PE Hub Staff
GAITHERSBURG, MD — Avalon Pharmaceuticals today announced the close to new investors of a $70 million private equity financing through the issuance of Series B Shares. This offering represents one of the largest private biotechnology financings this year. CDP Sofinov served as lead investor in this financing. Other new investors in Series B include EuclidSR […]
MIAMI — VoIP Group Inc., is pleased to announce that on Monday 10th December, 2001, it closed its second round of funding. The investment of $4.4 million was made by ATG Ventures, which acquired a controlling interest in the company. VoIP Group Inc. provides communication solutions to telcos, calling card companies, banks and other enterprises […]
SAN JOSE, CA — 0-In Design Automation Inc., a leader in white-box verification technology, announced closure of an $8M round of equity financing that will accelerate development of new products and support expansion into new worldwide markets. The financing was led by a $4M investment from the meVC Draper Fisher Jurvetson Fund I, an information […]
ANDOVER, MA — Sandburst Corp., a leading developer of 10 Gigabit packet chip set technology, today announced that it has closed a $27.5 million second round of venture capital funding. Led by Investor AB, through its wholly-owned subsidiary Investor Growth Capital, the round included participation from 3i, a leading international venture capital company, and Boston […]
MOUNTAIN VIEW, CA — PlaceWare Inc., the leader in Web conferencing services for Internet-based business communications and collaboration, today announced it has raised more than $30 million in an over subscribed private placement financing. The funding will enable PlaceWare to widen its leadership in the market with its scalable and reliable web services platform. The […]
MENLO PARK, CA — Versant Ventures, an early- stage healthcare venture capital firm, announced today the closing of its $400-million Versant Venture Capital II fund, representing a significant increase over the firm’s initial $250-million fund. In addition, the firm announced the promotion of Camille Samuels Pearson to managing director. With the second fund’s closing, total […]
WALTHAM, MA
NEW YORK — INVESCO Private Capital, a New York-based venture capital and private equity firm, is pleased to announce the closing of the INVESCO Partnership Fund III, bringing to $2.0 billion the assets raised in limited partnerships since 1997. The INVESCO Partnership Fund III will make commitments of $300 million over the next two to […]
NEWTON UPPER FALLS, MA — Gazelle Systems, Inc. today announced a $3.25 million infusion of equity capital from Zero Stage Capital and Pennsylvania Early Stage Partners, a Safeguard Scientifics, Inc. (NYSE: SFE) affiliated private equity fund. Sodexho – a wholly owned North American subsidiary of Sodexho Alliance, the leading provider of food and facilities management […]
SAN FRANCISCO — Finaplex, the leading provider of enterprise software solutions for the wealth management industry, today announced that it has secured $17.1 million in a second round of equity financing. The company will use the proceeds to fund its aggressive market penetration and product development plans while continuing to provide outstanding support to new […]