Fung Capital has acquired all non-management shares of ecVision, an Iselin, N.J.-based provider of supply chain management software. No financial terms were disclosed. EcVision raised around $20 million in VC funding between 1999 and 2000, from firms like GIC, Walden International, Morgan Stanley Private Equity and JPMorgan Capital.
3 min read · 25 June 2009
Escapia Inc., a Seattle-based provider of online management and marketing solutions for vacation rental managers, has raised $1.6 million. Return backers include Steven D. Murch, Buerk Dale Victor and Atlas Accelerator.
3 min read · 25 June 2009
Clear2Pay, a Brussels-based provider of payment solutions for financial institutions, has opened a Beijing subisidiary via the acquisition of ETH Tech Ltd. No financial terms were disclosed. Clear2Pay has raised over $50 million in VC funding from firms like AGF Management, IRIS Capital, Big Bang Ventures, GIMV and Trust Capital.
3 min read · 25 June 2009
Yayi International Inc. (OTC BB: YYIN), a provider of goat milk formula products in China, has raised $15 million via a PIPE transaction with SAIF Partners.
3 min read · 25 June 2009
ClickFuel Inc., a Boston-based provider of online marketing services to SMEs, has raised $2.5 million in Series A funding led by Baird Venture Partners. The company is run by former Monster executive Steve Pogorzelski.
3 min read · 25 June 2009
Yapta, a Seattle-based business that allows users to track airline ticket prices, has raised $2 million in Series B funding. Voyager Capital led the round, and was joined by fellow return backers Bay Partners, First Round Capital, Swiftsure Capital and W Media Ventures. It has now raised $7.7 million.
4 min read · 25 June 2009
1 min read · 25 June 2009
Scott Beardsley and Michael Shalmi have been named Copenhagen-based senior partners with Novo Growth Equity, a new Novo AS affiliate that is expecting to invest $200 million per year (first deal to come in six months). Beardsley previously ran JPMorgan's West Coast pharma practice out of San Francisco, while Shalmi was in New York as corporate VP of global development and clinical operations. Christina Sylvester-Hvid has also joined Novo Growth Equity as a principal, after having been a partner with Wiborg Biotech Consulting.
3 min read · 25 June 2009
Nokeena Networks, a Menlo Park, Calif.-based provider of video delivery infrastructure solutions, has raised $6.5 million in second-round funding. Mayfield Fund led the round, and was joined by undisclosed strategic investors and return backers Clearstone Venture Partners and Trinity Ventures. It previously raised $8.7 million.
3 min read · 25 June 2009
3 min read · 25 June 2009
