MakeSpace, a New York storage company, has gained $8 million in a Series A funding round. Upfront Ventures led the round, while Founders Fund and OATV contributed along with all the startup’s seed backers (Lowercase Capital, Collaborative Fund and High Peaks Venture Partners). Total backing behind MakeSpace comes to $10.1 million. Individual investors Kevin Colleran, Sam Lessin, Dave Morin, Josh Spear, Scott Belsky, Gary and AJ Vaynerchuk, Naval Ravikant and Ricky Van Veen have provided funding as well.
San Francisco’s Kamcord, which offers mobile gameplay recording and sharing, has secured $7.1 million in Series A investment. Translink Capital led the round, which saw contributions from SV Angel, DeNA, M&Y Growth Partners and KLab, plus current backers XG Ventures, Mark Williamson and Innovation Works. “Users now share 1 video every 2 seconds with Kamcord, with over 1 million videos being shared in the last month alone,” says a press release.
IP management and analytics company Lecorpio has received $10 million in a Series B funding round led by M2O. “The funds will be used to make strategic hires, accelerate product development, and support the Silicon Valley company’s rapidly growing base of enterprise customers,” says a press release. The Fremont, CA-based company serves customers such as Autodesk, NetApp and NEC.
SHOP.CA, The Toronto-based e-commerce hub has raised $31 million in a Series B investment round. Shaw Ventures and “a select group of large North American financial institutions” contributed to the round as new backers, says a press release. Current investors such as Torstar Corporation, Difference Capital, Slaight Communications and some team members from SHOP.CA also provided funding. In less than 2 years, the company’s cash secured has reached $52 million.
Redmond, Washington-based Microsoft has purchased New Zealand cloud solutions company GreenButton. The company has been incorporated into Microsoft Azure. “Our existing service is no longer available to new customers,” says an announcement on GreenButton’s web site. “We plan to launch a new integrated service with Microsoft Azure later in the year.”
Canonsburg, PA-based engineering simulation software company ANSYS has picked up Concord, MA’s SpaceClaim Corporation, which delivers 3D modeling software. Total consideration for the deal comes to $85 million in cash, “plus retention and an adjustment for working capital,” says a press release. The transaction was completed at the end of April.
Rochester, NY-based Truesense Imaging, Inc., which delivers image sensor devices, has been acquired by Phoenix, AZ semiconductor company ON Semiconductor. The acquisition ran ON Semiconductor about $95 million in cash. Truesense drove $79 million in revenues in 2013.
Des Moines, Iowa-based Berkshire Hathaway Energy will purchase AltaLink of Calgary for an estimated C$3.2 billion ($2.9 billion) in cash, according to a press release. “AltaLink is a regulated transmission-only business … with assets of C$5.9 billion as of December 31, 2013, and 2013 revenues of C$534.1 million,” says a press release. “AltaLink’s assets include 280 substations and approximately 12,000 kilometers of transmission lines that help serve 3 million Albertans, which represents 85 percent of the population.”
The Chicago-based parent of TDS Telecom, Telephone and Data Systems, Inc. has bought “substantially all of the assets of a group of companies operating as BendBroadband,” says a press release. The Bend, Oregon company, which drove revenues of $70 million last year, cost Telephone and Data Systems, Inc. $261 million.