SunSun Lighting said it raised $30 million in Series B financing from GSR Ventures, Oak Investment Partners and several angel investors. Oak led the round, and Allan Kwan, a China-based adviser for the firm, is joining the board. PRESS RELEASE SunSun Lighting — “LED Light Bulb Company” — Attracts $30 Million In Financing From GSR [...]

With the memory of the stock market bust just beginning to fade, the INPRS stepped up venture investing in 2005, matched the pace in 2006 and maintained a steady clip of fund sign-ups through 2009, according to a peHUB analysis of its recent private equity portfolio report.

Independent Living Systems, a provider of care to the elderly and special needs populations has appointed four new members to its board of directors. The new appointments include Michael Leavitt, chairman of Leavitt Partners and former secretary of the US department of health and human services; Jay Rosen, health policy and economics expert at Health [...]

Social entertainment company Milyoni has raised $11 million in a Series B round led by Oak Investment Partners. Previous investors ATA Ventures and Thomvest Ventures also participated in the round. The money will be used for further development as well as to open offices in Los Angeles and New York. PRESS RELEASE Milyoni, the leader [...]

B5M said it raised $7.1 million in Series A investment led by Oak Investment Partners and Giosis Holdings. The Chinese social shopping search engine will use the money to develop its website and for marketing. Allan Kwan and Youngbae Ku will join the board. PRESS RELEASE CHINESE SOCIAL SHOPPING SEARCH ENGINE B5M SECURES $7.1 MILLION [...]

Web searching facility Trapit has closed a $6.2 million Series A round of venture funding led by Horizon Ventures of Hong Kong. Trapit has also announced that Rob Majteles, founder and managing partner of Treehouse Capital and a venture partner with Oak Investment Partners, has joined the board of directors. Trapit was founded in 2009 [...]

Oak Investment Partners and Mansa Capital have recapitalized Independent Living Systems, a provider of long-term care, care management, post-discharge and nutrition services to the elderly and other special needs groups. Terms of the deal were not released.

Boston-Power Inc. said it raised $30 million in new private equity. Existing investor GSR Ventures led the deal and Oak Investment Partners and Foundation Asset Management participated. The funding is an add-on to the $125 million round of funding the lithium-ion battery company announced in September. The September round included growth capital and Chinese government [...]

ABB Technology Ventures, the venture arm of power and automation technology group ABB, has put roughly $20 million into GreenVolts as part of a $35 million round for the California-based photovoltaic technology company. Existing investor Oak Investment Partners also contributed to the round. ABB said that it was taking a “substantial minority stake” in GreenVolts.

Bonds.com Group has secured a strategic investment from Michel Daher, chairman of Daher Bonds Investment Company. Other investors include Mida Holdings, Oak Investment Partners, and GFINet Inc. The total raised is $16.6 million. Bonds.com serves institutional fixed income investors by providing a zero subscription fee online trading platform for corporates. PRESS RELEASE Bonds.com Group, Inc. [...]