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.
Joyce Storm has joined Wheelock Street Capital as a principal. Storm will head Wheelock’s retail investment efforts. Previously, Storm was the founding principal of JSS Advisors.
2 min read · 20 June 2013
Clearlake Capital Group has acquired Inventus. Financial terms were not announced. Clearlake led the investor group which included the Inventus management team and Cerca Group. Chicago-based Inventus provides electronic data discovery services to global law firms. VRA Partners advised the sellers.
3 min read · 20 June 2013
To start your morning, we have news that Microsoft's talks to buy Nokia's handset business are off, it's not money that drives a banker and Dunkin' Donuts plans to sell gluten-free donuts.
1 min read · 20 June 2013
Brentwood Associates, which is out fundraising, has put Paper Source on the block, three sources say.
2 min read · 20 June 2013
Personetics has completed a series B funding of $11.5 million led by Lightspeed Venture Partners. Sequoia Capital and Carmel Ventures joined the round. New York-based Personetics provides predictive customer engagement solutions for the banking industry.
3 min read · 20 June 2013
Marlin Equity Partners said Wednesday that two of its portfolio companies, Sycamore Networks Solutions and Coriant, are merging. Sycamore, which Marlin bought earlier this year, will become Coriant America and remain headquartered in Chelmsford, Mass.
3 min read · 19 June 2013
Muzy said Thursday it raised a $4.4 million round of investment funding. Investors include WPP; DOCOMO Capital, the Silicon Valley venture arm of NTT DOCOMO; Recruit Strategic Partners, the Corporate Venture Capital of Recruit Holdings; and Chinese internet entrepreneurs Xuyang Ren, former VP of Corporate Development for Baidu, and Jianfeng Lu, former CTO of Qihoo 360. San Francisco-based Muzy is an early-stage microblogging service.
2 min read · 19 June 2013
GetGoing said Thursday that Frank Morogiello has joined the company as its chief supply officer. Morogiello's experience includes 26 years with American Airlines, most recently as the company's VP of Global Sales. GetGoing, a travel search and booking engine, is a Y Combinator company based in San Francisco.
3 min read · 19 June 2013
Fab has closed $150 million in new funding, according to a blog post from co-founder and co-CEO Jason Goldberg. Tencent is an investor. The funding is part of a larger Series D round that Goldberg expects will be completed over the next few months. Fab has raised more than $310 million since its inception, he says. Press reports say Fab's valuation, excluding the new funding, was $1 billion.
1 min read · 19 June 2013
Mediware Information Systems has acquired Fastrack Healthcare Systems. Financial terms weren't announced. Mediware is a portfolio company of Thoma Bravo. Fastrack Healthcare is a home medical equipment (HME) and home infusion therapy software solutions company.
2 min read · 19 June 2013
