Luisa Beltran

MindMixer Raises $4 Mln

MindMixer has closed $4 million in funding led by Nelnet. Existing investors Dundee Venture Capital and Optimas Group also participated. MindMixer is an online engagement platform.

Local Market Raises $1.5 Mln Funding

Local Market Launch has closed $1.5 million in Series A funding from Rincon Venture Partners. Local Market is a business listings management startup that has raised total capital of $2.7 million.

Nelson Global Buys Envall

Nelson Global Products Inc., which is backed by Wind Point Partners, has acquired Envall. Financial terms weren't announced. Envall, of Rio Grande do Sul, Brazil, makes tube and hose assemblies.

Platte River Sells Hetsco

Platte River Equity has sold Hetsco to Global Power Equipment Group. Financial terms weren't announced. Greenwood, Ind.-based Hetsco provides emergency and planned repairs for brazed aluminum heat exchangers. St. Charles Capital served as financial advisor to Hetsco while TM Capital provided financial advice to Global Power.

Kohlberg & Co. Closes Fund VII at $1.6 Bln

Kohlberg & Company has closed its seventh fund at $1.6 billion.

Blackstone to Hire 50,000 Vets Over Next 5 Years

Blackstone said Tuesday that it has partnered with The White House to support veterans and military families. The global buyout firm plans to hire 50,000 veterans across its portfolio companies over the next five years.

Alpha Payments Raises $12 Mln

Alpha Payments Cloud said Tuesday it raised $12 million from an angel investor. Singapore-based Alpha Payments is a payments-focused cloud-based IT firm. The company has launched an enterprise app store for the payments industry.

Crane Capital Invests in Brain Balance

Crane Street Capital has invested in Brain Balance Holdings. Financial terms weren't announced. Brain Balance is a franchisor and operator of supplemental educational centers focused on helping children with learning disabilities such as ADD and ADHD.

Aerocrine Closes $50 Mln Debt, Equity Financing

Aerocrine has received $35 million in debt financing from OrbiMed and Novo. Aerocrine also raises SEK 95 million (approx. USD 15 million) of equity from OrbiMed and a number of institutional investors through a directed share issue. Aerocrine, of Solna, Sweden, is a medical products company.

Rocketmiles Raises $2 Mln

Rocketmiles said Monday it raised $2 million in funding led by Atlas Venture. Other participants include Link Ventures, and Peterson Ventures and several angel investors in the travel and loyalty industry. Chicago-based Rocketmiles is a hotel booking site.