Online restaurant reservation platform Restorando has closed on $3.2 million in Series A financing. Emergence Capital Partners led the round with participation from Latin American-focused fund Kaszek; London-based Atomico; and Storm Ventures. Santi Subotovsky from Emergence Capital and Alex Mendez from Storm Ventures joined Restorando’s board. PRESS RELEASE Restorando, the leading online reservation platform for [...]

San Jose, Calif.-based RiseSmart has raised $2 million in fresh capital from Norwest Venture Partners. The company, a maker of outplacement workforce services, has raised a total of $13.85 million since it was formed in 2007. The company is also backed by Storm Ventures and angel investors.

San Mateo, Calif.-based Marketo, a provider of revenue performance management technology, has closed a $50 million venture round led by Battery Ventures. Existing investors Institutional Venture Partners, InterWest Partners, Mayfield Fund and Storm Ventures also participated. The company will use the infusion to fund growth efforts.

Storm Ventures and New Magellan Ventures have put $4 million into Modo Labs, a provider of open source content delivery technology for mobile platforms and devices. The money will help Modo Labs market its software, which is based on its open source Kurogo platform.

Appcelerator, maker of a development platform for mobile web applications, has raised $15 million in a third round led by Mayfield Fund, Translink Capital and Red Hat. Existing investors eBay Inc., Sierra Ventures and Storm Ventures also participated. The company, based in Mountain View, Calif., has now raised a total of $31.5 million. The latest infusion will be used for international expansion and continued development of the company’s mobile development platform.

Publicly traded LSI Corp. is paying $322 million in cash to buy SandForce Inc., a maker of flash storage processors and solid state drives. Founded in 2006, SandForce has raised money from venture capital investors DCM, Storm Ventures, Translink Capital and Canaan Partners.

Marketo, a provider of Revenue Performance Management (RPM) solutions, has appointed Roger Siboni to its board of directors. Siboni brings more than 25 years of technology leadership and guidance to Marketo’s Board. Marketo is venture capital-backed by Institutional Venture Partners, InterWest Partners, Mayfield Fund and Storm Ventures.

Rimage Corp., a publicly traded provider of on-demand DVD and Blu-ray publishing systems, will acquire Qumu Inc., an enterprise video communications company. Rimage will pay $52 million, which includes a $39 million cash component and 1 million shares of Rimage commons stock. Qumu was reportedly backed by investors including Advanced Technology Ventures, SAP Ventures, Storm Ventures, Garage Technology Ventures, Halo Opportunities Fund and the Angels Forum.

Menlo Park, Calif.-based Storm Ventures has sealed at least $56.4 million in commitments for its fourth fund, Storm Ventures Fund IV L.P., according to a regulatory filing.

Adobe has bulked up its document exchange services platform by buying venture-backed EchoSign, a provider of electronic signatures and signature automation technology. Terms of the deal were not released. EchoSign had raised more than $8 million from investors including Storm Ventures and Emergence Capital Partners.