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Drupal monetizing platform Acquia closes $30 million venture capital round and plans European expansion

The enterprise arm of the open-source web platform Drupal has closed its Series E funding round and pocketed $30 million (£19 million) of capital.

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MyHeritage nets return capital from Index Ventures and Accel Partners and closes consolidation purchase

Index Ventures and Accel Partners-backed MyHeritage has closed its latest funding round and bought out a rival business.

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Nicotine supplement company TTS Pharma to locate to North West following SPARK Impact-led investment

Personalised nicotine patch business TTS Pharma has received investment from regional backer The North West Fund for Biomedical.

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Jon Moulton’s Greensphere Capital leads first investment for UK Green Investment Bank 

The UK Green Investment Bank has been officially opened and has closed two investments to mark its beginning.

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Doug Richard issues call to government to create true apprenticeships

Entrepreneur Doug Richard has published his report on apprenticeships and says that the UK needs to re-evaluate what it means to be an apprentice.

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Buy and build deals in Europe continue to fall away after slow start to 2012

European buy and build activity has dropped off during the third quarter of the year, findings from Silverfleet Capital show.

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London events iPhone app YPlan gets investment from Spotify and Hailo backers

A mobile-only event booking smartphone app has launched in London following an investment of $1.7 million (£1.06 million) from Wellington Partners and Octopus Investments.

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Crowdfunders choose to evaluate past successes of entrepreneur as investment criteria

Perceived market potential and prior experience of an entrepreneur are the most important considerations for crowdfunding investors, research shows.

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London events iPhone app YPlan gets investment from Spotify and Hailo backers

A mobile-only event booking smartphone app has launched in London following an investment of $1.7 million (£1.06 million) from Wellington Partners and Octopus Investments.

News

Crowdfunders choose to evaluate past successes of entrepreneur as investment criteria

Perceived market potential and prior experience of an entrepreneur are the most important considerations for crowdfunding investors, research shows.

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Daily raises money to fund AIM admission on new ISDX Growth Market exchange

Web hosting business Daily has raised £550,000 through a placing on the ISDX Growth Market, the replacement to the failed PLUS-SX exchange.

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Love Home Swap closes second MMC Ventures-led fundraising round of 2012

MMC Ventures has backed Love Home Swap for the second time in 2012 by investing £800,000.

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Silicon Roundabout’s Likely attracts two early-stage investors to target international growth

A social data analytics business based in London's Tech City has netted £1 million of investment from a duo of firms.

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Hat-trick of deals for the Low Carbon Innovation Fund as it backs Weedingtech

Weedingtech has become the third company to be invested in by the Low Carbon Innovation Fund during November.

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