Siva Power secures more funds

Advanced solar energy business Siva Power has secured backing of $15 million. The new capital came from four investors, including three existing investors: Trident Capital, DBL Investors and Acero Capital. The city of Wuxi, China came in as a new investor.

2Checkout picks up $60 mln

Global payment processing service 2Checkout said Thursday that it has closed $60 million in funding. Chicago Growth Partners and Trident Capital led the round. According to the firm, the capital infusion will be used to accelerate expansion of its global payments processing platform.

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Fluid buys VC-backed 8thBridge

Fluid said Monday that it has acquired 8thBridge. No financial terms were disclosed. Based in Minneapolis, 8thBridge, which is backed by Trident Capital and Split Rock Partners, is a provider of social discovery, curation, analytics and marketing solutions for retailers.

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Top security investors include unexpected names — VCJ

Security investing continues to run at high throttle, affiliated publication VCJ reports. Overall venture dollars committed to security startups dipped slightly last year, but still broke the $1 billion mark, according to data from Thomson Reuters.

Mocana raises $15 mln in strategic funding; GE Ventures leads round

Mocana, a provider of a platform that helps secure mobile devices, has received a strategic investment from GE Ventures, with existing investors Shasta Ventures, Southern Cross Venture Partners, Symantec and Trident Capital also participating in the round. The company told peHUB that the amount of the round was $15 million. San Francisco-based Mocana previously raised $47 million in funding, the company said. This includes a $25 million round in July 2012 at a $138.9 million valuation, according to Thomson Reuters (publisher of peHUB).

AlienVault Raises $26.5M From GGV, Trident, Kleiner, Adara, Others

AlienVault said it raised $26.5 million of Series D funding in a deal led by GGV Capital and joined by existing investors Trident Capital, Kleiner Perkins Caufield & Byers, Sigma West and Adara Venture Partners. Other new investors include Top Tier Capital and Correlation Ventures. The funding will be used to scale the company’s sales and marketing efforts.

AirTight Raises $10M From Trident, CMEA

AirTight Networks, Inc. said it raised $10 million of Series D financing in a deal led by existing investors Trident Capital and CMEA Capital. The company has now raised a total of $48.75 million.

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Trident Sees 3.4x Return On Solera Exit

Blue Coat System’s acquisition of Solera Networks is the latest exit of a venture-backed security company, and a lucrative one, too. Allegis Capital, an early backer of Solera, expects a return of more than 10x on its first money. Trident Capital also is turning a tidy profit.

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Valuations Rise, But Venture Investors Still Jazzed About Security

Private company valuations for security companies are up, but venture investors remain excited about putting to money to work. There is no secret why. Governments and corporations are under attack from cyber hacks, and IT budgets are being freed up for products and services to strengthened digital defenses.

Host Analytics Inks $17m Series D

Cloud-based enterprise performance management provider Host Analytics has closed $17 million in Series D venture financing. The round was fully financed by the company’s existing investors Advanced Technology Ventures, Trident Capital, StarVest Partners and Next World Capital.

IHS Acquires Trident Capital’s Invention Machine

Englewood, Colorado-based IHS, a source of information and analysis, has acquired Invention Machine for approximately $40 million. Trident Capital is an investor in Invention Machine. PRESS RELEASE IHS Inc., the leading global source of information and analysis, has acquired Invention Machine for approximately $40 million. Invention Machine is a leader in semantic search technology that […]

Gustavo Alberelli joins Trident Capital

Trident Capital said Gustavo Alberelli has joined the firm as a managing director focusing on late-stage and growth equity investments.  Alberelli was previously at Kennet Partners, where he led growth equity investments in technology companies, typically as the first institutional investor. PRESS RELEASE Trident Capital Appoints Gustavo Alberelli as Managing Director Late-Stage, Growth Equity Experience […]

Brazil’s Cielo Buys Merchant E-Solutions for $670 Million

Brazil’s Cielo, the country’s largest credit and debit card operator, said on Monday it will buy U.S. payment solutions provider Merchant e-Solutions for $670 million to enable it to settle more online transactions. MeS, as the Redwood City, California-based company is known, specializes in settling e-commerce and mobile payments and annually processes more than $14 billion […]

Sunlogics Power Fund Appoints Bingle as President

Solar energy project company Salamon Group‘s Sunlogics Power Fund has appointed Jay Bingle as president. Mr. Bingle has served as an advisor to and director of numerous companies and venture capital firms, including NEC, Longworth Ventures, NSI, Dentsu, m-Qube, Trident Capital, NewSight Corp, Wired Assets Inc, and Viryd Technologies. PRESS RELEASE SALAMON GROUP, INC. announces […]

Extole Inks $10M Series C

San Francisco-based Extole, maker of a consumer-to-consumer social marketing platform, has raised $10 million in Series C financing, bringing the company’s total raised to $22 million. Shasta Ventures led the round, with participation from existing investors Norwest Venture Partners, Redpoint Ventures, and Trident Capital. PRESS RELEASE Extole (www.extole.com), the leading Consumer-to-Consumer (C2C) Social Marketing Platform, […]

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