WiN MS has secured its first round funding led by Generis Capital Partners. WiN MS is a provider of monitoring and diagnostics solutions for wired networks.
4 min read · 21 May 2014
TIS has secured a Series B round of venture funding. The round attracted new shareholder Zobito, a Swedish VC firm specializing in enterprise software companies. Also participating was Munich-based venture capital firm Target Partners. TIS offers medium-sized and large enterprises a smart payments software as a service platform for managing corporate payments, liquidity and bank relationships worldwide.
3 min read · 21 May 2014
Sean E. Hayes and Edward (Ted) F. Ughetta have joined Nixon Peabody’s private equity team. Nixon Peabody advises institutional investors, private equity funds and portfolio companies globally.
2 min read · 21 May 2014
Global hospitality and travel company Carlson is to sell TGI Fridays® Restaurants to Sentinel Capital Partners and TriArtisan Capital Partners. Financial terms of the transaction were not disclosed.
4 min read · 21 May 2014
This mid-week morning, First Read brings you CVC's first buy from its latest Asia fund, fundraising news from Victory Park Capital, women standing firm as institutional investors and a look at CalSTRS' top performing fund managers coming back to market.
1 min read · 21 May 2014
Francsico Partners, The Gores Group, Thoma Bravo and Hellman & Friedman are young vintages of fund managers predicted back to market whose IRRs showed the biggest leap for the California State Teachers’ Retirement System for the year to Sept. 30, 2013.
2 min read · 20 May 2014
Sumo Logic has raised $30 million in a round led by Sequoia Capital, with participation from existing investors Greylock Partners, Sutter Hill Ventures and Accel Partners. Sumo Logic is a next generation machine data analytics company.
4 min read · 20 May 2014
Revolights has received $1 million of Series A funding in a round co-led by Sierra Angels and Sacramento Angels. The business is a maker of revolutionary bike lights.
4 min read · 20 May 2014
Aeroflex Holding has entered into a merger agreement with Cobham. Under the terms of the transaction, Cobham will acquire Aeroflex for $10.50 per share in cash. Cobham is a UK-listed company that designs and manufactures a wide range of equipment, specialized systems and components for the aerospace, defense, energy, and electronics industries.
5 min read · 20 May 2014
Carmel Ventures has made its first social gaming investment as the lead funder of LuckyFish Games, a developer of luck-based social games for mobile devices and social networks. The business closed on $1.6 million in Series A funding.
2 min read · 20 May 2014