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MyOptique secures another £16mThe new funding round follows the release of data showing that UK venture posted an average one-year IRR of 22.9% in 2013.
- MyOptique Group completes funding round
European online optical retailer MyOptique Group has secured additional investment for its Series C round. The backing came from two new investors - Korys and Beringea with additional funding from existing investor Cipio Partners and Silicon Valley Bank.
First quarter VC roundup - Clio’s $20 mln Series C caps solid start to the yearThe $20 million Series C financing of Clio capped a solid start to Canadian venture capital deal-making in 2014. In an interview with peHUB Canada, the startup's co-founder and CEO Jack Newton explains why the Vancouver-based provider of cloud-based tools to the legal industry is gaining traction in the marketplace. At the same time, Canadian life sciences companies have taken an especially large share of venture cash since January, suggesting that investment activity in the sector may be staging a comeback after a quiet 2013.
- First quarter VC roundup - Clio’s $20 mln Series C caps solid start to the year
The $20 million Series C financing of Clio capped a solid start to Canadian venture capital deal-making in 2014. In an interview with peHUB Canada, the startup's co-founder and CEO Jack Newton explains why the Vancouver-based provider of cloud-based tools to the legal industry is gaining traction in the marketplace. At the same time, Canadian life sciences companies have taken an especially large share of venture cash since January, suggesting that investment activity in the sector may be staging a comeback after a quiet 2013.
Top VC deals done in Canada in first quarterCanada’s Venture Capital and Private Equity Association and research partner Thomson Reuters will in May publish their full report on Canadian venture capital deal-making in the first quarter of 2014. In the meantime, peHUB Canada has compiled an early list of some of the top disclosed financings completed since January.
- Top VC deals done in Canada in first quarter
Canada’s Venture Capital and Private Equity Association and research partner Thomson Reuters will in May publish their full report on Canadian venture capital deal-making in the first quarter of 2014. In the meantime, peHUB Canada has compiled an early list of some of the top disclosed financings completed since January.
Clio raises $20 mln Series C round led by Bessemer Venture PartnersClio, a specialist in cloud-based management tools for the legal industry, has secured $20 million in a Series C financing round led by U.S. venture capital firm Bessemer Venture Partners. Existing investors Acton Capital Partners and Point Nine Capital joined in the round, as did Canadian firm Version One Ventures, which is investing in Clio for the first time. The deal brings total venture capital raised by the Vancouver-based company to $27 million. Clio said that the new funding will be used to accelerate product development and sales and fuel global expansion over the next 12 months. Founded in 2009, the company has legal professionals in 50 countries using its service.
- Clio nets $20 mln Series C funds
Clio has closed $20 million in Series C financing. Bessemer Venture Partners led the round with participation from Acton Capital Partners, Point Nine Capital and Version One Ventures. According to the company, the capital will be used for product development and international expansion. Based in Vancouver, British Columbia, Clio is a cloud-based practice management platform for the legal sector.
- Clio nets $20 mln Series C funds
Clio has closed $20 million in Series C financing. Bessemer Venture Partners led the round with participation from Acton Capital Partners, Point Nine Capital and Version One Ventures. According to the company, the capital will be used for product development and international expansion. Based in Vancouver, British Columbia, Clio is a cloud-based practice management platform for the legal sector.
European news briefs, compiled for March 2014Church of England still owns a stake in Wonga, while Europe’s ed-tech enterpreneurs are finding support in Spain