate Finance LLC advised Strength of Nature. Godrej Consumer Products is reportedly backed by Temasek.
In First Read, we have news that Foxconn has replaced 60,000 factory workers with robots, the SEC is investigating Alibaba’s accounting practices and it’s time to consider that Tiger Woods may never return to golf.
EyeQ said May 24 that it raised $3.5 million in Series A funding from new investor, Align Capital. Existing investors also took part. Austin-based eyeQ provides shopper-aware and responsive in-store displays.
Bloomz said May 24 it secured a $2.3 million investment from investors including 8VC, ff Venture Capital, Founder’s Co-op, CorrelationVC, Wisemont Capital, Acequia Capital and individuals such as Chris Liddell and Charlie Songhurst. Bloomz, of Seattle, is a free mobile and web app that aims to connects educators with parents in a secure, social, private environment.
Babson Capital Management said May 24 that it provided a senior secured credit facility to back ABRY Partners’ buy of SambaSafety. ABRY announced its buy of SambaSafety in April.
CircleUp Network Inc said May 24 that it appointed Jake Cabala as its Head of Institutional Business. Cabala was previously a Managing Director at Park Hill Group.
Aqua Terra Water Management LLC, which is backed by Bregal Partners, said May 25 that its President and CEO Mark Harris will retire in July. Harris will continue to serve as an advisor to the Company as the Chairman of Aqua Terra’s Board of Managers. Cory Hall will assume the role of Aqua Terra President and CEO. Hall previously founded CJ Energy LLC in 2004 and served as Principal of CJ until its sale in 2013 to CCNG Energy Partners.
Bregal Sagemount said May 25 that it acquired Discovery Data Inc. Financial terms weren’t announced. As part of the deal, Discovery Data also acquired Meridian-IQ. Eatontown, New Jersey-based Discovery Data provides data on retail financial services industry firms and professionals. Meridian-IQ supplies online databases and advisor market information. GrowthCap LLC served as financial advisor to AIQ. Hunton & Williams LLP provided legal counsel to Bregal Sagemount.
Seismic raised a $40 million Series C round led by General Atlantic. Seismic is an enterprise software company. Other minority shareholders include JMI Equity and Jackson Square Ventures.
SportsHero said May 25 that it launched with $2.4 million in funding led by Nevada Iron Ltd. Singapore-based SportsHero is a fantasy sports app and social prediction platform.
Dave Cox was named Chief Services Officer at eFront. Cox was previously with software company FICO as leader of operations for its Sales, Marketing & Services group.
To start off your morning, we have news that Blue Coat Systems could make its IPO public next week, Microsoft is laying off 1,850 staff and Peter Thiel has been secretly covering the expenses for Hulk Hogan’s lawsuits against Gawker.