UK Tech Deals - April 2011 by Techcelerate


Posted by superuser on Monday 4th of April 2011 | 0 Comment(s)

Let us know if you know of any tech deals took place in April 2011 in the UK.

+ OpenBuildings.com Unveils Its New Architecture Database And Raises $2 Million In Funding from BlueRun Ventures and Index Ventures.

+ BookingBug secures $350,000 Angel round to scale up by TechCrunch - Among angels are Philip Crawford (ex-Oracle, current chairman of Lombard Risk plc and Avanti Capital).

+ StylistPick secures $8m in Series A to expand its monthly fashion offers from Accel Partners and Index Ventures.

+ WorkSnug secures £110k in funding, locates nine Angels

+ Huddlebuy, the ‘Groupon-for-small-businesses’, raises £350k in Angel funding from Alex Chesterman, co-founder of LoveFilm and Zoopla, and well-known Angel Sherry Coutu.

+ Livebooings raises £6 million from Balderton Capital and Wellington Partners - Rapid growth in the restaurant sector continues as Livebookings, the leading global reservations and marketing service for restaurants, today announces that it processed online reservations for over one million restaurant diners, globally, throughout March. During this record-breaking month, Livebookings also closed a round of funding of £6 million (almost $10 million) in investment from existing Livebookings shareholders, including Balderton Capital and Wellington Partners.

+ Basekit raises $6.5 million from Nautica Capital, Eden Ventures and NESTA - BaseKit, which lets designers build websites without the need to write code, has secured a further $6.5m in funding from Nauta Capital, Eden Ventures and NESTA

+ Online pawn broker Borro raises £7.5m led by Augmentum Capital by TechCrunch - Online pawn broker Borro has raised £7.5m in a round led by Augmentum Capital, the growth capital fund launched by Tim Levene and Richard Mathews.

+ Just Eat secures £30 million from Greylock, Redpoint and Index Ventures - London based Just-Eat, the world’s largest takeaway ordering service, today announced the closure of a financing round of $48m co-led by two leading venture capitalists, Greylock Partners and Redpoint Ventures with substantial support from existing investor Index Ventures.

+ CertiVox Secures £900,000 from Pentech and Octopus - CertiVox, a new information security company, today announced it has received £900,000 ($1,460,000) in Series A funding from Pentech Ventures, which led the round, and Octopus Investments, both based in the UK. The funds will be used to develop and bring to market CertiVox’s breakthrough key management infrastructure as a service (IaaS)

+ Duedil secures £50,000 no strings attached convertible notes from DFJ Esprit by TechCrunch Europe - Duedil, the business reputation startup, secured first prize in the startup competition, and an on-the-day announcement from DFJ Esprit that it would award the winner a £50,000 no strings investment in the form of a convertible note. This would convert into its next funding round at the price of the next round.

+ MobiCart secures $500,000 from Finance for Business North East Angel Fund - MobiCart (Newcastle upon Tyne, UK & San Francisco, US) www.mobi-cart.com after making its debut at the world-renowned DEMO conference in Silicon Valley, California, MobiCart has gone from strength to strength, helping to fuel growth in this rapidly-expanding market. Last year, MobiCart became one of the first m-commerce app builders, making it easy for online retailers to tap into the growing mobile industry. And after securing investment from the Finance for Business North East Angel Fund as part of its funding round, work is set to start on a series of exciting new projects.