Social video advertising business Unruly has completed a $25 million (£16 million) round with contributions from Amadeus Capital Partners, Van den Ende & Deitmers and the Business Growth Fund.
Outdoor advertising specialist T4 Media has acquired Alvern Media. The seven-strong team at Alvern will relocate to T4 Media’s new headquarters in London in early 2010.
An owner-manager builds a company and then sells it to live a life of leisure. The entrepreneur, by contrast, enjoys the success of an exit but soon gets the craving to go through the misery of a start-up all over again.
Digital screen technology concern Avisis has raised £250,000 of working capital through an undersubscribed offer of five million ordinary shares at 5p per share.