Private Equity
2 min read · 17 October 2011
Educational technology innovator Knewton has completed a $33 million round of funding, led by Founders Fund and Pearson, a global learning company. Returning investors include Accel Partners, Bessemer Venture Partners, and FirstMark Capital.
4 min read · 13 October 2011
Citrix Systems has completed the acquisition of ShareFile(1), a market leading provider of secure, cloud-based data storage, sharing and collaboration. Details of the acquisition were not disclosed.
7 min read · 13 October 2011
Anthemis Holdings, the strategic investment subsidiary of Anthemis Group SA, has closed a 1.87 million euro ($2.57 million) round of new investment in Fidor Bank AG, a provider of online financial services and e-commerce banking solutions.
3 min read · 13 October 2011
WeatherBill has changed its company name to The Climate Corporation and has appointed former US senator Byron Dorgan to its board of directors.
5 min read · 13 October 2011
Carlyle Group, Cerberus Capital Management and Platinum Equity are among the private equity firms interested in buying US auto parts maker Cooper Standard, but tough financing markets make a deal uncertain, people familiar with the matter said to Reuters.
2 min read · 13 October 2011
Kabel Deutschland has announced a change in the company’s supervisory board. Ian West and the representatives of Providence Equity Partners John Hahn, Biswajit Subramanian and Robert Sudo will be leaving the supervisory board of Kabel Deutschland Holding AG. They will resign their positions effective October 31, 2011.
3 min read · 13 October 2011
F&C Investments has announced the first close of F&C Climate Opportunity Partners LP, a new private equity fund of funds focusing on a climate change investment theme. The fund has attracted 30 million euros ($41.2 million) from three institutional investors.
5 min read · 13 October 2011
T-Venture, Deutsche Telekom’s venture capital company, has backed Cost Xpert AG. The Augsburg-based innovative solutions provider main skillset the systematic cost estimation of IT/software projects.
3 min read · 13 October 2011
Scott McNealy, founder of Sun Microsystems, has launched Wayin a unique mobile engagement service connecting users and enterprise partners anywhere, anytime. Wayin is a privately funded entity and has secured financing from investors across multiple sectors.
3 min read · 13 October 2011
