As funding and exits in the ad-tech sector has become harder to secure, two high-profile figures have joined forces to launch a venture capital fund with an aim to accelerate the next generation of digital advertising businesses.
Yearly Archives: 2010
Source: Adaptive Computing
Provo, Utah—September 14, 2010—Adaptive Computing, the company behind the Moab® unified automation intelligence technology, today announced the completion of its Series A round of financing, securing $14 million from Intel Capital, which served as the lead investor, Tudor Ventures and EPIC Ventures. Adaptive Computing’s initial round of funding, after nine years of consistent profitable growth as a company, will be used to further accelerate the company’s ability to meet the rapid increase in customer demand for cloud automation intelligence.
Source: Thorne Research
Sandpoint, Idaho – June 23, 2010 – Thorne Research, Inc. announced that it has merged with Diversified Natural Products (DNP). The combination of the two companies joins the clinically researched product portfolio of DNP with the hypo-allergenic, exceptionally formulated product line of Thorne. WestView Capital Partners and Tudor Ventures provided acquisition and growth financing in the transaction. The combined entity will continue to operate as Thorne Research and will implement an aggressive growth strategy to provide the highest quality nutritional formulas available exclusively through licensed medical professionals.
Boston, MA and Montreal, Canada – May 11, 2010 – Vantrix, the global leader of mobile video optimization and delivery solutions for streaming, browsing and messaging, today announced the completion of a US$14 million Series C investment. The financing round was led by Tudor Ventures, the venture capital and private equity arm of Tudor Investment Corp., with pro rata participation from existing investors Summerhill Venture Partners, JK&B Capital, BDC Venture Capital, Innovacom Venture Capital and Entrepia Ventures. The new working capital will serve to help Vantrix expand its operations following on the growth the company has experienced and further anticipates in video delivery and bandwidth optimization.
Cambridge, MA – January 20, 2010 – Virtify, Inc., the market leader in enterprise content compliance software solutions, today announced that it has secured $15 million in growth equity financing, in a round that was led by Tudor Ventures. Virtify will use the new infusion of financing to accelerate its Virtx enterprise content compliance software suite into the life sciences market by expanding operations, engineering, sales and marketing initiatives. This expansion will take place in the U.S., Europe, and other key markets.