First Tracks Publishing, an Incline Village, N.Y. publisher of magazines focused on mountain resorts, has raised $450,000 in Series A-1 funding, according to a regulatory filing. DCA Capital Partners is listed as a shareholder. www.firsttrackspublishing.com
Xoom Corp., a San Francisco-based provider of online-to-offline international money transfer services, has raised $20.29 million in Series E funding, according to a regulatory filing. DAG Ventures led the deal, and was joined by return backers like Fidelity Ventures, New Enterprise Associates and Sequoia Capital. Xoom had raised a $15 million Series D round back […]
WASHINGTON (AP) – Senators expressed no outright opposition to Google's $3.1 billion purchase of online advertising firm DoubleClick at a hearing focused on the deal's potential threats to competition and consumer privacy. Sen. Herb Kohl, D-Wis., chairman of an antitrust subcommittee, said at the outset of Thursday's hearing that the transaction “warrants close examination” by […]
Arsenal Capital Partners is in talks to sell pharma logistics company Priority Solutions International to Thermo Fisher Scientific Inc. (NYSE: TMO), according to LBO Wire. No financial terms were reported. Arsenal led a buyout of the company in 2004, and later merged it with competitor Distribution Solutions International. Other Priority Solutions shareholders include Frazier Healthcare […]
Reverse Logistics GmbH, a portfolio company of Monitor Clipper Partners, has acquired Dutch logistics company Cycleon Strategic. No financial terms were disclosed. www.cycleon.eu
Argan Capital is planning to sell Poland's largest juice producer, Hortex, setting the minimum price for the company at Euro300 million (US$425m) as it retreats from plans for a stock exchange floatation, a Polish daily reports. Parkiet daily reports unnamed sources as saying Hortex, which also exports 80% of its frozen fruit and vegetable output […]
RealNetworks Inc. (Nasdaq: RNWK) has agreed to acquire Game Trust Inc., a New York-based casual game infrastructure company. Game Trust develops community and commerce capabilities within games, and has raised $16 million in VC funding from Draper Fisher Jurvetson, CSK Venture Capital, Intel Capital, New Jersey Technology Council, Silicon Alley Venture Partners, TopSpin Partners and […]
GenSight, a provider of project portfolio management software, has raised $3 million in first-round funding from SIG Strategic Investments. GenSight has offices in both the UK and Doylestown, Pennsylvania. www.gensight.com
Cloyes Gear and Products Inc., a portfolio company of KPS Capital Partners, has sold its European business to Sumitomo Electric Industries Ltd. No financial terms were disclosed. Cloyes Europe is based in Germany, and produces powdered metal components for the automotive industry in Europe. www.cloyes.com
DECA, a Santa Monica, Calif.-based digital entertainment studio, has raised $5 million in Series A funding. Mayfield Fund led the deal, and was joined by General Catalyst Partners and Atomico Investments. www.deca.tv