2 min read · 01 June 2011
Charles Costenbader will join Tangent Energy Solutions, the Pennsylvania-based on-site energy supply manager. Costenbader has formerly worked with Macquarie Energy and GE Capital.
2 min read · 01 June 2011
Minnesota private equity firm Tonka Bay Equity Partners completed a dividend recapitalization of its portfolio company, Circuit Check Holdings, which provides test solutions for printed circuit board assemblies. Specifics on the transaction were not publicized, but Tonka Bay and other Circuit Check shareholders get a cut and the rest will be used to fund growth.
2 min read · 01 June 2011
Berlin-based startup 6Wunderkinder received backing from investor T-Venture, the VC arm of Deutsche Telekom, to foster its international expansion. This additional funding comes just six months after the Berlin-based company raised €500,000 from the High-Tech Gründerfonds. Thomas Grota, Senior Investment Manager of T-Venture, worked on the transaction for the investor.
2 min read · 01 June 2011
Got Our E-Mails? Get our e-mails (totally free) Trading Up: So, now who’s buying into Facebook? Gearing up for a Run? Will Chris Christie, or won’t he, in Iowa? They Can’t Lay Off: Investors are all over the new IPOs (but you knew that already)
1 min read · 01 June 2011
It’s safe to say all those ancillary add-on Twitter photo apps will not be enjoying the “Tweetdeck tweetment.” The mega micro-messaging company didn’t really need to buy Tweetdeck last month; but the $40 million-$50 million Twitter spent acquiring the software application that organizes tweets allowed it to snap up engineering talent as the company’s own CTO was exiled and it bolted on technology it will likely need later. The Tweetdeck deal probably also....
3 min read · 01 June 2011
Coming on the heels of the Tweetdeck deal, Twitter’s not done making buys yet. AdGrok announced on its corporate blog earlier today that the company will be acquired and integrated into Twitter’s revenue engineering team. Specifics on the deal were not publicized.
2 min read · 31 May 2011
Minno is Minno no more. The online payments company raised $700,000 in the form of a seed round from investors including GRP Partners and Farhad Mohit, the Shopzilla founder, and is rebranding itself as well. According to its blog posting, Minno will rebrand as BuySimple. Specifics on the funding or personnel moves were not made public.
1 min read · 31 May 2011
MobileIron, the enterprise management and security system for mobile devices and related apps, has landed a $20 million Series D growth financing round. All of the company’s current investors, including Foundation Capital, Norwest Venture Partners, Sequoia Capital and Storm Ventures, participated in the round.
4 min read · 31 May 2011
Early-stage industrial biologics company Novophage completed a $5.7 million Series A round of financing. The round was led by Flybridge Capital Partners and included Chevron Technology Ventures, Founder Collective, The Kraft Group and Boston University. As part of the funding, Founder Collective's Micah Rosenbloom has joined the company as CEO.
4 min read · 31 May 2011