The incredible growing A round just keeps on getting bigger. Kenandy, the supply chain management firm, accepted a $10.5 million Series A investment led by Kleiner Perkins Caufield & Byers and including Salesforce.com and Wilson Sonsini Goodrich Rosati. Ray Lane, managing partner at KPCB, will also join Kenandy’s board of directors.
3 min read · 29 August 2011
Quixey, the California-based search engine for apps, has raised $3.8 million from a group of venture capital firms to fuel its growth. U.S. Venture Partners and WI Harper Group led the round, with participation from Innovation Endeavors and Webb Investment Network.
2 min read · 29 August 2011
Thermo Fisher Scientific, the listed, Massachusetts-based life sciences company, completed its earlier-announced acquisition of Phadia, the blood testing and allergies diagnosis company previously owned by European private equity firm Cinven.
4 min read · 26 August 2011
Patrick S. Aubry will join EcoMotors International, the Michigan-based automotive engine developer, as Chief Financial Officer and will add Jennifer Holmgren to its board of directors. Holmgren also serves as CEO of LanzaTech, a bioenergy tech firm, and holds multiple patents. EcoMotors is backed by Khosla Ventures and Bill Gates.
3 min read · 25 August 2011
Bloomberg will acquire BNA, the Bureau of National Affairs, for about $990 million, further deepening the media outlet’s presence in Washington D.C., as well as the company’s Bloomberg Law Platform. The transaction is set to close this year. Further specifics on the deal were not publicized.
6 min read · 25 August 2011
Private equity firm TPG Capital will acquire a 30% stake in Saxo Bank, the Denmark-based bank, with an option to increase its stake to 40 percent. Investors, including General Atlantic, Banco Espirito Santo, among others, sold the stake to TPG. Founders Kim Fournais and Lars Seier Christensen will maintain a majority stake, even in the event that TPG exercises its option.
3 min read · 25 August 2011
Embrane, the software and network services provider, locked down a $18 million funding round from lead investor New Enterprise Associates, Lightspeed Venture Partners and North Bridge Ventures. The deal follows on the $9 million A round the company took.
4 min read · 25 August 2011
Dealer.com, the Vermont online automotive marketer, struck a deal with Accel Partners, in which the VC reportedly will provide the company with $30 million. Don Hall, formerly a board member with Dealer.com, will be replaced by Todd MacLean, a partner with Accel.
4 min read · 25 August 2011
Greylock Partners, Sutter Hill Ventures and a group of angel investors joined lead investor Redpoint Ventures in a $30 million Series C funding for Pure Storage, an all-flash enterprise storage company. Samsung Venture Investment Corp. Pure Storage has racked up $55 million in funding to date.
3 min read · 24 August 2011
Oak Investment Partners, Hillsven Capital and Crosslink Capital joined to pour $22 million into Bleacher Report, the online sports site. Fred Harman, a general partner with Oak, joins the company’s board of directors. The site has a number of partnerships with traditional media outlets as well.
4 min read · 24 August 2011
