Private Equity
3 min read · 11 May 2011
Thoma Bravo has agreed to buy Tripwire, a Portland provider of audit software for businesses and government agencies. Financial terms weren't announced. Original investors include Advanced Technology Ventures, Bessemer Venture Partners, BA Ventures and Institutional Venture Partners. JP Morgan provided financial advice to Tripwire.
3 min read · 11 May 2011
Tabbedout has received $3.7 million in additional funding from New Enterprise Associates, which completes the company's Series A round at $5.75 million. Tabbedout's total financing comes to $6.5 million from investors including NEA, Trellis Partners and angel investors. Austin-based Tabbedout lets users pay their bar and restaurant tab using a smartphone.
3 min read · 09 May 2011
Row Sham Bow has raised $3 million in funding from Intersouth Partners. Orlando, Fla.-based Row Sham Bow creates games for social networks. John Glushik of Intersouth will join the company's board.
2 min read · 09 May 2011
Cobalt Technologies said it closed a $20 million Series D funding round led by The Whittemore Collection Ltd., the investment vehicle of Parsons & Whittemore. All of Cobalt's current venture investors participated including Pinnacle Ventures, Malaysian Life Sciences Capital Fund, VantagePoint Capital Partners, Life Sciences Partners (LSP), @Ventures, Harris & Harris and Burrill and Co.
3 min read · 02 May 2011
Meritech Capital Partners said Wednesday that it has closed its latest fund at $425 million. Meritech Capital Partners IV will target four sectors: Internet and Digital Media, Communications and Wireless, Enterprise IT and Medical Devices. Meritech's last fund, MCP III, raised $400 million. Palo Alto, Calif.-based Meritech is a late-stage VC firm.
3 min read · 27 April 2011
3 min read · 25 April 2011
Avatar Ventures said Monday that it has closed a $500,000 fully subscribed private placement. The deal includes an up to $3 million financing commitment from a non-U.S. corporation. Avatar Ventures develops aftermarket electronic accessories and software for consumer products.
3 min read · 25 April 2011
Want to catch up on the slideshows that your colleagues found most interesting on peHUB last week? Here are the top 5 that garnered the most pageviews from our regular readers from April 18 to April 22. No. 1 Slideshow: Inside Look at Kleiner’s 30 Deals for Q1 No. 2 Slideshow: Top Ten Most Active VCs for Q1; Brand Names Boost Deal Making No. 3 Slideshow: Legends Of PE Share Greatest Misses No. 4 Slideshow: Top 10 VC-Backed Acquisitions for Q1 No. 5 Slideshow: Old School Semiconductor Investing Sees Big Rise in First Quarter
1 min read · 25 April 2011
Greycroft Partners said Monday that it has added three senior executives. Paul Bricault, a former EVP of the William Morris Agency, has joined as a venture partner in Los Angeles. Kirill Sheynkman, the CEO of three enterprise software start-ups on the West Coast including Elastra, is joining Greycroft as a venture partner in New York. And, Alan Gould, who founded IAG, is an executive in residence at Greycroft's New York office. Also, Marissa Campise was promoted to principal of Greycroft.
2 min read · 25 April 2011