Connie Loizos

Newly Public, Kleiner-Backed RMG Networks on Why It Chose a Reverse Merger

As of this morning, Kleiner Perkins Caufield & Byers has a new, publicly traded company in its portfolio: San Francisco’s RMG Networks, a digital signage media company that has raised $20 million from Kleiner, DAG Ventures, and National Cinemedia since its 2006 founding. The company didn't stage an IPO; rather, it completed a reverse merger with the blank check company in a maneuver that landed it on the Nasdaq.

Chasing Same-Day Delivery

Suddenly, there’s no shortage of companies offering same-day delivery, and some VC-backed startups are speeding to get in on the action

peHUB Second Opinion 4.5.13

Jeff Bezos invests in Business Insider, outgoing HP chairman Ray Lane takes a beating, and a new study shows directors face little accountability, even when a company's performance is lousy. And so much more!

peHUB Second Opinion 4.4.13

Apple's costly plans for its futuristic new headquarters are becoming a giant public relations nightmare, modafinil is apparently Wall Street's new drug of choice, and bad news for hedge fund SAC? And so much more!

Advised by Clearsight Advisors, Semphonic's Sale to Ernst & Young is Completed

Armada Oil Completes Acquisition of Mesa Energy Holdings

The Dallas-based exploration company Armada Oil and Mesa Energy Holdings today announced the closing of the asset purchase agreement and completion of the business combination of Armada Oil and Mesa on March 28, 2013. In completing the transaction, Armada Oil has acquired 100% of Mesa Energy, a wholly owned subsidiary of Mesa that holds substantially all of the assets of Mesa. In return, Mesa stockholders will be issued 0.40 shares of common stock of Armada Oil for each share of Mesa that they own as of the close of business on March 27, 2013.

City of Akron Backs Orthodata with $1.1 Million

The City’s Akron Development Corporation, through its Akron BioInvestment Funds, has invested $1.1 million in Orthodata, a Kentucky-based biomedical company that hopes to commercialize a new spine fusion sensor. Orthodata will also be relocating its headquarters to Akron.

Duff & Phelps Announces Nine New Managing Directors

Duff & Phelps Corporation, a publicly traded, New York-based financial advisory and investment banking firm, has announced the appointment of nine new managing directors, including seven promotions and two new hires.

Axesstel Secures $2.25 Million Loan from Silicon Valley Bank

Axesstel, a San Diego-based maker of wireless voice, broadband access and connected home software, has secured a three-year, $2.25 million term loan with Silicon Valley Bank, the California bank subsidiary and commercial banking operation of SVB Financial Group.

Same-Day Delivery Shifts Into Overdrive, But What's the Rush?

Some experts think the time is right to test consumers’ appetite for same-day service. Others warn of a hidden danger lurking behind these ventures that could test the fabric of society itself.