Digital business company Acquia bags $50 mln

Acquia has raised $50 million in funding. New Enterprise Associates led the round with participation from Split Rock Partners, North Bridge Venture Partners, Sigma Partners, Investor Growth Capital and Tenaya Capital. In addition to the funding, Ravi Viswanathan, general partner at NEA, has been named to Acquia’s board of directors. Headquartered in Burlington, Mass., Acquia is a digital business firm.

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.


ANSYS acquires VC-backed SpaceClaim for $85 mln

ANSYS, an engineering simulation software firm, has acquired SpaceClaim Corp. for $85 million in cash. Deutsche Bank Securities was financial adviser to SpaceClaim on the transaction. Based in Concord, Mass., SpaceClaim is a 3-D modeling tool provider. SpaceClaim was backed by Kodiak Venture Partners, Borealis Ventures, Needham Capital Partners and North Bridge Venture Partners.


VC-backed Zinio acquires Audience Media

Digital newsstand company Zinio said Tuesday that it has acquired Audience Media. No financial terms were disclosed. Audience Media is a mobile app solutions provider. Zinio’s backers include Commonwealth Capital Ventures and North Bridge Venture Partners.


Cool Planet racks up $100 mln

Cool Planet Energy Systems has raised $100 million in Series D financing. The private placement was led by UBS and Goldman Sachs. North Bridge Venture Partners and Concord Energy were the lead investors. Also participating in the round were return backers BP, Energy Technology Ventures, Google Ventures and the constellation division of Exelon. Based in Camarillo, Calif., Cool Planet Energy Systems is a provider of solutions that convert non-food biomass into gasoline through mechanical and chemical processes.


Embrane raises $14 Million Series C

Embrane has raised $14 million in Series C funding, led by Cisco. The round also includes new investor Presidio Ventures and participation from existing investors Lightspeed Venture Partners, New Enterprise Associates and North Bridge Venture Partners. Embrane is a provider of application-centric network services.


Layer3 TV attracts $21 mln Series A financing

Layer3 TV has secured $21 million in Series A funding. The lead investors were North Bridge Venture Partners and Evolution Media Growth Partners, which is a joint venture between TPG Growth and Evolution Media Capital. In addition to the funding, Jamie Goldstein of North Bridge has been added to Layer3 TV’s board of directors. Based in Boston, Layer3 TV is a next generation cable provider.

Couchbase Raises $25M in Round Led by Adams Street

Couchbase, a provider of NoSQL database technology, has raised $25 million in Series D funding from Adams Street Partners, which led the round and was joined by existing investors Accel Partners, Mayfield Fund, North Bridge Venture Partners and Ignition Partners. The company has now raised $55 million in funding over four rounds.

Apperian Gets Intel Capital Backing

Enterprise mobile application management business Apperian has received a strategic investment from Intel Capital, Intel’s global investment and M&A organization. The additional capital will build on previous investments Bessemer Venture Partners, Kleiner Perkins Caufield & Byers and North Bridge Venture Partners and brings Apperian’s total funding to date to $28 million.

Dayna Grayson Joins NEA As A Partner

New Enterprise Associates, Inc. said Dayna Grayson joined the firm as partner. She will work with NEA’s East Coast technology team and focus on early-stage enterprise and consumer Internet investments. Grayson was previously at North Bridge Venture Partners in Boston where she made seed and early-stage consumer Internet and software-as-a-service investments.

Valence Health Inks $30m from North Bridge Growth Equity

Valence Health, a provider of clinical integration and health plan services, has secured a $30 million minority investment from North Bridge Growth Equity, a venture capital growth equity firm focused on investing in mid-stage, emerging and high-growth technology companies. North Bridge Growth Equity is affiliated with North Bridge Venture Partners. PRESS RELEASE Valence Health, a […]

Cool Planet Appoints President and VP

Cool Planet Energy Systems has appointed Howard Janzen as president and CEO and Michael Bukowski as vice president of Fuel Production. Cool Planet is developing technology to convert any type of cellulosic biomass including agricultural waste and fast growing energy crops into sustainable gasoline. Cool Planet’s investors include General Electric, Google, BP, Conoco Phillips, NRG […]

Two-Year-Old Gridco Raises $8M More

Gridco Inc., a smart grid power management startup founded by Naimish Patel, founder of publicly traded Sycamore Networksm has raised $8 million in funding from investors, according to an SEC filing that appeared early yesterday. Patel is listed as president of Gridco. Among those listed as Gridco’s directors are Ric Fulop, a partner at North […]

North Bridge Appoints Facebook’s Heiliger as GP

North Bridge Venture Partners has appointed former Facebook vice president of technical operations, Jonathan Heiliger, as a general partner. He will be based in North Bridge’s Silicon Valley office, expanding the firm’s West Coast presence. PRESS RELEASE North Bridge Venture Partners, a leading multi-stage venture capital firm today announced that former Facebook vice president of […]

BP Technology Ventures Backs Cool Planet BioFuels

Shea Ventures led a Series C round for Cool Planet BioFuels Inc., the company announced Thursday. BP Technology Ventures also contributed, as did return investors General Electric, Google Ventures, ConocoPhillips, NRG and North Bridge Venture Partners. Cool Planet BioFuels is developing bio-based renewable, reduced carbon gasoline that can be blended with conventional gasoline. The company did not disclose the amount of the round.

PEHUB Community

Join the 12501 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

Psst! Got any hot tips?

  • This field is for validation purposes and should be left unchanged.

PE HUB News Briefs

RSS Feed Widget


VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget