Mootwin, editor of a platform for the creation of mobile applications in SaaS mode or under license, has completed its second round of fundraising to support its development projects in France and abroad. Naxicap Partners and Seventure joined existing investors Rhône-Alpes Création, Expansinvest, Crédit Agricole Développement, Héléa Financière and Teamgroup Investment, in the latest round of fundraising. “This second round of fundraising with solid financial partners will be used to support and step up growth in France and abroad,” says Claude Lemardeley, CEO and Co-Founder of Mootwin. “We have decided to invest in Mootwin because it developed a specific technology

Marketo, the fastest-growing provider of Revenue Performance Management (RPM) technology, has secured USD50 million in new venture financing. Battery Ventures led the round, with existing investors Institutional Venture Partners, InterWest Partners, Mayfield Fund and Storm Ventures also participating. In just five years since its founding, Marketo has delivered a proven business solution for any company looking to accelerate predictable revenue growth. Marketo will use the infusion of new capital to further its aggressive growth strategy. 

"Because of our industry-leading growth in revenues and market share, Marketo had many options for capital. To stay focused on growth, our best choice was

BlueMountain Capital Management (BlueMountain), a private investment firm specialising in the global credit markets with USD7 billion in assets under management, has purchased a majority equity stake in Navitas Lease Corporation (Navitas). This investment was made with funds managed by BlueMountain and will provide Navitas with additional capital to support its multi-year growth plan.  “Navitas possesses the talent and resources to become a dominant competitor in the equipment finance industry,” says Brad Schwartz, BlueMountain’s lead portfolio manager for asset-backed strategies. “Taking into account that this is a highly underserved market, Navitas has tremendous opportunities to serve the small business community’s

Salorix, Inc. a social media marketing and analytics firm developing a new platform for social media campaign management, has secured USD3.5 million in Series A investment, co-led by Inventus Capital Partners and Nexus Venture Partners. "Central to our development has been an unwavering commitment to provide global customers with best-in-class solutions tailored to digital marketing needs, focused on their social media initiatives and enabling them to respond to new market complexities," says Dr Santanu Bhattacharya, CEO of Salorix. "Investments from Inventus and Nexus, two leading firms with a history of promoting investments in pioneering technologies in emerging marketplaces, will enable

Collins Stewart, the US Securities Division of Collins Stewart Hawkpoint, and Morgan Joseph TriArtisan LLC, have formed a joint venture, CSMJ Capital Markets. Within the US, CSMJ Capital Markets will enhance the capabilities of each firm to originate and execute domestic US public and private equity offerings and placements. To this end Collins Stewart LLC’s US equity sales and trading personnel will work with the investment and merchant bankers of Morgan Joseph TriArtisan. "With the extensive distribution capabilities of Collins Stewart and the client base and investment banking expertise of Morgan Joseph TriArtisan, this joint venture will be one of

Pinetree Capital has acquired ownership of 290,000 common shares of Caledonia Mining Corporation through the facilities of the TSX Venture Exchange, representing approximately 0.06% of the total issued and outstanding common shares of the company as of 11 November, 2011. As a result of this transaction, Pinetree and its joint actors collectively held, as at 11 November, 2011, an aggregate of 50,263,000 common shares of Caledonia, including the Common Shares, or approximately 10.04% of the total issued and outstanding common shares of Caledonia as of 11 November, 2011. Of these totals, Pinetree owns 48,250,000 common shares, including the Common Shares,

Middle East and Africa-focused private equity firm Citadel Capital SAE has received formal Board approval for a new ten-year, USD150 million (EGP900 million) financing facility from the United States Overseas Private Investment Corporation (OPIC), the US Government’s development finance institution. Of the total amount, USD125 million is specifically designated for investment in Egypt. The USD150 OPIC financing would, if added to the proceeds from the firm’s fully-subscribed USD175.6 million (EGP1.05 billion) rights issue, give Citadel Capital a total of USD 325 million (EGP 2.0 billion) of long-term capital. The firm also expects to add a further USD50 million to its

Zoomingo has secured USD1.3 million in financing from two leading early-stage venture capital firms — Naya Ventures and Benaroya Capital — as well as several prominent angel investors. Zoomingo is a new mobile "shopping discovery" app that provides consumers instant access to thousands of sale items on fashion, beauty, and home goods at top retailers in local markets nationwide. The funding round is the first for the Seattle-based startup. It will be used to enhance the current application, build a retailer platform, and grow the Zoomingo community through expanded outreach to new customers and retail partners. Zoomingo is the brainchild

Summit Materials has recently acquired Industrial Asphalt, Inc, Asphalt Paving Company of Austin, Inc and Ramming Paving Company, Ltd in Austin, Texas. Industrial Asphalt, Inc. led by Jill Shackelford, is based in South Austin and operates a quarry and two asphalt plants. Asphalt Paving, led by Joseph Jackson is also based in Austin and is a longstanding paving business. Ramming Paving Company, Ltd (“Ramming”), led by John Ramming, is a quarry, asphalt, and paving services company with operations in Austin and San Antonio. All the management teams will remain in place and will continue developing the businesses under Summit management.