Search on : Google VentureCapitalReporter

Get the latest Venture Capital & Angel investors news and info Join Our Mailing List:

Your Name: 

Your Email:  

Follow us on
 
  • InforSense Secures $10 Million Investment to Boost Expansion

    October 12th, 2006 No comments

    Fleming Family & Partners Private Equity and Imperial Innovations lead strategic investment round.

    InforSense Ltd., the leading provider of enterprise real-time analytics, recently announced that the Company has received an investment of $10 Million led by two of its largest investors – Fleming Family & Partners Private Equity (FF&P) and Imperial Innovations Group plc (Imperial Innovations). InforSense will use the investment to continue expanding its global footprint, accelerate new product developments and additional application initiatives in both its current and new markets.

    “We are pleased to have completed this round of strategic fund-raising and are grateful to FF&P, Imperial Innovations, Elaia Partners, Sitka Health Fund VCT Plc and all our other shareholders for their continued support,” said Prof. Yike Guo, Founder and Chief Executive Officer of InforSense. ” With these funds, we are well positioned to increase our growth rate and capitalize on the current success of our business.”

    David Donnelly, CEO FF&P Private Equity, added, “FF&P Private Equity is delighted to continue to support InforSense. The investment is in line with FF&P’s philosophy of backing companies and management teams that are successfully delivering innovative technologies and products to the market. The Company is well placed to enjoy success in the years ahead.”

    “InforSense has shown tremendous growth in the last twelve months, with a rapidly growing customer base,” said Susan Searle, CEO of Imperial Innovations. “We are delighted to be able to support them as they continue that growth with our largest single investment to date.”

Leave a reply

Please leave these two fields as-is:

Protected by Invisible Defender. Showed 403 to 27,995 bad guys.

 

Latest Headlines:

Wednesday November 30, 2011
Health Care Solutions companies Infinity Pharmaceutics, NanoVobronix and Selventa raise funds.


Monday November 21, 2011
Panda Power opens $420 Million Fund for Solar and Natural Gas Projects


Thursday November 17, 2011
Better Place raises $200 Million for Electric Cars in the Series C of Funding


Wednesday November 16, 2011
Accel Partners raise $100 Million Big Data Fund to Invest in Hadoop, NoSQL and other Companies


Tuesday November 15, 2011
Skimlinks raises $4.5 Million to help Bloggers Increase their Gains


Monday November 14, 2011
Standing Cloud raises $3 Million to help New Cloud Providers grow Faster


Thursday November 10, 2011
Zillow acquires Diverse Solutions for $7.8 to help Real Estate Agents increase their Visibility


Wednesday November 09, 2011
Pontifax raises $88 Million Fund