Zayo Group, a Louisville, Colo.-based regional provider of fiber-based network services, has agreed to buy AGL Networks, a provider of bandwidth infrastructure services in Georgia, Arizona, and North Carolina, from AGL Resources (NYSE: AGL). No financial terms were disclosed. Zayo has raised over $350 million in private funding from firms that include Battery Ventures, Centennial Ventures, Charlesbank Capital Partners, Columbia Capital, M/C Venture Partners, Morgan Stanley AIP and Oak Investment Partners.
2 min read · 25 March 2010
Vibes Media LLC, a Chicago-based mobile marketing company, has acquired Zeep Mobile, a self-service mobile advertising company. No financial terms were disclosed. Vibes Media has raised $15 million from Volition Capital (fka Fidelity Ventures).
3 min read · 25 March 2010
1 min read · 25 March 2010
Avatar Reality, a Honolulu-based maker of the MMO virtual world platform Blue Mars, has raised $4.2 million in new VC funding from backers like Henk Rogers and Kolohala Ventures. The company now has raised $13 million in total VC funding.
3 min read · 25 March 2010
C$ cMoney Inc., a Houston-based mobile payment startup, has raised $15 million in funding from Kodiak Capital Group.
2 min read · 25 March 2010
Genomatica, a San Diego-based sustainable chemicals company, has raised $15 million in a first close of its Series C funding round. TPG Biotech led the round, and was joined by return backers Mohr Davidow Ventures, Alloy Ventures and Draper Fisher Jurvetson. The company previously raised around $20 million.
4 min read · 25 March 2010
Deutsche Telekom has acquired all remaining shares in ClickandBuy, a European digital payments platform and e-payments system. Deutsche Telekom already held a 20.2% stake via its venture capital subsidiary. Other ClickandBuy investors included Intel Capital.
2 min read · 25 March 2010
Allocade Inc., a Mountain View, Calif.-based provider of patient flow logistics software for hospitals, has raised $5 million in VC funding from VantagePoint Venture Partners.
3 min read · 25 March 2010
1 min read · 24 March 2010
Minicom Advanced Systems of Jerusalem has spun out its digital signage division via a $6 million VC funding round. Jerusalem Venture Partners led the transaction, and was joined by Aviv Ventures.
3 min read · 24 March 2010
