Zebit said it received a $30 million term debt facility underwritten by Crystal Financial LLC. The company will use the money to expand globally. Zebit’s parent company, Global Analytics Holdings Inc., has previously raised $65 million in equity and debt financing since 2009.
4 min read · 08 July 2013
Cleantech venture investing rebounded in the second quarter with $1.76 billion of capital deployed across the globe, according to the Cleantech Group. That’s up 56% from the depressed levels of the first quarter and up 9% from the second quarter of 2012.
1 min read · 05 July 2013
The startup accelerator 500 Startups scheduled demo days for its 6th batch of companies on July 24 in Mountain View, Calif., July 25th in San Francisco and on the 31st in New York. Here is a link to a list of the presenting companies.
1 min read · 03 July 2013
Venture capitalists worldwide put $10.4 billion into young companies in the second quarter, an uptick from the depressed levels of the first quarter both internationally and in the United States. North American deal making accounted for 74% of the global total and rose to $7.7 billion,
1 min read · 02 July 2013
RollApp said it raised $1 million of Series A funding in a deal led by LETA Capital and joined by TMT Investments. TMT made a seed investment in the company in 2011. RollApp will use the money to move out of beta.
3 min read · 02 July 2013
Greylock Partners named Andrew Johns as a growth strategist in residence. Johns in his new role will work with portfolio companies to build "durable user growth and engagement," according to a blog post. His role will be to assist companies in establishing metrics, dashboards, new features and tests of engagement.
1 min read · 01 July 2013
The Angel Capital Association and the Young Entrepreneur Council said they struck a partnership with the goal of better connecting young entrepreneurs with angel investors.
3 min read · 01 July 2013
An early look at private equity fundraising in the second quarter suggests an improving market for raising new money, including an apparent uptick in prospects for new venture capital funds.
2 min read · 01 July 2013
BoxCast said it raised $250,000 from JumpStart Inc. The Cleveland company allows users to stream video to BoxCast's cloud-based service for later retrieval.
2 min read · 01 July 2013
TCV, Sofinnova turned in mixed performances in the state pension fund’s venture portfolio
2 min read · 01 July 2013
