Svelte Medical Sytems, a maker of balloon expandable stents based in New Providence, New Jersey, has obtained a $5 million equity investment from the Gary and Mary West Health Investment Fund.
Cloud-based customer relationship management platform ServiceMax secured $71 million in its latest financing round led by Meritech Capital. ServiceMax is a platform specifically focused for field technicians, VentureBeat reported.
Tempo Telecom, a provider of prepaid and flexible communications services, received an investment from Birch Equity Partners, a private equity firm based in Atlanta, Georgia.
UK-based generalist investor Beringea has made a £3 million investment in anti-microbial curtains and blinds maker Disposable Curtains Limited which does business under the name All in One Medical.
Because of its worsening economic climate, private equity and venture capital investors have reduced fundraising for Brazil by more than 70% in the past two years, the Financial Times reported.
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.
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.
InMobi has only been in business for less than a decade but it has already proven to be a worthy contender to tech giants in the mobile ad space, Voice & Data reported.
CloudPassage, a San Francisco-based cloud security provider that aims to keep the bad guys out of clouds, has raised $25.5 million for its new financing round led by Shasta Ventures, VentureBeat reported.
State-backed fund Innovation Network Corp of Japan (INCJ) entered an agreement to pick up a 20% stake in Kyoto-based robotic hand maker Squse Inc for JPY500 million ($4.9 million), according to three sources familiar with the matter.
Kaltura, an open source video platform based in New York, has bagged additional funding of $47 million in a round led by new investors and participated in by its existing backers.
New York, US-based investment management firm Blackrock raised its stake in UK-based Internet media firm Blinkx to 13% amid allegations that the latter was using adware to boost its revenues.
The Number 1 travel search engine in Russia, Aviasales, has obtained a $10 million investment from iTech Capital who will take a minority stake in the company which operates under the JetRadar brand internationally, TechCrunch reported.
Teen apparel retailer Aeropostale, which had posted losses for four straight quarters, is reportedly mulling over a capital increase from private equity investors. Should the teen apparel retailer decide to raise capital, Aeropostale may do it via a private investment in public equity (PIPE) deal.
As banks shed off their private equity units to comply with the Volcker Rule, the executives of these newly-independent firms will find themselves doing more travel in their search for new investors, The Wall Street Journal reported.