Nimoy, cast member of new film "Star Trek Into Darkness", poses as he arrives at film's premiere in Hollywood

peHUB Second Opinion

In Second Opinion, the Senate passes a bill to avert the Homeland Security shutdown, Tim Cook says Apple Watch will one day replace your car keys and two big losses rock the business and entertainment world–former AIG chief Robert Benmosche passes away at 70 while “Star Trek” icon Leonard Nimoy dies at 83. Live long and prosper!

Genstar Capital-backed ERT to acquire PHT Corp

EResearch Technology Inc, a portfolio company of Genstar Capital, has agreed to buy PHT Corp. No financial terms were disclosed. Jefferies LLC and Cain Brothers & Co. advised ERT on the transaction while Crosstree Capital Partners Inc was financial advisor to PHT. Headquartered in Boston, PHT helps collect patient-driven data via smartphones, tablets and the web.

Fashion retailer Nasty Gal scores $16 mln Series C

Los Angeles-based fashion retailer Nasty Gal has raised $16 million in Series C funding. Ron Johnson, CEO of Enjoy, led the round. In addition to the funding, Johnson, a former CEO of JC Penney, has been appointed to Nasty Gal’s board.

Live games platform PlayFab grabs $7.4 mln

Seattle-based live games platform PlayFab Inc has secured $7.4 million in Series A funding. Benchmark led the round with participation from other investors that included Madrona Venture Group, Startup Capital Ventures and Orbitz CEO Barney Harford. According to the company, the capital will be used for growth and personnel hiring.

SOLS rakes in $11.1 mln Series B

SOLS, a provider of 3D printing and custom mass-manufacturing technology, has closed $11.1 million in Series B funding. The investors included Founders Fund, Lux Capital, Tenaya Capital and Melo7 Tech Partners. In addition to the funding, SOLS has named Terdema Ussery, president and CEO of the Dallas Mavericks, to its board of directors.

PE-backed DealerSocket acquires FEX DMS

DealerSocket, a portfolio company of Vista Equity Partners, has bought FEX DMS. No financial terms were disclosed. Headquartered in Rancho Santa Margarita, California, FEX DMS is a car dealer management system for independent dealers.

High Fidelity nabs $11 mln

Virtual reality startup High Fidelity has raised $11 million in funding, the company announced in a blog post on its site. Vulcan Capital led the round. To read more about the funding, visit here.


Dawn Capital leads funding round for LeadDesk

Finland-based LeadDesk, a provider of outbound call center software, has secured 5.5 million euros in funding. Dawn Capital led the round with participation from Finnish Industry Investment. In conjunction with the funding, Teddie Wardi of Dawn Capital has been added to LeadDesk’s board of directors.

CIT President/CEO Jobse to leave company

Peter Jobse, president and CEO of The Center for Innovative Technology, said he will step down at the end of the year. Prior to joining CIT, Jobse worked at EDS and was a founder of ArcSight, which was later acquired by Hewlett-Packard. He first came to CIT in October 2002 as an executive vice president and chief operating officer.

Madrona Venture’s Jordan and Foundation Capital’s Vassallo quit Control4 board

Len Jordan, managing director of Madrona Venture Group (formerly with Frazier Technology Ventures) and Steven Vassallo, general partner of Foundation Capital, have resigned from Control4‘s board. Both resignations will be effective as of April 28, 2015, which is the current date for Control4’s 2015 annual shareholders meeting. Frazier Technology first backed Control4 in June 2004 while Foundation made its first investment in July 2005. Based in Salt Lake City, Control4 is a provider of residential and commercial automation systems.

Finistere Ventures collects $150 mln for agricultural tech fund

Finistere Ventures has raised $150 million in the first close of its agricultural tech fund. Finistere Ventures FVII Fund’s founding partners include AVAC Ltd and Bayer CropScience. Verdex Capital will oversee the fund’s Canadian arm in partnership with Finistere Ventures.


peHUB First Read

First Read helps usher in the weekend with news Google reversed a porn ban on Blogger after backlash, Kleiner Perkins says it didn’t distribute gender discrimination policy until 2012 and Wired helps us understand the great dress debate of 2015.

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