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The technology provider will take over TessComm, one of T-Venture’s portfolio companies, as part of the deal.
Softbank UK Ventures has invested in Venation a company which has come out of BT’s technology incubator Brightstar.
Dublin-based Aran Technologies will use the financing to globalise its sales division and develop its software intellectual property.
The fund, which had an original target of £50m-£75m, will make investments in UK-based start-up and early-stage technology businesses.
Baring Vostok Private Equity Partners returns to Eastern Europe with the first direct investment fund since the 1998 crisis.
The latest addition to Royal Bank of Scotland's private equity business will invest in enterprise application and communication software, internet infrastructure and hardware infrastructure.
40 per cent of the capital raised comes from Nordic investors, another 30 per cent from the rest of Europe.
PEO spoke to Friedrich Bornikoel, a managing partner at TVM Techno Venture Management, about the new, highly popular TVM IV fund.
When it comes to e-business, most brick-and-mortar companies don't like to hang around.
SPEF II, which has beaten its initial target by E100m, is the largest Spanish fund to date.
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