Snagajob rakes in $100 mln

By Iris Dorbian — 5 days ago

Hourly work marketplace Snagajob has closed $100 million in funding. Rho Acceleration led the round with participation from NewSpring Capital and the Invus Group. In addition to the funding, Habib Kairouz of Rho Acceleration and Marc Lederman of NewSpring Capital have been added to Snagajob’s board of directors. Raymond James advised Snagajob on the transaction.

Continue

TigerText reels in $50 mln

By Iris Dorbian — 3 months ago

Santa Monica, California-based TigerText, a provider of secure communications and workflow platform for the enterprise, has raised $50 million in Series C funding. Norwest Venture Partners led the round with participation from Invus Group, Accolade Partners, Shasta Ventures, OrbiMed and Reed Elsevier. In addition to the funding, Dr. Robert Mittendorff, a principal at Norwest Venture Partners, has been added to TigerText’s board of directors.

Continue

Invus Group-backed Blue Buffalo sets IPO pricing terms

By Iris Dorbian — 7 months ago

Blue Buffalo Pet Products Inc, which is backed by Invus Group, has priced its IPO of over 29.5 million shares at between $16 and $18 per share. The company plans on trading the stock on the NASDAQ under the ticker symbol “BUFF.” J.P. Morgan Securities LLC and Citigroup Global Markets Inc are serving as the lead underwriters. Based in Wilton, Connecticut, Blue Buffalo is a maker of natural pet products.

Continue

Craton Leads $60M Round for Bridgelux

5 years ago

Craton Equity Partners led a $60 million Series E round for Bridgelux Inc., a developer and manufacturer of LED lighting technologies. A laundry list of existing and strategic investors also participated in the round, including VantagePoint Capital Partners, DCM, El Dorado Ventures, Novus Energy Partners, Invus Group, VTS, Harris & Harris Group and Passport Capital. The company said the infusion will help it bolster research and development efforts. David Asarnow, a principal at Craton Equity, will join the Bridgelux board as an observer.

Continue

Zero Motorcycles Inks $26M

5 years ago

Electric motorcycle manufacturer Zero Motorcycles has sealed a commitment for up to $26 million in new financing. Existing shareholder Invus LP led the round, which closed on March 3 with $17 million. An additional $9 million may be added over the next few months, the company said in a statement. Zero Motorcycles is based in Satan Cruz, Calif.

Continue

From the Filings…

5 years ago

(Recent funding news based on Form D filings with the S.E.C.)

Narrative Science Inc., whose software is designed to automatically generate news stories, industry reports, headlines and other editorial content, has raised $5.65 million in new financing, according to a regulatory filing. Roger Lee, a general partner with Battery Ventures is listed among the company’s directors. Narratives Sciences is based in Evanston, Illinois.

San Francisco-based Ensenda raised $4.2 million in new financing, according to a filing with

Continue

Abound Solar Raises $110M in Equity, Seals $400M Loan

5 years ago

Abound Solar, which is developing cadmium telluride, thin-film photovoltaic solar modules, has inked a $400 million loan guarantee from the U.S. Department of Energy. The company has also raised $110 million in equity financing, bringing the total equity raised to $260 million. Existing investors Invus Group, Bohemian Companies, DCM and Technology Partners participated in the new round. New investors BP Alternative Energy Ventures and West Hill Companies also participated. The funding will help Abound Solar expand its manufacturing capacity at sites in Colorado and Indiana.

Continue