PE Hub Staff
ST. LOUIS — Viasystems Group Inc. (NYSE: VG) today announced that Hicks, Muse, Tate & Furst Incorporated (“HMTF”) has increased its total investment in Viasystems. The additional investment is in the form of HMTF’s open-market purchases of $232 million of the Company’s 9 3/4% Senior Subordinated Notes and $51 million of the company’s bank debt. […]
MILAN, ITALY – BioXell SpA announced its official launch today at a press conference in Milan. The firm combines extensive industry experience with a competitive edge in immunology and aims to become a leading research and development biopharmaceutical company in the field. BioXell is off to a fast start with two strong technology platforms and […]
WASHINGTON — Neocera Inc., a semiconductor failure analysis, metrology and advanced thin film materials company, announced today that it has raised $13.3 million in its second round of venture financing, bringing total funding to $20.3 million. This round was co-led by Digital Power Capital LLC and Tudor Investment Corporation with participation from FEI Company and […]
SAN JOSE, CA — IntruVert Networks, a developer of next generation intrusion detection systems (IDS), today announced it has raised approximately $15 million in Series B funding from premier venture firms: ComVentures, Trinity Ventures and Raza Foundries. This latest financing will be used to launch and market the company’s products to enterprise and government customers. […]
OTTAWA, CANADA – Mobile Knowledge Inc., a leading provider of advanced GPS and wireless communications technology for fleet telematics applications, today announced that it has successfully completed a $7 million private placement financing led by the Longitude Fund, a technology merchant-banking fund managed by Latitude Partners of Toronto. FT. Lauderdale, FL — Intercallnet Inc. (OTCBB:ICLN) […]
ACTON, MA — Equipe Communications announced today a $40 million third round financing that brings the two-year-old company’s total funding to $103 million. New investor Sequoia Capital Partners led the financing round. Other new third round investors were CIENA(R) Corp. (Nasdaq: CIEN) and Silicon Valley BancVentures (Nasdaq: SIVB). Additional third round participants included first and […]
NEW YORK — DuoCash has announced the close of their Series B financing led by OCI Venture Group, an early stage strategic private equity group focusing on IT, communications and digital media industries, and the venture investment arm of OCI Group, a multi-national Asian conglomerate. NEW YORK — Dave Williams, chairman of White Williams Private […]
BOSTON — BancBoston Capital, the private equity investment arm of FleetBoston Financial (NYSE: FBF), today announced the closing of its Private Equity Portfolio Fund III, LLC (
SOUTHFIELD, MI — SupplySolution Inc., the leading provider of supply chain execution applications for manufacturing, distribution, exchange, and supplier organizations, today announced that it has raised $28.5 million in expansion financing. Previous investors led the round, including Enterprise Partners, The Sprout Group, the venture affiliate of Credit Suisse First Boston (formerly Donaldson Lufkin and Jenrette), […]
SANTA CLARA, CA — Peribit Networks, the only developer of DNA sequencing-based network optimization products today announced that Mayfield, a top tier venture capital firm, is leading a $20.5 million venture round in the company. At a time when many start-up companies are being forced to accept venture capital financing that values their companies at […]