Scoop.it has secured $2.6 million in funding according to VentureBeat, writes Reuters. The company combines semantic analysis with human curation to help brands publish relevant content. Partech International, Elaia Partners, IXO Private Equity and Orkos Capital contributed to this round. The company has also hired Andrew Federici as vice president of monetization.Continue
San Francisco-based Scoop.it — which provides a social curation tool that allows users to collect and publish online content — has raised $2.6 million from existing investors Partech International, Elaia Partners, IXO Private Equity and Orkos Capital. The funding gives the company $13.6 million in total capitalization since it was launched about three years ago.Continue
Atlantis Computing said it raised $20 million in a Series D round of funding led by Adams Street Partners and joined by existing investors Cisco Systems, El Dorado Ventures and Partech International. The company said it has now raised a total of $35 million in funding.Continue
California-based solid-state lighting company ED Engin has completed a Series E financing. Technology fund GVT Fund led the round and was joined by co-investor MSIVC, existing investors WK Technology Fund, Partech International, NGP Energy Technology Partners and independent investor and chairman Dr Keh-Shew Lu. The financing will be used to broaden the LED Engin product […]Continue
Adams Street Partners led a $12 million fundraising through equity financing in Five9 Inc, the cloud-based contact center software firm. Partech International and Hummer Winblad Venture Capital also participated in the investment. To date, Five9, based in Calif., has raised $49 million. PRESS RELEASE: SAN RAMON, Calif., Apr 19, 2012 — Five9 Inc., the leading […]Continue
European venture fundraising figures were down 15% from $5,765.01 million in 73 funds in 2010 to $4,923.05 million in 46 funds last year, according to data from Thomson Reuters. While figures were down, there were still some notable fundraisings from well-established European venture players who haven’t let the economic crisis grind them (or their coffers) […]Continue
International and San Francisco-based venture capital firm Partech International announced the first close of €100M ($135M) for its sixth fund. The VC firm, which also has European operations, did not specify a target for its fund.Continue
Prysm, which develops laser phosphor digital displays, revealed Thursday that it had raised $100 million in new funding, bringing its total raised to more than $135 million. The San Jose, Calif.-based company is backed by investors including Artiman Ventures and Partech International. Prysm did not reveal details of its latest funding round, or name additional investors in the company.Continue
First, peHUB broke the news that Partech International portfolio company Racktivity did a CEO shuffle as it prepared to commit to European operations, and today, sources tell peHUB, the international VC will soon be fundraising. Partech’s sixth international VC fund will be in the range of the VC’s last fourth and fifth vintages that respectively […]Continue
Marco DeMiroz, who has spent just more than a year as CEO of Racktivity, the cloud storage-focused startup, is leaving the company to return to his venture capital roots.
DeMiroz, according to his LinkedIn page, is now an investor with Partech International, the San Francisco-based venture capital firm–however, a source at Partech said he will be an executive-in-residence there.
UPDATE: Partech International’s Philippe Collombel, when contacted by peHUB, had this to say: “There is no plan to have Marco join our team.” He declined to provide comment on DeMiroz’s LinkedIn page, which states that he is, in fact, an investor with Partech. Another individual with Partech clarified that DeMiroz will be an executive-in-residence with the firm, and not an investor.Continue
(Reuters) – Three initial public offerings were postponed on Tuesday, the latest casualties of volatile market conditions.
Offerings by Portuguese mobile marketing and payment services provider TIM w.e. SGPS SA, which was expected to raise $146.3 million, and 3-D motion-sensing company InvenSense Inc, a VC-backed company due to raise $99.8 million, were postponed, underwriters said. The $180 million IPO of Seattle-based lender HomeStreet was also sidelined, an underwriter said.
Invensense, founded in 2003, raised a total of $53 million in venture capital between 2004 and 2008, according to Thomson Reuters (publisher of peHUB). The company’s backers include Artiman Ventures, DoCoMo Capital, PartechContinue
Jaspersoft, a maker of business intelligence software, has inked $11 million in a round of venture capital led by Red Hat and SAP Ventures. New investor Quest Software joined in the round, which also included participation from existing shareholders Doll Capital Management, Morgenthaler Ventures, Partech International, Scale Venture Partners, and Adams Street Partners. The money will be used for expansion and potential acquisitions. Jaspersoft is based in San Francisco.Continue
The Louisville, Kentucky-based venture firm Chrysalis Ventures has brought aboard Roy Ziegler as a venture partner. Ziegler was most recently operating partner with San Francisco-based Health Evolution Partners where he was focused on late-stage healthcare companies. Prior, Ziegler — who will be based in San Francisco — was as venture partner at Partech International. PRESS RELEASE: […]Continue
Redwood City, Calif.-based data storage start-up Racktivity has named Mark Harris vice president of marketing and product marketing, and Kris De Peuter vice president of operations and manufacturing. Prior to joining Racktivity, Peuter was managed supply chain and operations for INEWIT, a Belgian start-up company. Harris has held various positions at companies including Cyclades Corp, Avocent Inc. and Raritan Computer. Racktivity is backed by venture investors including Partech International and Big Bang Ventures.Continue
Redwood City, Calif.-based start-up Racktivity has raised $8 million in a Series B round led by Partech International. Existing shareholder Big Bang Ventures also participated in the round, which is designed to help Racktivity expand its product development. Racktivity is developing technology to reduce the energy consumption, costs and carbon emissions of data centers. Partech has offices in San Francisco and Paris. Big Bang Ventures has offices in Antwerp, London and Istanbul.Continue