I've been a business reporter for a while. I've covered Wall Street, venture capital and now private equity. I'm always looking for a scoop or something to talk about. I'm the eternal optimist and am still waiting for the Chicago Cubs to win the World Series. Yes, I believe.
Infinity Wireless Ltd. said Thursday it raised 500,000 euros (US$542,424) in a venture round of funding led by Mangrove Capital Partners. Existing investor Boundary Capital Partners also participated. Birmingham, England-based Infinity Wireless develops data recovery solutions for smart devices.
4 min read · 17 December 2015
Depositphotos said Thursday it raised $5 million in funding led by the European Bank for Reconstruction and Development (EBRD) via the EBRD Venture Capital Investment Programme. Previous investor TMT Investments also participated. New York-based Depositphotos is a stock photo platform.
4 min read · 17 December 2015
Matcherino said Thursday it raised $1.25 million in funding led by Madrona Venture Group. Vulcan Capital and angels also participated. Seattle-based Matcherino is an eSports engagement platform.
3 min read · 17 December 2015
Yukon Partners has provided a mezzanine and equity investment in Upstream Rehabilitation Inc. Financial terms weren’t announced. Birmingham, Alabama-based Upstream is an outpatient physical therapy provider that operates more than 300 owned and manages clinics across a 23 states.
3 min read · 17 December 2015
AEA Investors LP said Wednesday that it has agreed to buy a majority of 1-800 Contacts Inc. from Thomas H. Lee Partners, L.P. Financial terms weren’t announced. THL will remain an investor in the company. Credit Suisse and Barclays, as well as an affiliate of the Merchant Banking Division of Goldman Sachs, are providing debt financing. 1-800 Contacts is the largest retailer of contact lenses in the United States. Credit Suisse and Barclays advised AEA while CapM Advisors provided financial advice to THL/1-800 Contacts.
3 min read · 17 December 2015
Summit Partners has invested 31 million euros (US$33.9 million) in Signavio GmbH. With offices in Berlin, Singapore and Sunnyvale, California, Signavio provides SaaS-based business process and decision management technology. GP Bullhound and CMS advised Signavio while Hengeler Mueller and Kirkland & Ellis provided financial advice to Summit.
3 min read · 17 December 2015
Blue River Technologies said Wednesday that it raised $17 million in Series B funding led by Pontifax Global Food and Agriculture Technology Fund. Syngenta Ventures and Monsanto Growth Ventures joined the round as new investors, and existing investors Data Collective Venture Capital, Khosla Ventures and Eric Schmidt’s Innovation Endeavors also participated. Sunnyvale, California-based Blue River Tech provides robotic systems that aim to precisely observe and treat each plant in a field.
3 min read · 16 December 2015
X5 Solutions, which is backed by NewSpring Capital, has acquired CornerStone Telephone Company. Financial terms weren’t announced. Troy, New York-based CornerStone provides local and long distance phone service, high-speed Internet access, VoIP, cloud computing, data center services and business phone systems to customers throughout the northeastern United States.
3 min read · 16 December 2015
Motion PT Group Inc., a portfolio company of Pharos Capital Group LLC, has acquired three companies. They include: Dynamic Care Physical Therapy; Greco Physical Therapy and Sports Performance PLLC; and ProActive Physical & Hand Therapy. Financial terms weren’t announced.
4 min read · 16 December 2015
Century Park Capital Partners said Wednesday that it closed the sale of Lynx Grills Inc. to Middleby Corp. Downey, California-based Lynx makes high-performance outdoor kitchen products like stainless steel barbeque grills as well as complementary cooking, storage, refrigeration and food preparation accessories. William Blair advised Lynx.
3 min read · 16 December 2015
