UK-based generalist investor Beringea has made a £3 million investment in anti-microbial curtains and blinds maker Disposable Curtains Limited which does business under the name All in One Medical.
Finance/Venture
Online eye exam startup Opternative gets $1M to provide glasses prescription directly from the computer
Opternative, a Chicago-based startup, bagged $1 million in seed funding from Tribeca Venture Partners and Chicago Ventures does away with the need to have an in-person eye exam, TechCrunch reported.
The Black Tux secures $2.6M in first funding round
Lerer Ventures led the first institutional funding round for tuxedo rental business The Black Tux which raised $2.6 million to offer clients cheaper yet higher quality suit and tie, TechCrunch reported.
Georgia-based Birch Equity Partners backs Tempo Telecom
Tempo Telecom, a provider of prepaid and flexible communications services, received an investment from Birch Equity Partners, a private equity firm based in Atlanta, Georgia.
Quanttus raises $19M in Series A round from Khosla Ventures and Matrix Partners
After the seed funding round led by Vinod Khosla of Khosla Ventures, wearable technologies startup Quanttus received a $19 million Series A round from Khosla Ventures and Matrix Partners.
Latest News
St. James's Place Chief Executive Officer David Bellamy said they are nearing the purchase of Asia-based Henley Group, an advisory business with £400 million under management, Reuters reported.
Mt. Gox, once the world's biggest bitcoin exchange, went dark on Tuesday, with its website down, its Tokyo office empty, and a cryptic comment from its chief executive that the business was at "a turning point."
Cybersecurity startup CounterTack based in Waltham, Massachusetts closed its Series B funding round with an additional $3 million to bring the financing total to $15 million.
Google Chairman Eric Schmidt said he will be putting money where his mouth is and donating $1 million to companies that will use technology to find solutions to global problems, TechCrunch reported.
Athenahealth Inc is rolling out an accelerator program to encourage more entrepreneurship among healthcare IT companies and help the company add to its services, Venture Capital Dispatch reported.
Dropbox has obtained an added $350 million in a Series C funding round from its existing investors and major mutual funds, TechCrunch reported citing a filing with the US Sec and a source who confirmed the fundraising.
HackerEarth, an India-based platform that matches programmers with startups looking for technical talent, received a $500,000 from Angelprime for its seed funding round, TechCrunch reported.
After years of putting young firms at the backseat, more corporations are now financing early stage startups in the technology space through accelerator programs, TechCrunch reported.
Alternative lenders are filling in the shoes of commercial banks in Europe that have reduced lending, allowing small firms to still raise funds, Bloomberg reported.
