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Technology & software solutions

Clouds

Silverback Enterprise Group acquires EPM Live

Austin Ventures-backed Silverback Enterprise Group, which acquires and builds software businesses, has acquired EPM Live, a provider of cloud-based project portfolio and work management software built on the Microsoft SharePoint platform. EPM Live will become part of Silverback’s PowerSteering Software business. Adding EPM Live’s more than 270 active enterprise clients

Hedge fund index

Deutsche Bank launches fund admin app

Deutsche Bank has launched an app-based fund solution that provides access to its fund administration services as well as award-winning research and analytical tools in one place via the Bank’s Autobahn App Market. The Autobahn App Market not only consolidates hedge funds, fund of funds and private equity applications in

Satuit Karen Maguire

Satuit Technologies launches enhanced SatuitCRM Platform

Satuit Technologies, a provider of client management software for professional investment and wealth management firms, has released a new version of SatuitCRM Platform, adding client report management and secure distribution modules to the core functions. The new platform provides SatuitCRM clients with the ability to create, organise, customise, collate and

Clouds

Navatar Group launches new version of Private Equity CRM

Navatar Group, a cloud provider for financial services, has launched a new version of Navatar Private Equity CRM, a cloud solution used by alternative assets firms worldwide. This release adds to the existing functionality provided out-of-the-box by Navatar Private Equity CRM, completely through the cloud, and which is used by

SimpliVity raises USD25m in series B VC funding

SimpliVity, a provider of simplified software defined data centre in a box solutions, has secured USD25m in series B funding led by Silicon Valley-based Kleiner Perkins Caufield & Byers (KPCB). Existing investors Accel Partners and Charles River Ventures also participated in this financing round, which brings the total funding to

Damballa secures USD15m funding round led by Adams Street Partners

Damballa has closed USD15m in growth funding to help accelerate sales and distribution through channels to meet the rising market demand for the Damballa advanced threat protection solutions. Adams Street Partners is leading this funding round and is joined by existing investors, who added to their equity stake in the

signal tower

WEMS secures investment from WHEB Partners

Wireless Energy Management Systems International (WEMS), a Stockport, UK-based provider of the world’s first fully wireless and web-enabled building energy management system, has sold a majority equity stake and raised growth capital in a GBP13m financing led by private equity fund manager WHEB Partners and including Hermes GPE through the

Snappli secures funding from Greylock and Index Ventures

Mobile data optimisation company Snappli has received a significant injection of capital from its founding team of entrepreneurs. In addition, Snappli has now secured a further USD1m investment from Greylock Partners, Index Ventures and Klaus Hommels, the early investor in Skype, Facebook and Spotify. The Snappli app compresses, optimises and

SIGFOX secures EUR10m series B funding led by Intel Capital

SIGFOX, the first operator of a cellular network fully dedicated to machine-to-machine (M2M) and Internet of Things communications, has closed a funding round. This EUR10m series B funding led by Intel Capital, together with SIGFOX’s existing investors Elaia Partners, Partech Ventures International and IXO Private Equity, is in line with

Lyceum-backed Access acquires Prelytis for EUR4m

Lyceum Capital-backed Access Group, a business software provider, has acquired French-based business intelligence specialist Prelytis for EUR4m. The acquisition, which marks the first of a series of moves by Access into the software as a service (SaaS) marketplace, is the company’s sixth bolt-on since Lyceum Capital backed a GBP50m buyout

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