Dublin, 17th June 2009.- eRepublik Labs announced today that it has raised €2 million in a series A round from AGF Private Equity, after a seed round of €200,000 in 2007 and an angel round of €550,000 in 2008. The additional funds will serve to fulfill the product road map devised for the company’s first [...]
Taomee, the producer of China’s largest virtual community for children “51mole,” recently announced that it has received a US$5 million investment from leading venture capital firm Qiming Venture Partners. This is the largest investment in children’s internet sector in China.
Taomee was established in October 2007 by Benson Wang, Roc Cheng, and Crow Wei. [...]
MENLO PARK, Calif., June 16, 2009– Bridgescale Partners (www.bridgescale.com), California-based growth equity firm providing expansion capital to later-stage technology companies, is expanding its focus and operations to include the Eastern United States and Canada. As part of this growth, Bridgescale Partners will open an office in Toronto in the summer of 2009 and is vigorously [...]
LOS ANGELES, June 15, 2009– Platinum Equity today announced it has completed the acquisition of the wire harness and electrical distribution business of Alcoa (NYSE:AA ). Financial terms of the acquisition were not disclosed. The transaction was first announced on April 30.
The wire harness and electrical distribution business is the largest piece of Alcoa’s [...]
New Company Formed by Leading Newspaper Executive and Maine Native Richard Connor and HM Capital Partners
PORTLAND, Maine, June 15, 2009– MaineToday Media, Inc., a new company formed by Richard L. Connor, a leading newspaper executive, and HM Capital Partners LLC, a leading Dallas-based, sector-focused private equity firm, today announced that it has acquired certain news [...]
