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Phantom, a provider of a community-powered security automation and orchestration platform, has raised USD13.5 million in Series B funding to accelerate growth in sales, marketing and engineering. The latest round brings Phantom’s total funding to more than USD23 million and is led by Kleiner Perkins.   Existing investors TechOperators Venture Capital, Blackstone, Foundation Capital, In-Q-Tel, Rein Capital, Zach Nelson and John W. Thompson also participated in the round.   “Security teams are suffocating from the growing volume and velocity of security alerts,” says Ted Schlein, general partner, Kleiner Perkins. “Lack of integration between point products and a shortage of skilled
Global investment bank GCA Altium has acted as exclusive financial adviser to Edenhouse, the UK’s largest independent SAP specialist, on securing a minority investment by private equity house ECI Partners. Edenhouse is an SAP “one-stop shop” offering the full range of consulting, support and implementation services across the entire portfolio of SAP products. The business has over 250 permanent onshore consultants based in its offices in Birmingham, Farnborough and Manchester.    Edenhouse has delivered over 800 SAP projects and currently serves around 300 enterprise customers, as well as a growing number of SMEs, across multiple industry verticals.   Edenhouse has
Private equity firm Calera Capital has acquired a majority stake in Carnegie Fabrics, a family-owned supplier and innovator of sustainable textiles and wallcoverings for the corporate, healthcare, hospitality and education building markets. Cliff Goldman, Carnegie’s president, will retain a significant equity interest in the business. Terms of the transaction have not been disclosed.   Mark Williamson, managing partner of Calera Capital, says: “Carnegie has a long and successful track record of providing high-performance interior textiles to the architecture and design community and their clients. As a leading independent firm with a proven history of product innovation, there remain significant opportunities
Five new investors, with commitments totalling a combined EUR147 million, have joined the BRIDGE platform through BRIDGE II, a Luxembourg-regulated fund dedicated to infrastructure debt investment. Less than two years after its first closing, the BRIDGE platform has raised close to EUR1 billion through three funds, of which EUR400 million was raised in 2016.   The first closing of BRIDGE II (Benjamin de Rothschild Infrastructure Debt Generation) at the beginning of December, involved new investors based in Italy, Germany and France and should enable an interim closing at the beginning of 2017 as investors are currently at an advanced due
Israeli high-tech companies raised an all-time annual high of USD4.8 billion in 2016, 11 per cent above the USD4.3 billion raised in 2015, according to a survey conducted by IVC Research Center and Zysman, Aharoni, Gayer (ZAG). The average financing round, which has been constantly growing over the past five years, reached USD7.2 million in 2016, 19 per cent above the USD5.1 million five-year average.   The fourth quarter of 2016 ended with USD1.02 billion in 151 transactions, compared with the USD1.11 billion garnered in 202 deals in Q4/2015, an 8 per cent year-on-year decrease, and 9 per cent above
Announcement
Crown Global Insurance Group’s president and chief financial officer Chris Calise is to serve as a panellist at law firm Katten’s “Updates on Tax-Efficient New Products and Private Placement Products” seminar in New York City on 10 January. Henry Bregstein, global co-chair of Katten's Financial Services practice, will moderate the programme which will feature panel discussions with industry professionals, including Ronni Davidowitz, head of the firm's New York trusts and estates practice; John Dunnigan, vice president at Goldman Sachs Asset Management; and Steven Shenfeld, president of MidOcean Credit Partners.   The "Tax-Efficient New Products" session will explore the private equity
UK private equity house Maven Capital Partners has led a GBP2.7 million (USD3.4 million) investment in QikServe, the developer of a patented B2B cloud-based platform aimed at hospitality operators. The platform enables customers to order and pay for items from a smartphone, tablet or self-service terminal.   Founded in 2011 by entrepreneurs Daniel Rodgers and Ronnie Forbes, QikServe’s software has undergone a number of years of investment and development and more recently successful pilot schemes have led to contracts secured with a number of global hospitality businesses.   The funding, which includes a GBP2 million investment from Maven, alongside GBP700,000
Enfusion Systems, a provider of a cloud-based platform for investment managers, has raised a significant minority growth equity investment from FTV Capital. The company will continue to invest in technology, product and client-centric service enhancements and will benefit from FTV’s financial services network and experience scaling high growth companies.   As part of the transaction, FTV Capital managing partner Brad Bernstein and principal Robert Anderson will join the company’s board.   “Both new and established hedge funds as well as other asset managers have been seeking significant improvements in operational efficiency and transparency, so that they can focus on the
Noerr has promoted six of its lawyers to partners, as 1 January. Fabian Badtke, Sophia Habbe, Michael Hawkins, Alexander Israel, Patrick Mückl and Nikolai Warneke will reinforce the partnership in their role as equity partners.   Tom Billing, Helge Heinrich and Alexandru Ene (Bucharest office) will work as senior counsel and national partners (salaried partners) in the future.   The firm appointed a further 10 lawyers as associated partners and four as counsel.   “We are pleased to welcome six more lawyers into our team of partners. They have convinced us with their excellent work and therefore stand for Noerr’s
Infrastructure and private equity investment manager Foresight Group has promoted Minal Patel, Ricardo Pineiro and Matt Smith to partner as of 1 January 2017. The promotions follow continued expansion in the group during 2016.   Staff numbers increased by 21 per cent to more than 150 as Foresight opened two new offices during the year, while assets under management increased by 28 per cent to GBP2.3 billion.   Foresight opened a new office in Sydney, Australia to support the deployment of the AUD100 million Australian Bioenergy Fund and to explore opportunities in the Solar sector. In the UK the deployment

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