Skyview Capital

Skyview Capital, a Los Angeles-based private investment firm, has launched Skyview Ventures to invest in startups in Southern California. The targeted sectors include digital media, internet of things, augmented and virtual reality, health tech and fintech.

Skyview Capital has sold Syncplicity to Axway. No financial terms were disclosed. Silicon Valley-based Syncplicity is a provider of secure file-sharing and collaboration solutions.

NewNet Communication Technologies, a portfolio company of Skyview Capital, has agreed to sell its RCS business to Samsung. The RCS business provides rich communication services infrastructure and services to mobile operators. No financial terms were disclosed.

Skyview Capital has acquired VMware's vRealize business enterprise and IT benchmarking business. No financial terms were disclosed. To support and grow this new acquisition, Skyview has formed Digital Fuel SV LLC.

Skyview Capital has agreed to acquire Syncplicity from EMC. No financial terms were disclosed. Syncplicity is an online file-sharing and mobile collaboration solutions provider. EMC will retain a stake in Syncplicity.

U.S. private equity firm Skyview Capital, through its portfolio company NewNet Communication Technologies LLC, has bought NewPace Technology Development Inc, a Halifax, Nova Scotia-based provider of mobile and wireline telecom software for global carriers. The financial details of the transaction were not disclosed. NewNet said the acquisition will enable the company to provide enhanced messaging solutions and expand its development initiatives. The Arlington Heights, Illinois-based NewNet, a mobile technologies platform, was acquired by Skyview in 2007.

LA-based investment firm Skyview Capital has closed its sale of Headsprout to Learning A-Z. No financial terms were disclosed. Headsprout is a provider of instructional software.

Newell Rubbermaid has sold its Teach platform, including the Mimio® and Headsprout® interactive teaching technology brands, to Skyview Capital. Terms were not disclosed.

HopSkipDrive, a ride service for children, has secured $7.4 million in funding, according to a blog post https://www.hopskipdrive.com/blog/strategic-investment on its site. The investors included FirstMark Capital, Upfront Ventures, Skyview Capital and Halogen Ventures.

Irvine, California-based Buy It Installed Inc, an automated provider of installation services, has raised an undisclosed amount of Series A funding. The investors included Skyview Ventures, Tech Coast Angels and the ACE Fund.

Samsung Electronics Canada Inc has bought NewNet Communication Technologies (Canada) Inc, which operates the rich communications services (RCS) business of NewNet Communication Technologies BV. No financial terms were disclosed. Halifax-based NewNet Canada will continue to operate independently as a Samsung subsidiary, helping its parent to accelerate the deployment of RCS-enabled networks. Lombard, Illinois-based NewNet, a telecommunications solutions provider, is backed by U.S. private equity firm Skyview Capital.

Random Ramblings…

Random Ramblings…

48,000 and Counting…

48,000 and Counting…