Highland Capital, Mesirow and DCM Ventures back CENX

CENX, a provider of service orchestration solutions for software-defined networks, has secured an undisclosed amount of funding. The investors were return backers Highland Capital Partners, Mesirow Financial Private Equity Inc, Verizon Ventures, Ericsson, DCM Ventures and Cross Creek Advisors.

327 Views

Boston startup HourlyNerd snaps up $7.8 mln

Boston-based HourlyNerd, an online marketplace for freelance business talent, has secured $7.8 million in Series B funding. Highland Capital Partners led the round with participation from other investors that included GE Ventures, Greylock Partners and Suffolk Equity Partners.

210 Views

Qumulo scores $40 mln in KPCB-led round

Seattle-based enterprise data storage company Qumulo has secured $40 million in Series B funding. Kleiner Perkins Caufield & Byers led the round with participation from return backers Highland Capital, Madrona Venture Group and Valhalla Partners. In conjunction with the funding, Wen Hsieh, a partner at KPCB and Matt McIlwain, a managing director at Madrona Venture Group, have been added to Qumulo’s board.

155 Views

Rethink Robotics pulls in $26.6 mln Series D

Boston-based robots maker Rethink Robotics has raised $26.6 million in Series D funding. GE Ventures led the round with participation from other investors that included Goldman Sachs, Bezos Expeditions, CRV, Highland Capital Partners, Sigma Partners, Draper Fisher Jurvetson and Two Sigma Ventures.

161 Views

Highland hires new MD

Dallas-based investment firm Highland has appointed Felicia Smith as managing director. Previously, Smith worked at Santander Consumer USA where she served as vice president of capital markets.

124 Views

Photofy app nets $1 mln

Photofy has received $1 million in funding. The investors in this round included Capitol Broadcasting Corp, Highland Capital’s James Dondero and Michael Olander, Jr. of MDO Holdings. Based in Raleigh, NC, Photofy is a social content creation app.

153 Views

Fleksy bags $2 mln

Mobile keyboard provider Fleksy has secured $2 million in funding. The investors included Digital Garage, Eniac Ventures, Middleland Capital, Highland Capital Partners and Militello Capital. According to the company, the capital will be used for product development.

151 Views

Moka5 collects $16 mln Series D

Moka5, a Silicon Valley-based provider of next generation end-user computing solutions, has received $16 million in Series D funding. The investors included Khosla Ventures, Highland Capital Partners and NGEN Partners.

155 Views

VC-backed Handy buys Mopp

New York City-based on-demand home cleaning and repair service Handy (formerly known as Handybook) has acquired UK-based cleaning service Mopp, the latter confirmed in a blog post on its site. No financial terms were disclosed. Handy’s backers include Revolution Growth, General Catalyst and Highland Capital. To read the announcement, visit here.

Zoove Secures Series E Rogers Venture Partners, Panorama Capital

Zoove Corp, a provider of a unique mobile phone number for content has secured a $15 million from existing series D investors, Rogers Venture Partners and Panorama Capital. The company’s early stage investors, Worldview Technology Partners and Highland Capital also invested in the business.

CampusLIVE Re-launches as Dailybreak and Inks $5m

CampusLIVE has re-launched as Dailybreak. Based in Boston, MA, the company has closed $5 million in funding led by GSV Capital Corp and is also backed by Highland Capital and Charles River Ventures. Dailybreak has also appointed John Federman as CEO. PRESS RELEASE With a string of major developments heralding its expansion beyond the college-aged […]

2tor Raises Leaves $26M Series D

2tor Inc., a provider of online degree programs, has closed on $26 million in Series D financing. Hillman Company led the round, with participation from new investors SVB Capital and WestRiver Capital, and return backers Bessemer Venture Partners, Highland Capital, Redpoint Ventures, Novak Biddle Venture Partners and City Light Capital. The Series D brings 2tor’s […]

Violin Memory Raises $50M From SAP, Highland, Toshiba, Juniper

Violin Memory, Inc. said it raised $50 million in Series D funding, giving the company a market value of more than $800 million. Investors in the round include Toshiba, Juniper Networks and new investors SAP Ventures and Highland Capital. PRESS RELEASE Violin Memory Flashes Forward with a $50 Million Mezzanine Round and $800+ Million Valuation […]

Tony Roma’s Still Up For Sale, while Krystal Co. Auction in Second Stage

Now a little bit of restaurant deal info.

It’s been a while since I’ve heard anything on the Tony Roma’s auction. In fact, I thought the process was dead.

This isn’t true, I’m hearing. In fact, the auction of the casual dining chain known for its ribs is still going on, sources say. I’m not sure what is taking so long, but Tony Roma’s is in talks with some restaurant groups (I assume this means strategics), sources say.

Rent The Runway Raises $15M From Kleiner Perkins

Rent the Runway said Monday it raised $15 million in venture capital from Kleiner Perkins Caufield & Byers. The investment in the New York dress rental business bring capital raised to more than $31 million, with prior financing of more than $16 million from Bain Capital Ventures and Highland Capital. The startup had pre-launch seed […]

PE HUB Community

Join the 12515 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget