“The import thing is to identify the “future that already happen.”” – Peter
BOTTOMLINE: Identify the major trends in your market that have already appeared. What is the likely longevity and impact on your life and organization?
Our motto is “Say Provocative statements that intelligent people argue about fast without dotting your i’s and crossing your t’s. As life is all about fun and results!” – JD Morris
Jitterbit, an Alameda, Calif.-based API transformation company, raised $25 million in Series C funding. KKR led the round. (IN knows KKR)
CargoX, a Brazil-based technology company that offers trucking services for corporations, raised $20 million in Series C funding. Goldman Sachs led the round, and was joined by investors including George Soros, Qualcomm Ventures, Agility Logistics, Valor Capital Group and Oscar Salazar. (IN knows Qualcomm Ventures)
Optibus, an Israel-based provider of real-time operations and planning for city-wide mass transportation, raised $12 million in Series A funding. Pitango led the round, and was joined by investors including Verizon Ventures and Sir Ronald Cohen. (IN knows Verizon Ventures)
Madison Dearborn Partners agreed to acquire a majority stake in AmTrust Financial Services’ U.S-based fee businesses. The enterprise value of the deal is $1.15 billion. At the closing, AmTrust, a multinational insurance holding company, will receive gross cash proceeds of about $950 million and retain a 49% stake in the business. (IN knows Madison Dearboard Partners)
Investor Network is partnering with riseSEA has access to who is who leaders that know private equity, venture capital, and who-is-who in the world. Contact Victoria at INFO@RedHookCapital.co for your strategy session.
DISCLAIMER: This information is provided by AP, Bloomberg, Forbes, Fortune, preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources. Please check with the company website as this a beta blog and will not be updated.
Happy Investing and Networking,
The Investor Network Team