Mitch Truwit and Marcelo Gigliani, partners with Apax Partners, are joining Dealer.com’s board of directors, replacing Yellow Media’s Marc Tellier, Doug Clarke and Normand Theberge, each of whom are stepping down from the company’s board as part of the company’s transfer of ownership.
4 min read · 17 August 2011
Acquia, the commercial solutions provider, will acquire Cyrye, a migration services company. The Web security firm is backed by investors including Northbridge Venture Partners, O’Reilly AlphaTech Ventures, Sigma Partners, and Tenaya Capital. Specifics on the transaction were not publicized.
2 min read · 17 August 2011
Coming off of its September 2010 $600 million-plus fundraise, Merit Capital Partners continued to put capital use, completing in July its acquisition of Knights Apparel. Based in South Carolina, Knights is a maker and designer of licensed sports apparel for NBA, NHL and MLB teams. The deal represents the fourth transaction for Merit Capital Partners off their latest fundraise.
1 min read · 17 August 2011
Umami Co., the New York-based maker of iPad apps that are in beta development with TV networks, has accepted a $1.65 million funding round from Battery Ventures, NEA and a group of industry angels. Rohini Chakravarthy, Partner at NEA, worked on the investment for the VC.
4 min read · 17 August 2011
peerTransfer was provided a $7.5 million round of financing from investors including Accel Partners, Maveron and Boston Seed Capital, which was led by VC Spark Capital. The investment is peerTransfer’s Series A round. Capital will be used by the global payment solutions for international education payments company for operational expansion.
5 min read · 17 August 2011
Pong, the California-based company that develops protection for cell phone users concerned about potentially harmful rays of device exposure, has bagged an unspecified amount of capital from Catterton Partners. Funding will be used to accelerate the company’s marketing and distribution growth domestically and overseas.
4 min read · 17 August 2011
Empire Avenue, the Canadian stock market simulation social network, has raised $1.2 million from investors including Crosslink Capital and iNovia Capital. Kevin Swan, Principal at iNovia Capital, and Eric Chin, Partner at Crosslink, worked on the transaction. Specifics were not publicized.
3 min read · 17 August 2011
TouchTunes Interactive Networks, the company that sought to go public via Jon Ledecky’s failed Victory Acquisition Corp. SPAC, has accepted a $45 million investment from investors 3i, which provided $40 million in capital, and VantagePoint Capital Partners, which contributed $5 million. VantagePoint is an existing investor in TouchTunes.
3 min read · 17 August 2011
Zoosk is looking to attract investors in a new round of financing for the fast-growing online dating website.The San Francisco-based company recently hired Deutsche Bank to help it raise $50 million to $75 million, according to two people familiar with the effort. They spoke on condition of anonymity because the financing is private. Zoosk investors include Bessemer Venture Partners, Canaan Partners, ATA Ventures and Amidzad Partners.
2 min read · 17 August 2011
Index Ventures led a $16 million round in Centrify Corp., the provider of security and compliance solutions for on-site and cloud-based systems, and was joined by investors Accel Partners, Mayfield Fund, INVESCO Private Capital and Sigma Partners. The investment represents Centrify’s Series D round; the company is based in California.
4 min read · 17 August 2011
