PE Hub Staff
FREMONT, CA — Cradle Technologies, Inc., the creator of the Universal Microsystem (UMS), today announced that it has completed a first close of $10 million toward its Series D round of financing. The financing, led by current investors Charter Ventures and Smart Technology Ventures, will enable Cradle to complete initial production and sampling of its […]
BLUE BELL, PA — Locus Discovery Inc., a new computational drug design biopharmaceutical company, announced today that it has raised a total of $40 million in the company’s third round of preferred stock financing. The financing was completed in two phases. On September 7, 2001 Locus announced that it raised $28 million in the first […]
WALTHAM, MA — Eigner, a leading developer of precision product lifecycle management (PLM) solutions, today announced that it has received a $17 million investment from Ampersand Ventures. The funds will be used to continue the company’s product development and customer support initiatives, and to expand the company’s sales, marketing and business development programs as it […]
SAN FRANCISCO — Telephia, Inc., the leading provider of market intelligence for the wireless industry, today announced that it has secured $38 million in fourth-round funding led by AEA Investors. Centennial Ventures and existing investors also participated in the round. Telephia will use the new capital primarily to extend its offering of wireless voice-based solutions […]
WALTHAM, MA — Revit Technology Corp. today announced it has secured $7 million in additional funding. Demand for Revit(TM) continues to grow, and with an overwhelming response to the coming release of Revit 4.0, Revit Technology will direct the additional funding to enhance its sales and distribution channels. Atlas Venture and North Bridge Venture Partners […]
PLANO, TEXAS — SyChip Inc, a fabless semiconductor company that designs, develops and markets Radio Frequency Integrated Circuits (RFIC) and Chip Scale Modules (CSM) for wireless Internet appliances, today announced it has closed the first part of its $20 million round of funding. SyChip announced that it has secured $15 million in equity financing and […]
BOCA RATON, FL — Medical Staffing Network Inc. (MSN), a leading provider of temporary nurses and staffing solutions for the healthcare industry, announced today that it completed the previously announced recapitalization of the Company led by the investment firm Warburg Pincus. MSN’s current major shareholders, including Navis Partners, Piper Jaffray Ventures, and management reinvested capital […]
SAN FRANCISCO — Televoke Inc., a telematics software notification, control, and tracking services company, announced today the closing of a $4 million extension to its second round of funding. Cardinal Venture Capital led the extension round, joined by existing investors SBVC (SOFTBANK Venture Capital) and the W.I. Harper Group. With this extension, Televoke has raised […]
ARLINGTON, VA — InfoCruiser, a software company that delivers better alternatives for scaling the performance of back-end systems, announced today that it has closed a Series B round of financing totaling $10.2 million to fund further product development and expansion of operations. Carlyle Venture Partners II, an affiliate of the Carlyle Group, the world’s largest […]
SAN JOSE, CA — 2Wire Inc., the leading provider of residential gateways, today announced the completion of its latest round of financing totaling $61 million, with co-lead investors Technology Crossover Ventures (TCV) and Oak Investment Partners. 2Wire has raised a total of $144 million in equity investments to-date since the company’s founding in July 1998. […]