Neon Therapeutics inks $55 mln Series A

Neon Therapeutics has launched with $55 million in Series A funding. Third Rock Ventures led the round with participation from Clal Biotechnology Industries and Access Industries. Based in Cambridge, Massachusetts, Neon Therapeutics is an immuno-oncology company focused on treating cancer.


DigitalOcean raises $83 mln

DigitalOcean said Wednesday that it closed an $83 million round of funding led by Access Industries. Andreessen Horowitz also participated. New York-based DigitalOcean is a cloud infrastructure provider that aims to simplify web infrastructure for software developers.


Yotpo scores $15 mln in Marker-led round

Customer content marketing platform Yotpo has closed $15 million in funding. Marker LLC led the round with participation from other investors that included Innovation Endeavors, Vintage Investment Partners, Blumberg Capital and Access Industries. Also, the company has appointed former GoDaddy CEO Warren Adelman to its board.


Comverse to buy Acision for about $135 mln

Comverse Inc has agreed to acquire Acision, a UK-based provider of secure mobile messaging and engagement services. The value of the transaction is about $135 million in cash, 3.13 million shares of Comverse’s common stock and potential earn-out payments of up to $35 million. Acision’s backers included Access Industries and Atlantic Bridge.


Cyanogen raises $80 from Twitter, Rupert Murdoch and others

Palo Alto, California and Seattle-based Cyanogen Inc, a mobile operating system, has closed $80 million in Series C funding. Premji Invest led the round with participation from other investors that included Twitter Ventures, Qualcomm Incorporated, Telefónica Ventures, Smartfren Telecom, Index Ventures, Access Industries, Rupert Murdoch, Benchmark, Andreessen Horowitz, Redpoint Ventures and Tencent Holdings Ltd.


Access Industries leads $103.5 mln funding in Sentient Technologies

Access Industries has led a $103.5 million Series C funding round in artificial intelligence technology company Sentient Technologies. Other investors in the funding round include Tata Communications, existing investors Horizons Ventures and a group of private investors in finance, consumer, food and beverage and real estate. The funding round brings Sentient’s total funding to $143 million.


Zooz closes funding round led by Blumberg Capital

Zooz, a smart payment technology provider, has closed a $12 million funding round. The financing was led by Blumberg Capital, with participation by existing investors including XSeed Capital, lool ventures and Rhodium and new investors Access Industries and Camp One Ventures.

Google Strikes a Deal with Quickoffice

Google will acquire Quickoffice a leader in office productivity solutions. Specifics of the deal were not publicized; Quickoffice backers include Shea Ventures, Shepherd Ventures, Access Industries, Mayfield Fund, and Advantage Capital Partners. GOOGLE ANNOUNCEMENT: We’re happy to announce that we have acquired Quickoffice, a leader in office productivity solutions. Today, consumers, businesses and schools use […]

Tango Cashes In

Tango, the California-based mobile video communications provider, closed a $40 million Series C round, the company revealed. Qualcomm Ventures and Access Industries contributed to the company’s financing, bringing Tango’s total cash to approximately $100 million. PRESS RELEASE: PALO ALTO, CA, Apr 19, 2012 — Tango, the leader in mobile video communications, today announced it has […]

Apollo Global-led Group Inks $7.15 Bln Deal for El Paso Production Business

A group of investors led by Apollo Global Management has agreed to buy El Paso Corp.’s oil and gas exploration and production assets for about $7.15 billion. The deal is subject to the completion of the merger between Kinder Morgan and El Paso Corp., as well as other customary closing conditions. Other investors include Riverstone […]

THL Whistling Dixie, Doubles Cash on Warner Music

(Reuters) – Thomas H Lee Partners will make a return of about two times its original $655 million investment on sale of Warner Music Group to Access Industries, a source familiar with the investment said on Friday. Boston-based THL Partners was the largest private equity investor in the $2.6 billion buyout of Warner Music in […]

Acision raises $100M in funding

Mobile data company Acision has raised $100 million in funding from existing shareholders Access Industries, owned by Len Blavatnik, a co-shareholders International Investment and Underwriting (IIU), owned by Irish investor Dermot Desmond, and Atlantic Bridge.

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