MKTG INC and angel investors provided USD 1.7 in investment capital to Bonfyre, an application that enables brands and organizations to link with their audiences via private, experience-based micro social networks.
Institutional investors
Mojave Networks snags USD5 million for mobile security
California-based mobile security firm Mojave Networks raised USD5 million in a funding round led by Bessemer Venture Partners, to be used for its expansion and marketing efforts.
Private equity firms Forum Synergies and Axon Capital pick up stake at Justeat.in
Two private equity firms, Axon Capital and Forum Synergies, together bought a minority stake in Bangalore-based online food ordering portal Justeat.in for an undisclosed amount.
OneWest Bank intends to pay USD 1 billion dividend to investors ahead of IPO- sources
OneWest Bank is planning a dividend payout of USD 1 billion to its investors before it holds an initial public offering next year, according to sources who have knowledge of the matter.
La Caisse, BMO Capital Partners invest USD 20 million in Novacap's Nautilus Plus
Institutional fund manager La Caisse de dépôt et placement du Québec and investment firm BMO Capital Partners invested USD 20 million in Nautilus Plus, a Quebec-based fitness center chain owned by Novacap.
Latest News
Investment firms Ardian and Consilium SGR exited Rollon Group to Chequers Capital and IGI SGR for an undisclosed amount. Rollon is a maker of linear rails and actuators based in Italy.
Acumatica, cloud-based Enterprise Resource Planning solutions provider based in Kirkland, Washington, raised USD 10 million for its Series C funding round led by Runa Capital and Almaz Capital.
The following bids, mergers, acquisitions and disposals were reported on Monday including Forbes, Axel Springer, MidCap Financial LLC, Goldman Sachs and others.
Compass-EOS on Monday announced that it has raised USD42 million from its latest funding round. Top-tiered investors including global venture capital funds, service providers and network suppliers have participated in the round.
Finland-based retail analytics company Walkbase landed a EUR3 million in its Series A funding round. The round was led by SBT Venture Capital in London and Olli-Pekka Kallasvuo, Nokia's former CEO.
Canadian private equity firm Fairfax Holdings Ltd. said that it would acquire a controlling stake in Keg Restaurants Ltd. Keg president and chief executive officer David Aisenstat will retain a minority stake of 49%.
Brussels-based biotechnology company IBA concluded the sale of its drug discovery business unit to private equity firm Argos Soditic. IBA raised EUR25 million from the sale of Cisbio Bioassays.
An analyst said that the involvement of Bitcoin in the Silk Road online marketplace scandal provided enough boost for the digital currency to receive support from the market, and even US government agencies, as an accepted investment and payment technology solution.
A Reuters report cautioned the risks involved in investing in activist funds like Pershing Square Capital Management because just as it can earn high returns, it could also result to massive losses.
