Pertino, which develops software for managing wide area networks over the cloud, has raised $20 million in a Series B round led by new investor Jafco Ventures, with Norwest Venture Partners and Lightspeed Venture Partners also participating. Pertino raised nearly $9 million in a Series A deal from Norwest and Lightspeed in April 2012.
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Awarepoint Corp., the real-time location system services provider for healthcare clients, has added $14 million in funding. Heritage Group led the round and was joined by Kleiner Perkins Caufield & Byers, Cardinal Partners, Venrock, Jafco Ventures, Avalon Ventures, New Leaf Venture Partners and Top Tier Capital Partners. PRESS RELEASE: Awarepoint Raises $14 Million in Additional [...]
Group Commerce Inc. said it raised a $21 million Series C round of funding from Jafco Ventures and existing investors Spark Capital, Carmel Ventures, and others. The funding will be used for technology development and to expand in the U.K., Germany and other European countries. PRESS RELEASE Group Commerce Receives $21 Million for Product Development [...]
Monitise, a UK-based mobile money network, has acquired US-based Clairmail, a provider of mobile banking and payments solutions in a share-only transaction. Investor Growth Capital, JAFCO Ventures, Norwest Northwest Venture Partners and Outlook Ventures are all backers of Clairmail. (CORRECTION: Clairmail backer Norwest Venture Partners was incorrectly spelled in an earlier version of this story). PRESS [...]
Digital advertising technology company SocialVibe has appointed Todd Tappin as chief executive officer by the company’s board of directors. Tappin joined SocialVibe in June 2010 as its chief operating officer and chief financial officer. SocialVibe is based in Los Angeles, California and is backed by Norwest Venture Partners, Redpoint Ventures, Jafco Ventures and Pinnacle Ventures. [...]
California-based gift card exchange Plastic Jungle received a strategic investment from Citi Ventures, the unit of listed financial services firm Citigroup. Specifics of the transaction were not publicized. Plastic Jungle, in prior rounds, has taken on more than $20 million from investors including Shasta Ventures, First Round Capital, Harrison Metal Capital, Redpoint Ventures, Bay Partners and Jafco Ventures.
Bill payment and online invoicing company Bill.com has added $15.5 million in Series D financing. New investor Financial Partners Fund, a unit of Citi Capital Advisors, participated in the round, as did existing investors DCM, Emergence Capital Partners, August Capital, Jafco Ventures and Total Technology Ventures. The company is based in Palo Alto, Calif., and will use the money to expand operations, continue product development and for marketing efforts.
Asahi Kasei Pharma Corp., a Tokyo-based biopharmaceutical company, has acquired Artisan Pharma for an undisclosed amount. Artisan will become a wholly owned subsidiary; as part of the acquisition, Artisan, based in Waltham, Mass., has changed its name to Asahi Kasei Pharma American Corp. Artisan has raised roughly $70 million since its 2006 founding, including Jafco [...]
Sencha, a provider οf HTML5 frameworks аחԁ tools fοr desktop аחԁ mobile application developers, hаѕ completed a $15 million Series B round οf funding. Jafco Ventures led thе round, wіth existing investors Sequoia Capital аחԁ Radar Partners.
Sencha said it raised a $15 million Series B round with Jafco Ventures lead the funding and existing investors Sequoia Capital and Radar Partners participating. The Redwood City, Calif., company makes HTML5 tools. PRESS RELEASE Sencha Raises $15 Million in Series B Funding Led By Jafco Ventures Additional capital injected to accelerate growth and further [...]