PeopleMatter, a provider of talent management solutions, has secured a $14 million Series C funding round led by Morgenthaler Ventures. Existing investors Noro-Moseley Partners, C&B Capital, Intersouth Partners and Harbert Ventures also participated. PRESS RELEASE PeopleMatter, provider of the fastest-growing talent management solution (TMS) specifically designed for hourly workforces in the service industry, announced today [...]

TransEnterix Inc. has closed a $15 million in venture capital financing. TransEnterix currently markets throughout Europe and the US a platform called the SPIDER® Surgical System. The funding is the second tranche of the company’s Series B financing secured in 2009. Aisling Capital, Quaker BioVentures, Intersouth Partners, Synergy Life Science Partners and SV Life Sciences [...]

simplifyMD, a provider of technology to manage electronic health records, has raised $4.5 million in fresh capital, and added Michael Brozino as president. Intersouth Partners, an early-stage venture firm based in North Carolina, led the Series A round. John Glushik of Intersouth Partners will join the company’s board.

Arsenal Medical, a Watertown, Mass.-based bio-pharma company, has spun out 480 Biomedical Inc. as a stand-alone company focused on the development of a bioresorbable scaffold for treating occlusive disease in the femoral artery. The company also announced a $15 million round for 480 Biomedical, which will be used to fund clinical studies. Also, a $3 million round for Arsenal Medical will be used to support its proprietary nanofiber-based drug delivery and therapeutic foam product platforms. Polaris Venture Partners, North Bridge Venture Partners and Intersouth Partners contributed to both rounds.

Adaptivity, provider of IT blueprinting software, has closed on $6 million in fresh capital from Intel Capital, Intersouth Partners and Noro-Moseley Partners. The money will come in two $3 million tranches. In addition to the funding, the company announced that Lee Congdon, chief information officer of Red Hat Inc., has joined the company’s board. Adaptivity previously raised $10 million in an October 2010 round.

In peHUB’s continuing series of slideshows on venture funds and fund performance, we’ve looked at funds through the lens of IRRs, annual commitment trends and cash returns. Here is another look at cash returns that is more troubling than becoming. We isolated the 39 venture capital funds in the University of California’s private equity portfolio [...]

6fusion, a maker of utility-metered public, private and hybrid cloud infrastructure management software, has closed on $7 million from Grotech Ventures and Intersouth Partners. Vienna, Vir.-based Grotech led the round, which will help the company continue technology development and sales and marketing, as well as fund a move of the business to Raleigh, N.C.

Semprius, Inc. said Thursday it raised $20 million in a first tranche of a Series C round. Siemens Venture Capital led the investment round in the solar module maker and was joined by ARCH Venture Partners, Applied Ventures, Illinois VENTURES, Intersouth Partners, In-Q-Tel and GVC Investment. Semprius will use the funding to construct a pilot [...]

Row Sham Bow has raised $3 million in funding from Intersouth Partners. Orlando, Fla.-based Row Sham Bow creates games for social networks. John Glushik of Intersouth will join the company’s board.

Advanced Animal Diagnostics, a developer of technologies to diagnose farm animal diseases, has closed on $11 million in Series B financing. Intersouth Partners led the round, which included participation from Novartis Venture Funds and other, unnamed investors. The company will use the financing to continue development of its diagnostic tests. Advanced Animal’s first on-farm product will focus on improving milk production and quality by controlling mastitis, an infection of the milk-producing gland of cows.