Private Equity
Martex Fiber Southern Corp., based in Spartanburg, S.C., has completed an add-on acquisition of JBM Fibers, a recycled fiber manufacturing business in Brownsville, Texas. Martex is a portfolio company of Milestone Partners, a private equity firm that is based in Radnor, Pa., and focused on lower middle market opportunities.
2 min read · 26 June 2013
3 min read · 26 June 2013
Entrepreneurs who’ve exhausted their seed funding and haven't been able to secure a Series A round may soon have a new option in Venture51. The Scottsdale, Ariz.-based firm is raising $25 million for its second fund.
2 min read · 25 June 2013
Today, we have the ghost town of Silicon Valley, Yahoo's astoundingly boring shareholders meeting, and will you live longer than your grandparents? Don't be so sure. And much more!
1 min read · 25 June 2013
San Francisco startup Biba has raised $15 million from InterWest Partners, Benchmark Capital and Trinity Ventures to make conference calls a lot simpler.
3 min read · 25 June 2013
IVP defends its $60 million investment in Snapchat. Google Ventures doesn't rely on intuition; it lets its algorithms do the work. And IPOs are back -- even the bad ones. And more!
1 min read · 24 June 2013
Starbucks is raising prices. Leaked photos of the new iPhone reveal that it looks disappointingly like the current one. And revised acronyms for a changing world. And so much more!
1 min read · 21 June 2013
In recent years, micro VC funds have become de rigueur. If Matthew Holmes and Emmanuel Tesone have their way, private equity funds may be on the same course. They've raised $9 million to roll up sub-$1 million specialty e-commerce businesses.
4 min read · 21 June 2013
Pirate Bay's cofounder gets two years in prison. Google concedes that its crazy interview questions were a complete waste of time. The world's most profitable spy agency? Booz Allen. And much more!
1 min read · 20 June 2013
Firebase, a three-year-old, San Francisco-based startup whose cloud service is designed to power collaborative communications in real time, has raised $5.6 million in Series A funding from Union Square Ventures and Flybridge Venture Capital. The company had raised $1.4 million in seed funding last year from Flybridge, Data Collective, Greylock Partners, New Enterprise Associates and Expansion Venture Capital.
2 min read · 20 June 2013
