American Family Insurance leads B round in Shoutlet, and is joined by venture capital firms Origin Ventures and Leo Capital as repeat investors.
Month: December 2010
Zynga continues winning deal game
Newtoy becomes Zynga With Friends Studio after social gaming group’s acquisition.
Sagent preps Nasdaq flotation
Morgan Stanley owns 20.8% of Sagent and will co-lead its flotation.
Juniper aligns planets for Altor deal
Juniper will pay $95m in cash for Altor Networks, net of the shares it already owns in the provider of security services to online and physical computer systems.
Legend prepares for next fundraisings
Newswire Reuters said Legend Capital would raised funds of at least RMB1bn ($150m) and $350m and invest in government-supported sectors, such as telecommunications, green energy and pharmaceuticals.
New World promised for FleetMatics
Investcorp Technology Partners, a Dubai-based private equity firm, owns a majority of FleetMatics, which previously raised $25m in August 2008 and has now closed on a further $68m.
Fluidigm turns valve on Nasdaq listing
Eight institutional shareholders hold more than 5% of Fluidigm ahead of its Nasdaq flotation.
Apollo sees way with Lighthouse
Apollo will invest $75m in Lighthouse’s parent, HFA, through a convertible debt security.
Goldberg joins AdaptiveBlue board
Allison Goldberg, vice president of Time Warner Investments, joins AdaptiveBlue’s board after $6m series C round.
ESB finds extra strength in Bioflame
Ireland-based utility ESB’s corporate venturing fund has invested $7m in Bioflame.
Accenture partners with financial incubator
The FinTech Innovation Lab backed by consultants Accenture will pick six entrepreneurs after the competition closes at the end of January.
Intel-backed PacketMotion gathers $2.7m
Venture capital (VC) firm Athenian Venture Partners joined the consortium investing in PacketMotion’s C round to bring its total to $8.4m.
IA Ventures raises $50m fund
News provider Fortune said former hedge fund manager Roger Ehrenberg had raised $50m for IA Ventures.
Philips holds on to a fifth of Assembleon
Royal Philips Electronics, a Netherlands-based conglomerate, will retain a fifth of its former subsidiary Assembléon after its leveraged buyout by local private equity firm H2 Equity Partners. Philips set up Assembléon in the early 1980s to make equipment to place electronic components together. H2 specialises in turnround companies or those in growth sectors that can… Continue reading Philips holds on to a fifth of Assembleon