Ericsson has acquired BelAir Networks, a North American carrier-grade Wi-Fi company. Investors in BelAir Networks include Export Development Canada, Wellington Financial, BDC Venture Capital, Comcast Interactive Capital, McLean Watson, MMV Financial, Panorama Capital, T-Mobile Venture Fund, Trilogy Equity Partners, VenGrowth Capital Partners and Ventures West Management. PRESS RELEASE Ericsson (NASDAQ:ERIC) today announces the completion of [...]

San Francisco-based ata warehousing company SenSage, which has already raised $30 million since its 2004 founding, has just announced a new $6.25 million infusion, including $3.5 million in capital from Sierra Ventures, Canaan Partners, FTV Capital, Mitsui Ventures and $2.75 million in debt from MMV Financial. PRESS RELEASE: San Francisco, CA – September 28, 2010 [...]

LucidMedia, a Reston, Va.-based provider of an online advertising demand-side platform, has raised $4.5 million in venture debt funding led by MMV Financial. LucidMedia shareholders include Lake Street Capital, RLI Partners, Melton Investments, Redleaf Group and Milan Mandaric.

Bob Curley has joined venture debt firm MMV Financial as a managing director and senior vice president in the firm’s Palo Alto, Calif. office. He previously was a general partner with Pinnacle Ventures.

Brad Steele has joined MMV Financial as a senior vice president, focused on origination and marketing out of the Toronto-based firm’s Boston and New York offices. He previously was a managing director and senior VP with Square 1 Bank.

Jon Krogstad has joined MMV Financial as a Palo Alto-based senior vice president responsible for business development in the Western U.S. He previously opened the Silicon Valley office of Vencore Capital, which provides debt financing to early-stage companies.