Private Equity
Rocket Lawyer, the California-based online legal service, acquired LawPivot, a Q&A site where attorneys can be reached. Specifics of the deal were not publicized. Google Ventures and August Capital are among Rocket Lawyer’s backers.
2 min read · 14 January 2013
Art.com, the California-based art retailing website, has acquired Zenfolio, an online marketplace for professional and amateur photographers. Polaris Venture Partners is among Art.com’s backers; Zenfolio is based in California, as well. Additionally, Art.com raised $6.2 million, according to a federal filing.
3 min read · 14 January 2013
Portland, Oregon-based startup JanRain, which had raised about $20 million to date, is working on a new round, according to a filing the consumer web company submitted with the SEC. The filing states the company is trying to raise nearly $33 million, with much of that capital already committed to the startup by investors. Emergence Capital Partners is one of the backers for JanRain. TechCrunch reported earlier that the company has in fact completed a round for $33 million.
1 min read · 14 January 2013
Jim Pinto has been promoted to President and Chief Operating Officer of The Gores Group’s National Envelope, the company announced. Pinto joined National Envelope in 2012.
3 min read · 14 January 2013
Lambert Private Equity, the California-based investment firm, established a $75 million equity line with Amvesco Holdings, a Las Vegas-based company. Amvesco is a holding company that makes junior capital investments.
3 min read · 14 January 2013
Precise Packaging, a maker of pressurized spray products, has been acquired by Trive Capital, the Dallas, Texas-based PE firm. Specifics of the deal were not publicized. Salem Partners advised the buyer.
3 min read · 14 January 2013
Gene Austin will join Texas-based Austin Ventures as an Entrepreneur in Residence, the firm announced. He will advise on SaaS and cloud computing opportunities. He spent 10 years with Convio, an Austin portfolio company that was sold in 2012.
2 min read · 14 January 2013
California-based website management company Zurb will acquire Forrst, a similar site for developers, from Colourlovers, which bought Forrst in March 2012. Specifics of the transaction were not publicized; 500Startups is among Forrst’s backers.
2 min read · 14 January 2013
What makes peHUB readers tick this week? How about sizing up the ’13 IPO market, news on new funds and LBO deals? Take a look at this week’s peHUB Top 10.
1 min read · 14 January 2013
Rockport Capital, Open Prairie Ventures and Pangaea Ventures joined in a $7 million financing round to support agricultural biotech firm NewLeaf Symbiotics. NewLeaf is based in St. Louis, Missouri.
2 min read · 11 January 2013
