NVM Private Equity has invested £7 million for the management buyout of No. 1 Traveller, an airport hospitality specialist, a statement about the funding said.
Deals
Follow on investment brings UK-based Invenias' Series A round to $2M
With follow-on investment led by MMC Ventures, the Series A round for UK-based Invenias has now secured $2 million from the $1.5 million it raised in July, TechCrunch reported.
SaaS firm Heyo closes Series A round with $2M
Heyo, software-as-a-service firm that provides a social media marketing tool for small businesses, has raised $2 million for its Series A round, a statement about the funding said.
New York's Reonomy nabs $3.7M in Series A funding to simplify commercial real estate property research
New York, US-based commercial real estate (CRE) property research platform Reonomy nabbed $3.7 million in its Series A funding round led by SoftBank to simplify the process of gathering CRE data.
ITS Compliance receives $5.75M investment from First Analysis and Argentum
ITS Compliance Inc raised $5.75 million in funding from private equity growth investor First Analysis and its long-time partner Argentum, a statement about the funding said.
Latest News
After its recent purchases of Motorola Mobility and IBM's server business, Chinese personal computer (PC) maker Lenovo said that it will continue its string of acquisitions to drive its growth.
Blackford Capital, a Michigan-based private equity firm, has acquired Grand Transformers Inc or GTI. Financial details about the transaction were not disclosed in the statement about the funding.
Private equity-backed Netchemia, which provides cloud-based talent management software solutions, has acquired online recruiting and application management company SchoolSpring for an undisclosed amount, VentureBeat reported.
Bedford, US-based SQL database startup VoltDB raised $8 million in a Series B funding round led by an unnamed investor from Silicon Valley to scale databases both up and out.
San Francisco, US-based cloud storage giant Dropbox acquired Cambridge, Massachusetts-based stealthy workplace chat solution Zulip for an undisclosed amount to integrate its services into its product offering.
Bangalore, India-based online jewelry retailer BlueStone bagged $10 million in its Series B funding round led by venture capital firm Kalaari Capital to beef up its marketing and branding campaigns.
Thousand Oaks, US-based agricultural biotechnology seed firm Ceres Inc got $23 million from a recent public offering of common stock to be used for its operations and other corporate purposes.
Seed accelerator Joyful Frog Digital Incubator or JFDI.Asia was able to secure$2.1 in new funding led by Infocomm Investments and participated in by SpinUp Partners and Fenox, TechCrunch reported.
Star Scientific Inc, a dietary supplements maker based in Henrico County, US, secured $9.3 million through equity and funding deals from its investors as it struggles to achieve profitability and conquer liquidity problems.
