Private Equity
Broadridge Financial Solutions Inc. (NYSE: BR) has agreed to acquire NewRiver Inc., an Andover, Mass.-based provider of electronic investor disclosure solutions. The deal is valued at $77 million. NewRiver shareholders include Lazard Technology Partners, FirstMark Capital and Ironside Ventures.
3 min read · 18 August 2010
Quick Heal Technologies, an Indian provider of computer security software, has raised nearly $13 million from Sequoia Capital India.
3 min read · 18 August 2010
1 min read · 18 August 2010
Infinite Power Solutions Inc., a Littleton, Colo.-based maker of thin-film batteries, has raised $20 million in Series C funding. The company previously raised over $48 million. Generation Investment Management was joined by return backers D. E. Shaw Ventures, Polaris Venture Partners, Core Capital Partners and Applied Ventures.
5 min read · 17 August 2010
Precise Path Robotics, an Indianapolis-based maker of mobile robotic outdoor equipment, has raised $4.5 million in new VC funding. Backers include golf industry exec Charlie Staples.
3 min read · 17 August 2010
Blade Dynamics Ltd., a UK-based maker of wind turbine blades, has raised an undisclosed amount of VC funding from Dow Ventures. It also sold a 25% ownership stake to American Semiconductor Corp. No financial terms of either investment were disclosed.
7 min read · 17 August 2010
C7 Data Centers Inc., a Salt Lake City-based provider of colocation, disaster recovery, and virtualization solutions, has raised $9 million in new equity and debt funding. Canopy Ventures led the overall round, with Zions First National Bank providing the debt.
2 min read · 17 August 2010
IGA Worldwide, a New York-based in-game advertising network, has raised "a significant investment round" led by T-Venture Funds. Return backers included Kreos Capital and Easton Capital. The company previously raised over $45 million from Kreos, Easton, Translink Capital, Presidio STX, ITOCHU Corp., Peacock Equity, KTB Ventures, Morgenthaler Ventures, Intel Capital and DN Capital.
3 min read · 17 August 2010
HP has agreed to buy Fortify Software Inc., a San Mateo, Calif.-based software security assurance company. No financial terms were disclosed. Fortify software had raised VC funding from DAG Ventures, Sigma Partners and Kleiner Perkins Caufield & Byers.
3 min read · 17 August 2010
Storage Appliance Corp. (a.k.a. Clickfree), a Toronto-based provider of automatic backup software, has raised US$15 million in Series C funding from Tandem Expansion Fund. The company has now raised over $30 million, including a $10 million Series B round led by Jefferson Partners.
3 min read · 17 August 2010
