Software Solutions

Lysanda, a leading vehicle technology developer, has closed on the first tranche of a GBP10 million expansion plan from a syndicate of investors including Disruptive Capital Finance and the Truell brothers Danny and Edmund. »

Pamlico Capital has made a USD28 million equity investment in T2 Systems, Inc. T2, founded in 1994, is a rapidly growing provider of unified SaaS (Software as a Service) parking management solutions in the US and Canada. »

Janrain, the leading provider of social identity management solutions for businesses, thas closed USD15.5 million in financing. Emergence Capital Partners led the round, and is joined by previous investors Anthem Venture Partners, DFJ Frontier, RPM Ventures, Tim Draper, and founder Larry Drebes with participation from Square 1 Bank. »

LLR Partners (LLR) has made a USD24 million investment in VectorLearning, a leading online continuing education platform, to support the Company’s continued growth and acquisitions. The investment in VectorLearning, which operates under the brands RedVector and Care2Learn, is LLR’s second education investment within the past 12 months and its fourth overall. »

Vringo, a provider of software platforms for mobile social and video applications, has closed a private placement of convertible notes in the aggregate amount of USD2.5 million primarily to leading venture capital firms Benchmark Capital and DAG Ventures. »

Redkite Financial Markets, a specialist in real-time financial markets surveillance solutions, has raised a Series A investment from DFJ Esprit, a leading European venture firm with just under USD900 million under management. »

LogMeIn, Inc, a provider of cloud-based connectivity solutions, has completed the acquisition of the Pachube service (www.pachube.com) and substantially all other assets of Connected Environments Ltd.    »

Amor Group, a business technology company backed by Growth Capital Partners (GCP), has made a strategic acquisition of FS Walker Hughes, a Manchester based specialist software business focused on the airport sector. »

The Riverside Company has made another major investment in Germany, partnering with Transporeon GmbH and TICONTRACT GmbH (Transporeon). The transaction will close once merger approval has been obtained and will be the second German acquisition in 2011 for the international private equity firm. »

Actiwave AB, a Swedish start-up technology company has raised SEK15 million in a rights issue lead by SEB Venture Capital. SEB also acquired all shares held by the current seed financier, Innovationsbron. »