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Insight Venture Partners leads $92 mln round for Virgin Pulse

Virgin Pulse, a provider of a platform designed to increase employee engagement and productivity, has secured $92 million in funding. Insight Venture Partners led the round with participation from other investors that included return backer and parent company Virgin Group. In addition to the funding, Nikitas Koutoupes and Anika Agarwal of Insight Venture Partners have been added to Virgin Pulse’s board of directors.

228 Views

Virgin Group and Bain Capital form Virgin Cruises

Richard Branson’s investment firm Virgin Group and  Bain Capital have partnered up to launch Virgin Cruises, a new cruise line business. No financial terms were disclosed. Also, Tom McAlpin will lead as CEO. Recently, McAlpin worked at The World, Residences at Sea where he served as president and CEO. Virgin Cruises is headquartered in the Miami/Fort Lauderdale area.

111 Views

Branson and Levchin back crowdfunding platform Indiegogo

San Francisco-based crowdfunding platform Indiegogo said Tuesday that it has secured new undisclosed funding from investors that include Virgin Group founder Sir Richard Branson and Affirm CEO Max Levchin. Other investors include Dan Benton, CEO of Andor Capital Management and Tim Draper, founding partner at Draper Fisher Jurvetson. Indiegogo is backed by Institutional Venture Partners, Kleiner Perkins Caufield & Byers, Insight Venture Partners, MHS Capital, Metamorphic Ventures and ff Venture Capital.

Apollo, Goldman Sachs Enter MBNA Europe Auction: Report

(Reuters) – Apollo Global Management and Goldman Sachs have entered the auction for Bank of America Corp.’s British and Irish credit card portfolios, the Financial Times reported on Tuesday. The U.S. groups have joined forces to bid for the MBNA Europe Bank business — part of Bank of America’s MBNA credit card brand — the […]

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