Monthly Archives: February 2012

Coley Named Head of Corporate Credit at Gleacher & Co.

Geoffrey Coley was named head of Gleacher & Company Securities’ corporate credit group.Coley is the former co-head of global fixed income at Citigroup. Gleacher & Company Securities is the broker–dealer subsidiary of Gleacher & Co. PRESS RELEASE Gleacher & Company … Continue reading

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LegalZoom Closing in on IPO

(Reuters) – LegalZoom.com Inc, the largest online legal document service in the United States, is close to filing for an initial public offering, according to two sources familiar with the company’s plans. LegalZoom has been picking underwriters for its IPO … Continue reading

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Israeli VC Funds Seen Raising $800M This Year

(Reuters) – Israel-based venture capital funds will raise $ 800 million in 2012, similar to 2011 and up significantly from 2009 and 2010, according to a forecast from the Israel Venture Capital (IVC) Research Center. VCs raised $ 796 million … Continue reading

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Brentwood Closes Second Dividend Recap of The Teaching Co.

Brentwood Associates said Tuesday that it has completed its second dividend recap of The Teaching Company Holdings. The deal was financed through a $ 170 million credit facility. Brentwood, a consumer focused PE firm, said it has realized a return … Continue reading

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Krossover Raises $3.5M In Angel Funding

Krossover said it raised $ 3.5 million in angel funding last year in a deal led by Ken Fox, managing partner of the Stripes Group; George Raveling, director of Nike Basketball International; Greg Cangialosi, CEO of Nucleus Ventures LLC;, David … Continue reading

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Energy Shop Eyes Fund III As Industry Attracts More Firms

Energy-focused buyout firm Tenaska Capital Management LLC is preparing to raise its third fund and is likely to launch the process later this year, sister magazine Buyouts reported late last week, citing two sources. The firm has held informal discussions … Continue reading

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XCOR Aerospace Completes $5 Mln Funding

XCOR Aerospace said it closed $ 5 million in funding. Investors include Esther Dyson, Pete Ricketts (co-owner of the Chicago Cubs) and several top Silicon Valley entrepreneurs and former venture capitalists. Mojave, Calif.-based XCOR Aerospace develops and produces reusable rocket … Continue reading

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Yahoo Claims Facebook Is Infringing on Up to 20 Patents: New York Times

Before it can cash in on what is expected to be one of the biggest IPOs in history, Facebook may have to pay Yahoo to settle allegations that the social network is infringing on up to 20 of Yahoo’s patents. … Continue reading

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Cambridge Broadband Gets $7M Credit Line From SVB

Cambridge Broadband Networks Limited said it secured a $ 7 million line of credit from Silicon Valley Bank, the commercial banking division of SVB Financial Group. PRESS RELEASE Cambridge Broadband Networks Limited secures $ 7.0 million credit facility with Silicon … Continue reading

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Cambridge Broadband Gets $7M Credit Line From SVB

Cambridge Broadband Networks Limited said it secured a $ 7 million line of credit from Silicon Valley Bank, the commercial banking division of SVB Financial Group. PRESS RELEASE Cambridge Broadband Networks Limited secures $ 7.0 million credit facility with Silicon … Continue reading

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