Private equity fund managers are employing approaches other than traditional buyouts so they can avoid overpaying for Western companies as competition pushes valuations higher, Reuters reported.
United States
California-based content management firm ZEFR pockets $30M in Series D financing
Venice, US-based brand and content management software maker ZEFR pocketed $30 million in a Series D financing round led by Institutional Venture Partners (IVP) for its international expansion and product development.
San Francisco-based d.light closes Series C round with $11M
For-profit social enterprise d.light obtained $11 million for its Series C funding round participated in by DFJ, Omidyar Network, Nexus India Capital, Gray Ghost Ventures, Acumen Fund and Garage Technology Ventures.
Workboard gets $2.75M in Series A round
For its first institutional funding round, Palo Alto, California-based Workboard Inc secured $2.75 million. The round was led by Granite Ventures and Opus Capital and joined in by Crosslink and Shea Ventures, VentureBeat reported.
Spree Commerce grabs $5M in Series A round led by Thrive Capital
Spree Commerce, a maker of open source software that enables online retailers to build their own online storefronts, grabbed $5 million in its Series B round, VentureBeat reported.
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Menlo Park, US-based fitness startup GOQii is helping people stay motivated with their healthy endeavors by combining its fitness wristband with human coaches who will provide advice and help them set their health objectives.
Northwest Biotherapeutics, a company backed by venture capitalist Linda Powers, seeks to develop therapies for brain cancer and other tumors after nearly closing its doors a decade ago, Reuters reported.
Iowa, US-based iOS app Bawte helps its users organize and keep track of all their belongings by creating a catalog that sends reminders about warranty expiry and helps them take care of broken items through its free in-app live customer support service.
U.S. District Judge Jeffrey White dismissed the lawsuit filed against San Francisco, California-based social game maker Zynga in which shareholders accused the company of lying about its financial status before it went public.
Bayside Capital, an affiliate of private equity firm H.I.G. Capital, has bought the Hilton Hotel in London Docklands from Pandox AB for an undisclosed price.
A high profile global wealth and asset management firm in Western Europe spent $4 million to acquire the licenses and related services for Kofax TotalAgility 7.0 and Kofax Analytics, which are products created by California, US-based business software firm Kofax Ltd.
If You Can Company, a startup that created a game that teaches social and emotional learning to children, has raised $6.5 million for its Series A round ed by Greylock Partners, TechCrunch reported.
Cambridge, Massachusetts-based database firm NuoDB landed $14.2 million in a Series C funding round led by European software firm Dassault Systemes to beef up its sales and marketing teams.
Texas-based medical imaging firm Seno Medical Instruments Inc secured $34.6 million of its $39 million Series C equity funding round led by MedCare Investment Funds.
