HOMESTEAD – City Labs, a minority-owned startup company based in South Florida, and innovator of long-life NanoTritium batteries for microelectronics, has completed its first round of financing, led by Alienware co-founder Alex Aguila and other South Florida entrepreneurs including LCS Ventures. City Labs envisions that its success in manufacturing and developing new technology in South Florida will attract not only investors, but will also attract other high technology companies to the area, creating more jobs and business opportunities in the field.
COCONUT GROVE - Online English school, Open English, today announced the final closing of its $6 million Series A round of financing with participation from Flybridge Capital Partners. The company will use the funding to continue the expansion of its Internet-based English language school throughout Latin America. As part of the funding, Jon Karlen, a Genenal Partner at Flybridge Capital Partners, will join the company's Board of Directors.
DELRAY BEACH - Redilearning has closed a $1.75 million share offering, raising the amount from eight investors, according to a filing with the Securities and Exchange Commission.
FT. LAUDERDALE - Next One Interactive, a provider of digital media services for the travel and real estate industry, announced today that it signed an equity purchase agreement for up to $15 million with Lincoln Park Capital Fund, a Chicago-based institutional investor.
BOCA RATON - FriendFinder Networks Inc. is pleased to announce the completion of its $551,235,000 financing.
FriendFinder Networks is one of the world's leading internet-based social networking companies with approximately 125 million unique monthly visitors. The Company owns over 30,000 websites with over 405 million registrants in 185 countries and offers a wide variety of online services.