Texas, US-based private equity firm Rock Hill Capital Group invested an undisclosed amount in Oklahoma City-based firm Park Energy Services LLC to support its vision of growth and expansion.
Finance/Venture
Google Ventures led $4M Series A funding round for cybersecurity startup ThreatStream
Cybersecurity startup ThreatStream has secured $4 million in a Series A funding round led by Google Ventures and participated in by Paladin Capital Group, Cloudera's Tom Reilley and Hugh Nijemanze of ArcSight, TechCrunch reported.
Russia-based Renaissance Capital Holdings Ltd appoints Robert Lamprecht as CEO of South Africa
Robert Lamprecht has been named as the South Africa Chief Executive Officer of Renaissance Capital Holdings, a Russia-based investment bank. He replaces Clifford Sacks who now serves as the firm's South Africa Chairman, Bloomberg reported.
Triangle Capital invests $14.8M in Illinois firm Justrite Manufacturing
North Carolina, US-based lower middle market capital provider Triangle Capital Corporation invested $14.8 million in Des Plaines, Illinois-based environmental protection and hazardous waste handling firm Justrite Manufacturing Company LLC.
CloudLock to debut new encryption product in 2014 RSA Conference
CloudLock, a cloud security startup that has already raised $28.2 million so far, will be launching CloudLock Selective Encryption at the 2014 RSA Conference in San Francisco next week, TechCrunch reported.
Latest News
Even if venture capital invested a quarter of a billion euros in Ireland-based firms last year, the Irish fundraising market is already slowing, the Irish Examiner reported.
Backed with a $20,000 convertible note from Atlanta Capital, Yik Yak is an anonymous messaging app that allows college students to share their gripes to other users within a five-mile radius, TechCrunch reported.
From the viewpoint of venture capital, the real victors of the recently-announced acquisition of WhatsApp by Facebook are Sequoia Capital and Partner Jim Goetz, TechCrunch reported.
China-based Fosun International Ltd is the most likely acquirer of Forbes Media Llc but will be paying less than $250 million for the money management magazine, according to sources interviewed by The Deal Pipeline.
The emergence of cryptocurrencies, especially Bitcoin, has raised many to speculate whether the concept of a global digital currency is inevitable in today's society. Andrew Filipowski, founder and former CEO of PLATINUM technology, inc and current Chairman & CEO of SilkRoad Equity, believes that the value and promise of Bitcoin can completely revolutionize the global economy and has the inevitable potential to bypass banks altogether.
Weight loss app MyFitnessPal has acquired Sessions, a Rock Health-backed startup that has developed an app that connects individuals with fitness experts who encourage accountability in their workouts, VentureBeat reported.
Robocoin will be opening the first Bitcoin ATM in the US at the HandleBar tavern located in Austin, Texas. The machine will be operational starting Thursday, February 20 at 2 PM, TechCrunch reported.
Cloud-based payroll application provider ZenPayroll obtained $20 million from General Catalyst Partners and Kleiner Perkins Caufield & Byers for its Series A round, TechCrunch reported.
K-12 learning analytics company Renaissance Learning secured a $40 million investment from Google Capital, the investment arm of search giant Google that concentrates on late-stage deals, TechCrunch reported.
