Zerto has raised $26 million in Series D financing. New investor Harmony Partners led the financing, with participation from all current investors - Battery Ventures, Greylock IL, RTP Ventures and U.S. Venture Partners. Zerto has developed a software-based platform for workload mobility, migration, protection and recovery in hybrid-cloud environments.
4 min read · 18 June 2014
Quantum Technology Sciences has closed on a $4.4 million series A funding round. Investors include Bud Brigham of Anthem Ventures, Jim Farnsworth, chief exploration officer with Cobalt International Energy, Infinity Oil & Gas, and Texas-based investment firm McNair Group. Quantum Technology Sciences designs and sells in-ground security solutions to safeguard highly valued assets, critical infrastructure, borders, and perimeters.
2 min read · 18 June 2014
SIM Partners has raised $8 million in Series A funding led by River Cities Capital Funds and Jump Capital. SIM Partners is a provider of local and social marketing automation SaaS technology.
3 min read · 18 June 2014
Ares Management's private equity group is to acquire BlackBrush from EIG Management Company and Tailwater Capital. BlackBrush has a history of acquiring and developing oil and gas assets across South Texas.
3 min read · 18 June 2014
Bain Capital portfolio company Consolidated Container Company has acquired plastic recyclers Envision Plastics and Ecoplast Corporation from founders Massoud Rad and Parham Yedidsion. Terms of the transaction were not disclosed.
4 min read · 18 June 2014
Blue Sage Capital has promoted Jonathan Pearce and Eric Weiner to vice president. In these roles, both will be responsible for sourcing, evaluating, negotiating structuring, managing due diligence, and closing investment opportunities and subsequent portfolio company monitoring.
2 min read · 18 June 2014
CloudHealth Technologies has secured a $3.2 million extension of its Series A funding round. The funding is from existing investors .406 Ventures and Sigma Prime Ventures.
2 min read · 18 June 2014
Lambert Private Equity has backed Sport Stix. The company plans to list on the OTCBB or equivalent exchange. Sport Stix is a manufacturer and distributor of Sport Stix Electrolyte Drink Mix.
4 min read · 18 June 2014
Diversified Foodservice Supply has acquired Restaurant Parts & More. DFSI is a portfolio company of KRG Capital Partners Fund IV.
2 min read · 18 June 2014
Clearlake Capital Group has acquired ConvergeOne, a provider of communications solutions and managed services to enterprises globally. Terms were not disclosed.
2 min read · 18 June 2014
