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HouseTrip secures $17 million in second round financing

Holiday apartment website HouseTrip.com has completed a $17 million (£10.9 million) Series B funding round, ten months after closing a first round, that will fund product development and marketing campaigns.

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Electric future for Route Monkey after investment

The Finance for Business North East Technology Fund has made a £500, 000 investment in Route Monkey, a provider of software for vehicle operators.

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Digital Barriers acquires Stryker Communications

Surveillance business Digital Barriers has made its fourth acquisition of 2011 with the purchase of Stryker Communications.

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Accel closes third Indian fund at $155 million

Venture capital firm Accel Partners has closed its third fund dedicated for investment in India, Accel India III, after securing $155 million (£98 million).

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Bagel Nash toasts Holme hire

Sally Holme has joined bakery business Bagel Nash as a non-executive director as the company seeks to develop its brand.

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IP buy for Cryptocard

Cloud security company Cryptocard has acquired the patents and intellectual property (IP) of GrlDsure, a provider of platform-based computer authentication security software.

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CitySprint buys and builds with two bolt-ons

Transportation company CitySprint, which is backed by mid-market private equity firm Dunedin, has made two bolt-on acquisitions with the purchase of the UK courier operations of both Lewis Day and Medical Services.

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Maiden investment in UK for Citrix accelerator

Software and technology company Citrix Systems has made a maiden investment in the UK from its start-up accelerator programme with the backing of social analytics business Handy Elephant.

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CitySprint buys and builds with two bolt-ons

Transportation company CitySprint, which is backed by mid-market private equity firm Dunedin, has made two bolt-on acquisitions with the purchase of the UK courier operations of both Lewis Day and Medical Services.

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Maiden investment in UK for Citrix accelerator

Software and technology company Citrix Systems has made a maiden investment in the UK from its start-up accelerator programme with the backing of social analytics business Handy Elephant.

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Cambridge Capital backs Norwich Research Park in raising profile

Norwich Research Park has launched a new angel investment programme to encourage potential high-growth, early-stage companies to set-up or relocate to East Anglia.

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Carlyle disposes of rail software interest

Private equity firm The Carlyle Group has agreed to sell its rail software and services portfolio business RMI in a deal with GE Transportation.

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Government deal for ManTech

ManTech International has acquired Worldwide Information Systems (WINS) in a cash deal worth $90 million (£57 million).

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Eurozone crisis harming SME appetite for finance

Demand for external finance remains low among SMEs, with the economic climate and ‘discouragement’ from the banks the main barriers to borrowing.

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