Angela Sormani

Oakley acquires majority stake in Facile

Oakley Capital Investments Limited has acquired a majority stake in Facile. Founded in 2008, the business is an Italian car insurance broker and price comparison website.

Accuris Networks secures $15 mln backing and hires CEO

Accuris Networks, a cellular and Wi-Fi connectivity business, has completed a $15 million equity funding round. New investors include the Ulster Bank Diageo Venture Fund and the China Ireland Growth Technology Fund. Accuris Networks also announced the appointment of US-based wireless executive Jeff Brown as CEO.

peHUB First Read

Catch up on the midweek news including a record year for venture capital in Asia, what funds are doing it for Oregon, Mizuho selling buyout fund stakes and an insight into an American Islamic growth equity transaction.

Startup Andela launches with seed round

Technology company Andela has launched with a seed round of funding. Investors include Steve Case, Omidyar Network, Founder Collective, Rothenberg Ventures, Learn Capital, Melo7 Tech Partners, and Chris Hughes. The size of the round is undisclosed.

GSO Capital's TBC Holdings acquires LocalVox Media

TBC Holdings, a holding company created to acquire and manage advertising, marketing and technology companies has acquired New York-based LocalVox Media. LocalVox provides a range of marketing software platforms targeting local and multi-location businesses. TBC Holdings is backed primarily by affiliates of Blackstone’s GSO Capital.

GSO's Jordan Peer joins H.I.G. as IR head

H.I.G. Capital has appointed former GSO Capital Partners' investor relations professional Jordan Peer as managing director and head of investor relations, based in New York.

Tiger Infrastructure to acquire stake in Hudson Fiber Network

Tiger Infrastructure Partners is to acquire a majority interest in Hudson Fiber Network. Further terms of the transaction were not disclosed. Established in 2002 and headquartered in Paramus, New Jersey, Hudson Fiber Network is a data transport provider for financial, carrier and enterprise clients.

COTA raises Series A funds

COTA has closed $3.7 million in a planned $7 million Series A funding round led by Horizon Healthcare Services with participation from Med-Metrix. COTA is a big data platform designed by practicing oncologists to deliver real-time clinical outcomes data and cost analysis for cancer care.

Agari raises $15 mln led by Scale Venture Partners

Agari, a provider of real-time, data-driven security solutions has secured a $15 million Series C funding round led by Scale Venture Partners. Existing investors Alloy Ventures, Battery Ventures, First Round Capital and others also participated.

Inivata raises funds led by Imperial Innovations

strong>Inivata has raised funding led by Imperial Innovations and including Cambridge Innovation Capital and Johnson & Johnson Development Corporation. Inivata is a clinical cancer genomics company.