Domo, a new software-as-a-service (SaaS) venture launched by Omniture co-founder Josh James, has closed USD20 million in Series A-1 funding from Institutional Venture Partners (IVP). This round brings total investment in Domo to USD63 million.   “Winning takes 100 percent focus,” says James. “While we weren’t in the market for additional funding, the capital from a trusted and experienced partner such as IVP made a lot of sense. We’ve experienced positive feedback from the marketplace. This move fills the coffers and enables us to stay focused on execution. It also provides flexibility as we build out our sales organisation and

Better Capital has sold MentecPlus Integrated Solutions Limited (MentecPlus), a company within the BECAP Fund LP (the 2009 Fund) investment portfolio, to UNIT4 Business Software Holding BV (UNIT4), a NYSE Euronext-listed company. MentecPlus was acquired as part of the Calyx group of ICT managed services companies in September 2010. As the authorised distributor in Ireland for the Agresso Business World suite of business software products, MentecPlus has a long-established relationship with UNIT4 (the author of Agresso). MentecPlus, with 167 customers, is a leading provider of business software solutions to both SMEs and Public Sectors in the Republic and Northern Ireland.

The Indian Private Equity & Venture Capital Association (IVCA) is partnering with Cambridge Associates to provide extensive, independent Indian private equity and venture capital performance data to industry participants. As part of the strategic partnership, IVCA will give its members access to aggregate Indian private equity (PE) and venture capital (VC) benchmark data and statistics, once launched. Cambridge Associates, a global provider of independent research and investment advice, derives PE and VC benchmarks from the financial information in its proprietary database of institutional-quality PE and VC funds, which is one of the largest such data repositories in the world, and

Global economic uncertainty and regulatory change will continue to impact M&A activity in the coming year, according to the latest trends insights by Clifford Chance. Worries about sovereign debt, global economic slowdown and the continued lack of a resolution to the Eurozone crisis are contributing to an unsettled global picture. However M&A is continuing despite the challenging environment, and in some areas, Clifford Chance expects to see significantly more confidence in doing deals as the year progresses.   Matthew Layton, Global Head of Corporate at Clifford Chance, says: “The first half of last year showed that there is an appetite

AlienVault, creator of OSSIM, the de-facto standard open source SIEM (Security Information and Event Management) solution, has closed an USD8 million Series B financing led by new investor Trident Capital with participation from existing investors Adara Venture Partners and Neotec. The company has named Trident managing director J Alberto Yepez Chairman of the Board. Trident principal Michael Biggee also joins the AlienVault Board of Directors. The funding will be used to accelerate research and development and aggressively expand sales and marketing to meet increasing demand for unified security management from around the world. AlienVault also recently announced the appointment of

The Aureos South Asia Fund (ASAF) has completed a USD7million investment in Sai Security Printers Private Limited (Sai), a paper packaging company based in Faridabad and Bangalore, India. ASAF is managed by Aureos South Asia Managers Ltd, a subsidiary of Aureos Capital Limited, a private equity fund management company specialising in investing in small and medium sized businesses in emerging markets.   Sai started out as a security printing business and transformed itself into a multi-product packaging company, manufacturing labels and mono-cartons for food and beverage, pharmaceutical and FMCG industries. The company employs 600 people and has seen its paper

Independent Swiss private equity company, Constellation has selected Ipes as the administrator for its Constellation III German Asset Light Fund. The fund, which will focus on investing in growth companies in the service sector in German speaking Europe, reached its successful final closing in early December 2011. Ipes Luxembourg will provide a complete range of services for the fund, including domiciliation, central administration, registrar and transfer agency services and the provision of directors. Constellation chose to work with Ipes following a competitive tender process involving a total of four administrators. Marinus Schmitt, Associate Director at Constellation, says: “Looking ahead we

Physio-Control, a provider of emergency medical response technology for use in the intervention and treatment of cardio-respiratory sudden cardiac arrest and other medical emergencies, has completed the sale of the company to an affiliate of private investment firm Bain Capital.  The transaction, which was announced on 17 November, 2011, was valued at approximately USD487 million. Simultaneous with the closing, Brian Webster, formerly President, has been named Chief Executive Officer of the newly-independent company.   Headquartered in Redmond, Washington, Physio-Control is the global leader in professional emergency response products and services. The company’s professional products include LIFEPAK monitor/defibrillators, the LUCAS 2 chest