Innofidei, a Beijing-based provider of enabling IC and system solutions for the mobile TV broadcasting market, last year raised $10 million in VC funding from BlueRun Ventures and another, undisclosed, investor. PRESS RELEASE Innofidei, a leading provider of enabling IC and system solutions for China mobile TV broadcasting market, announced today that it […]
EveryScape Inc., a Waltham, Mass.-based developer of a virtual online experience of actual metro, suburban and rural areas (“The Real World Online”), has raised $7 million in Series B funding. Dace Ventures led the round, and was joined by return backers Draper Fisher Jurvetson, DFJ New England, Draper Atlantic and LaunchPad Venture Group. PRESS […]
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Capvis, a Switzerland-based mid-market buyout firm, has closed its third fund with EUR 600 million in capital commitments. It had been marketed with a EUR 500 million target. MVision served as placement agent. Get more info. PRESS RELEASE Capvis, the leading mid-market buyout firm in Switzerland acting as advisor to the Capvis funds, is […]
Eastman Kodak Co. (EK) has agreed to acquire Design2Launch Inc., a Stamford, Conn.-based maker of software for marketers and advertisers. No financial terms were disclosed for the deal, which is expected to close within a month. Design2Launch has raised around $3 million in VC funding since 2002, from Endeavor Capital Management, CommonAngels, 1to1 Ventures and […]
Storm Exchange Inc., a New York-based provider of financial consulting for exposure to volatile weather, has raised $7.2 million in new VC funding from return backers RRE Ventures and Venrock. The company was launched less than one year ago. PRESS RELEASE Storm Exchange, Inc., a company that helps businesses improve their performance in the […]
Spot Runner Inc., a Los Angeles-based Internet ad agency for local businesses, has acquired Weblistic, a provider of online marketing solutions for local businesses. No pricing terms of the all-stock deal were disclosed. Spot Runner has raised over $70 million in VC funding since 2005, from Battery Ventures, Index Ventures, WPP, CBS Corp., Interpublic […]
TVM Capital and GE Healthcare Financial Services now hold a combined 25.4% stake in German pharma company Riemser Arzneimittel AG, after TVM acquired a 10% stake late last year. The Braun family owns the remainder. PRESS RELEASE Munich-based investor TVM Capital and GE Healthcare Financial Services now jointly hold 25.4% of shares in […]
Walden Israel has canceled fundraising for its fourth fund, which leaves the future of one of Israel's oldest venture firms in doubt. The firm had been looking to raise $125 million, but Israeli news site Globes said that it was only able to secure $35 million in commitments. It is unclear if Walden will restart […]
.406 Ventures has closed its debut fund with $167 million in capital commitments, peHUB has learned. The Boston-based firm focuses on early-stage technology opportunities. Get more information.