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.
Duff & Phelps, which is backed by The Carlyle Group, said it has added three managing directors. Richard Newby and Shiv Mahalingham have joined the London office and Christopher Newman has joined the Silicon Valley office. The MDs are joining Duff & Phelps cross-border pricing team.
3 min read · 22 October 2014
PointGuard Ventures is leading a $13 million financing round for InSilixa. Sunnyvale, California-based InSilixa is molecular diagnostic platform developer.
4 min read · 22 October 2014
Tallwave Capital has closed its first fund at $13.15 million. Tallwave Commercialization Fund I, a seed fund focused on the technology sector, will seek to make seed investments of $125K - $400K in early-stage differentiated consumer and enterprise focused businesses in most industry vertical markets. Scottsdale, Ariz.-based Tallwave is an early-stage investment firm that targets Software-as-a-Service (SaaS) platforms, mobile applications, digital media, ad tech and ecommerce platforms across North America.
3 min read · 22 October 2014
Risk Strategies Co., which is backed by Kohlberg & Company, has acquired Benefit Development Group. Financial terms weren’t announced. Worcester, Mass.-based Benefit Development is a health insurance, group, and voluntary benefits in the Northeast.
3 min read · 22 October 2014
In Second Opinion, Bloomberg snags Business Insider's Joseph Weisenthal, Yahoo Q3 results beat expectations, Staples may have been hacked and Microsoft CEO Satya Nadella's compensation is valued at more than $84 million.
1 min read · 21 October 2014
CareSync said Tuesday it has secured $4.25 million in Series A financing led by Tullis Health Investors, Clearwell Group, CDH Solutions, and CareSync Founder & CEO, Travis Bond. Wesley Chapel, Fla.-based CareSync provides an app that lets users, their families, and their care teams access, filter, and share health information.
3 min read · 21 October 2014
Deutsche Asset & Wealth Management said Tuesday that DB Private Equity has closed its latest secondary opportunities fund at its hard cap of $1.665 billion. Secondary Opportunities Fund III LP will buy private equity fund interests and assets in the secondary market globally. New and existing investors of SOF III included public and corporate pension plans, sovereign wealth funds, insurance companies, foundations & endowments, and family offices from across the Americas, Europe, Middle-East and Asia.
2 min read · 21 October 2014
CrowdCare Corp. said Tuesday it has raised an additional $3.5 million led by Extreme Venture Partners. Mantella Ventures Partners, an existing investor, also participated. Toronto-based CrowdCare provides the Wysdom app which aims to help customers with information and resources to solve problems with their mobile phones.
4 min read · 21 October 2014
Benu Networks has raised a $27.7 million funding round. Liberty Global Ventures and Arris Group participated. Benu, which provides networking and software solutions for network operators deploying Wi-Fi and Cloud services, said it hired Dino Di Palma as its CEO. Existing investors include Spark Capital, Sutter Hill Ventures and Comcast Ventures.
2 min read · 21 October 2014
Viamet Pharmaceuticals Holdings said Tuesday it closed a $60 million Series D financing provided by Brandon Point Industries Ltd. working with Woodford Investment Management. Current investors includes Novartis Venture Fund, Lilly Ventures, Hatteras Venture Partners, Intersouth Partners, Lurie Holdings and Astellas Venture Management. Durham, N.C.-based Viamet Pharma develops antifungal agents using a metalloenzyme medicinal chemistry platform.
4 min read · 21 October 2014
