Unsung software company Aricent raises new round from KKR and Bahrain investor
Mobile software outsourcing company Aricent has raised a new $60 million round of funding from New York private equity firm Kohlberg Kravis Roberts and The Family Office, an investor in Bahrain. It’s also becoming one of the biggest private tech companies in Silicon Valley that… Continue Reading
Accel and KKR raise $600 million private equity fund
Accel-KKR has raised a third private equity fund of $600 million to invest in technology busineses.
The Accel-KKR Capital Partners III fund is a growth-oriented, middle-market tech fund. The fund was initially targeted at just $450 million and was significantly oversubscribed. Now two partners have more… Continue Reading
Roundup: Virtual sex bed suit, Geni, Gay.com, Netvibes, Helio and more
Here’s the latest (ahem) action:
Second Life avatar sues another avatar, over virtual sex bed — We should have predicted this. Second Life entrepreneur Kevin Alderman has filed a copyright infringement lawsuit against Second Life resident Volkov Catteneo. This is apparently the first time an avatar has… Continue Reading
KKR’s single golf hole on Sand Hill Road — never visited
Here’s an entertaining video taken of Roger McNamee, of Elevation Partners by Kara Swisher.
McNamee’s office is ensconced in the middle of Silicon Valley’s Sand Hill Road, center of venture capital and the region’s large private equity firms.
McNamee turns around about two minutes in, and points… Continue Reading
Jazz Pharmaceuticals files for gutsy $172M IPO
Jazz Pharmaceuticals, a Palo Alto, Calif. company that seeks to license drugs from other companies, buy other drug companies and develop its own drugs, all in the area neurology and psychiatry, has filed for a $172.5 million IPO.
Here is its filing. It is four years… Continue Reading