Let's catch up with the latest innovation news in Texas. --TeVido, an Austin biotech, has raised $1.2 million to help fund a new facility in which the company can use a patient's own cells to create personalized pigment cell grafts to treat vitiligo, a loss of skin color that affects about 1 percent of the [...]
Netrounds Raises Series A Investment Round Led By Swisscom Ventures And A New Nordic Technology Fund
Along with the addition of industry experts to the Netrounds board, this round will help expand global sales operations, strengthening key talent acquisition, and continued solution innovation. STOCKHOLM, January 17, 2019-- Netrounds, the leading provider of software-based active testing, monitoring and automated troubleshooting solutions for communications service providers and global enterprises, today announced that it has raised a Series A investment round led by Swisscom Ventures, the venture capital arm of Switzerland's leading telecommunications and IT company, Swisscom Group, and a new Nordic technology investment fund which is expected to be disclosed and announced at the end of Q1, 2019.
Egis Capital Partners and ABS Capital Partners have taken a majority interest in ClearObject, which has ranked among central Indiana's fast-growing firms for several years.
Business leaders have warned, as the U.S. renews allegations of trade theft against Huawei Technologies and lawmakers move to ban chip sales to key Chinese companies.
Consumer Health Tech Company Ciitizen(tm) Raises $17M In Series A Financing To Accelerate Data Platform Development And Commercialization
Consumer Health Tech Company Ciitizen(tm) Raises $17M in Series A Financing to Accelerate Data Platform Development and Commercialization REDWOOD CITY, Calif., January 16, 2019-- Ciitizen, a consumer health tech company working to build the leading platform that helps patients collect, organize, and share their medical records digitally, has closed $17M in new funding in a round led by Andreessen Horowitz and included Section 32 and Verily. The company will use the proceeds to accelerate platform development and expand commercial operations.
After acquiring 30.58% stake from the promoters, Baring PE Asia plans to merge NIIT Technologies with Hexaware Technologies. : Baring Private Equity Asia may acquire NIIT Technologies in a deal that may value the latter at Rs 8,000-10,000 crore, according to a report by Mint. The private equity firm will first acquire 30.58 percent stake held by NIIT Technologies' promoters, the report suggests. As of December 31, 2018, NIIT held 23.58 percent stake and Rajendra Singh Pawar (trustee of Pawar family trust) and Vijay Kumar Thadani (trustee of Thadani family trust) owned 3.53 percent stake each.
ATLANTA, January 16, 2019-- Resurgens Technology Partners ("Resurgens"), an Atlanta-based private equity firm focused on investing in North American-based, lower middle-market software and tech-enabled services businesses, announced the closing of its flagship fund at over $200 million in total commitments, in excess of its target. The fund's limited partners include endowments, foundations, global asset managers, financial institutions and state and national pension plans. Founded by Fred Sturgis, John Baumstark and Adi Filipovic, Resurgens focuses its investment strategy on "micro-tech" buyouts, targeting niche-focused, profitable enterprise technology companies.
ATLANTA--(BUSINESS WIRE)--Resurgens Technology Partners ("Resurgens"), an Atlanta-based private equity firm focused on investing in North American-based, lower middle-market software and tech-enabled services businesses, announced the closing of its flagship fund at over $200 million in total commitments, in excess of its target. The fund's limited partners include endowments, foundations, global asset managers, financial institutions and state and national pension plans. Founded by Fred Sturgi.
Bain Capital Private Equity has acquired a majority stake in digital technology consulting and solutions company Brilli. : Bain Capital Private Equity has acquired a majority stake in digital technology consulting and solutions company Brillio that primarily serves the North American and European markets and has a 1,500-plus strong team spread across seven countries in three continents. Brillio will continue to be led by the current management team headed by chief executive Raj Mamodia. The firm did not disclose any details about the stake that Bain has acquired or the amount for which it was bought.
Private Equity Firm Furthers Robust Portfolio Growth With Significant Technology Investments Through NRD Tech Ventures ATLANTA, January 15, 2019-- NRD Capital, a private equity firm headquartered in Atlanta, is pleased to announce the establishment of NRD Tech Ventures, a subsidiary of the broader investment fund. NRD Tech Ventures focuses on investing in early to mid-stage technology companies serving the restaurant, hospitality, franchise, and healthcare industries. The core mission of the technology fund is to partner with companies using innovative technologies to drive significant revenue and margin improvement at the unit and enterprise level.