VC-backed Zettics names VP of monetization

Zettics has hired Adam Guy as vice president of monetization. Previously, Guy worked at Millward Brown Digital where he served as senior vice president of business development and head of mobile. Based in Concord, Mass., Zettics is a provider of actionable subscriber analytics. Its backers include North Bridge Venture Partners, Voyager Capital, Steamboat Ventures, Emergence Capital, Excelestar Ventures, DRW Trading Group and Jump Capital.

Reuters – Veeva Systems Planning IPO

Life sciences-focused software company Veeva Systems is planning an initial public offering that could come in the third quarter and has selected banks to lead the deal, writes Reuters. Veeva Systems received $4 million in funding from venture capital firm Emergence Capital in 2008.

Lithium Technologies Inks $53.4M

Emeryville, Calif.-based e-commerce and marketing company Lithium Technologies has raised a whopping $53.4 million in new capital. New investor New Enterprise Associates led the round, with participation from new backer SAP Ventures as well as “all existing Lithium investors,” the company said. Lithium previously raised capital from investors including DAG Ventures, Tenaya Capital, Benchmark Capital, Emergence Capital and Shasta Ventures. The Series D round will go towards growth, including bolstering sales and marketing efforts.

Yammer In Round Four

San Francisco-based Yammer, a provider of enterprise social networks has secured $17 million in its fourth round of funding, bringing its total financing to $57 million. The Social+Capital Partnership, a new fund established by former Facebook Vice President Chamath Palihapitiya, led the round with previous investors Charles River Ventures, Emergence Capital and U.S. Venture Partners also participating.

Backed by Mission, Maveron & Emergence, Zui.com Launches

KidZui, the developer of an Internet browser for kids, has launched its Zui.com search engine for kids aged 3 to 12 years old. The site is backed by $2 million in financing from Mission Ventures, Maveron, Emergence Capital and Scholastic Corp. The company sealed $1 million this spring, and grabbed $1 million last fall. KidZui is based in San Diego, Calif.

Emergence Capital Raising Third Fund

The San Mateo-based venture firm Emergence Capital is in the process of raising its third fund with a target of $200 million, according to a regulatory filing. The form says that the first sale has yet to occur. VentureBeat first reported on the filing earlier this afternoon. Emergence raised its first, $125 million, fund in 2004, […]

Split Rock Leads $12.3M Round for Intacct

Split Rock Partners led a $12.3 million round for cloud financial management and accounting software maker Intacct. Existing shareholders Bessemer Venture Partners, Emergence Capital, Sigma Partners and Sutter Hill Ventures also participated in the round. The infusion will help Intacct bolster its team, the company said.

ServiceMax Closes $14M Series C

ServiceMax, a developer of cloud-based mobile field service applications, has raised $14 million from Mayfield Fund, Trinity Ventures, Emergence Capital and salesforce.com. Mayfield was the lead investor in the Series C round. To date the company has closed on $26 million.

VigLink Closes $5.4M Series B

VigLink has closed a $5.4 million Series B round to expand development of its Internet advertising technology. Emergence Capital led the newest round, which included participation from shareholders Google Ventures and First Round Capital. Kevin Spain, a principal at Emergence Capital, joins the VigLink board. VigLink has raised a total of $7.3 million to date.

Yammer Adds $25M For Enterprise Social Networking

Yammer, a San Francisco-based start-up focused on social networking platforms for enterprise customers, has added $25 million in a third round of funding. The latest round brings Yammer’s total financing to $40 million. U.S. Venture Partners led the round, which included participation from previous shareholders Emergence Capital, Charles River Ventures and Founders Fund. U.S. Venture Partners’ Mamoon Hamid will join Yammer’s board.

Yammer Raises $10 Million

Yammer, a San Francisco-based provider of enterprise microblogging and real-time communications solutions, has raised $10 million in Series B funding. Emergence Capital led the round, and was joined by SV Angel and return backers Charles River Ventures and Goldcrest Investment.

Jason Green of Emergence and Ron Conway of SV Angel are joining the company’s board of directors. No mention of Founders Fund, which participated in Yammer’s $5 million Series A round.

SupportSpace Raises $10 Million

SupportSpace, an Israel-based provider of online IT support services, has raised $9 million in second-round funding. Emergence Capital Partners led the round, and was joined by return backers BRM Capital and Gemini Israel. The company previously raised $4.25 million. peHUB previously reported on the round, based on a regulatory filing.

VCs: Thousands Of Companies Will Exit Next Year…

But they may not be going public.

Four VCs — Sharon Wienbar at ScaleVP, Sandy Miller at Institutional Venture, Brian Jacobs at Emergence and Courtney McCrea at Weathergage (a fund of funds) — appeared earlier this week on a panel at Dow Jones LP Summit and were asked to predict the future.

They all see a big pickup in VC-backed exits — thousands of companies that are five to 10 years old that will be ready to go out by next summer.

But they also aired what have become usual complaints about the harms of going public for small-cap companies:

Richard Yanowitch Joins Emergence

Richard Yanowitch has joined Emergence Capital Partners as a venture partner. He previously was a venture partner with Accel Partners. As founder and chairman of The Entrepreneurs Group, Yanowitch serves as an independent director of the boards of Yume, Mig 33, Lithium and Raptr.Technologies.

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