Spartoo, a French online shoe retailer backed by Highland Capital Partners and Endeavor Vision, has hired Jefferies to help it raise 100 million euro ($143.7 million), Reuters reported Friday. Formed in 2006, the company would use the funding to expand. Reuters cited sources placing the company’s value at between 200 million and 250 million euro. Spartoo is also backed by CMC-CIC Capital Prive and Aplus Finance.
2 min read · 22 July 2011
Los Angeles-based gaming company Diversion Inc. has closed a “Series B strategic funding round” and inked a $1 million advertising deal with Sony Pictures. The company created social games including FameTown and The A-List, and is backed by investors including TomorrowVentures; Hearst Corp.; and the Tornante Company, which is backed by Michael Eisner. Individual investors Marcy Carsey, a producer of The Cosby Show and That 70’s Show, and venture investor Art Bilger also joined in the round.
2 min read · 22 July 2011
Online video and marketing company PixelFish has grabbed $4 million in fresh capital, in a round led by Bullpen Capital. Existing shareholders Floodgate and Mack Capital, along with new investors Tomorrow Ventures, 500 Startups and Western Tech also joined in the round. Calif.-based PixelFish will use the money to continue development and to bolstering its sales and marketing efforts.
3 min read · 22 July 2011
3 min read · 21 July 2011
Governing Dynamics Venture Capital and individual angel investors have put $500,000 into Dubset.com, a start-up that allows users to stream exclusive DJ music mixes. Dubset is based in New York.
2 min read · 21 July 2011
Trident Capital has poured $16.8 million into BlueCat Networks, a maker of IP Address Management, DNS and DHCP technology. The money will help the company expand its sales and engineering teams. Trident Capital managing director J. Alberto Yepez joins the BlueCat board.
3 min read · 21 July 2011
Pittsburgh-based Aquion Energy has closed on $20 million of a proposed $29.9 million financing round, according to a filing with the Securities & Exchange Commission. The company, formed in 2008, develops stationary energy storage technology.
1 min read · 21 July 2011
Nearbuy Systems has raised $1 million from Motorola Solutions Venture Capital, Eric Schmidt's Innovation Endeavors and Metamorphic Ventures. The company, which makes indoor “mico-location” marketing software, will use the money for continued development of its system, and to get the technology into retail stores. Nearbuy is based in Menlo Park, Calif.
2 min read · 21 July 2011
Twitter is near to closing an $800 million two-tranche funding deal that values the company at $8 billion, Reuters reported Thursday, citing the website All Things D. The deal would include a $400 million investment in Twitter and $400 million aimed at cashing out existing investors and employees. It is unclear which investors will supply the new capital.
2 min read · 21 July 2011
Menlo Park, Calif.-based Nevro Corp., a neuromodulation company focused on relief of chronic pain, has sealed a whopping $58 million round led by new investor Johnson & Johnson Development Corporation. Existing shareholders Aberdare Ventures, Accuitive Medical Ventures, Bay City Capital, Mayo Clinic, MPM Capital and Three Arch Partners also participated. The money will go toward a clinical study in the US and to support the company’s commercialization strategy.
2 min read · 20 July 2011
