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Vestar IV Hits Street After Long Pre-Market

19 years ago

Following an extensive pre-marketing period to existing limited partners, Vestar Capital Partners Inc. began marketing its latest fund to potential new LPs in the last several weeks. Vestar Capital Partners IV LP has a $2 billion target and will require a minimum commitment of $10 million, according to a Securities and Exchange Commission filing dated […]

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Ingredients.com Plans Growth Recipe

19 years ago

Having helped build iVillage.com into the 35th most trafficked site on the Internet, Ingredients.com co-founders Katherine Legatos and Amy Ryberg now hope to cultivate a new Internet property that manufactures and distributes personal care products over the Internet. Leveraging the new media pedigree of its founders and a novel business plan, New York-based Ingredients.com raised […]

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Allpets.com Competes for Pet Prize

19 years ago

In the last six weeks, two Internet-based distributors of pet goods and services have combined to raise $116 million in venture funding from investors that include Amazon.com Inc., PETCO Animal Supplies Inc. and Hummer Winblad Venture Partners. In an effort to succeed in the increasingly crowded market, Allpets.com is building a community site for pet […]

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BoostWorks Targets Internet Acceleration

19 years ago

With 10 years experience in network enhancement experience behind it, BoostWorks of San Francisco recently garnered $7 million in venture financing to focus its skills on increasing Internet server performance. Banque Nationale de Paris led the financing with a $4 million commitment. The round also included investments from Cross Atlantic Ventures and existing investors Innovacom, […]

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Fleet Equity Backs Market Research Play

19 years ago

Responding to the fragmentation of the custom research market, MVL Group Inc. of New Canaan, Conn., has been formed as a holding company to consolidate competing operators in the $2.4 billion industry. As a first step, the company raised $8 million in equity from Fleet Equity Partners and $15 million in subordinated debt from Allied […]

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Laser Diagnostic Detects $8M Round

19 years ago

Eight-year-old Laser Diagnostic Technologies (LDT) Inc. recently raised its largest venture financing to date, raking in $8.75 million from four firms. Vector Fund Management of Deerfield, Ill., led the early July investment round that included additional commitments from existing investors Newtek Ventures, Sigma Partners and Sorrento Ventures, said Andreas Dreher, president and chief executive at […]

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Edocs Raises with $18M Second Round

19 years ago

With 36 North American-based enterprises in the utility, financial services and telecommunications industries currently signed on as customers, Edocs, a developer of electronic bill presentment and payment software, sought second round investors to help with international expansion and a likely initial public offering. The Wayland, Mass.-based company raised $18.6 million in its Series B round. […]

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Tensilica Attracts Strategic Investors

19 years ago

Tensilica Inc. raised $20 million July 23 from strategic and venture investors in its third, and likely final, round of private equity financing. The Santa Clara, Calif.-based company manufactures microprocessor cores and software development tools that enable designers to build more detailed computer chips in less time and more cost effectively. The round, which was […]

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HomePortfolio.com Designs $20M Round

19 years ago

HomePortfolio.com has developed an Internet portal that aggregates manufacturers, distributors and retailers in the $250 billion home design industry. The Newton, Mass.-based company recently raised $20 million in its second institutional round of venture financing to support the Web site. “The home design industry is transforming extremely quickly, and we don’t pretend to have all […]

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Ecrix Stores $25M Third Round

19 years ago

If the backbone of the Internet is really expanding at twice the rate of Moore’s Law, the founders of Ecrix Corp. hope that the need for storage will grow at a corresponding rate. Ecrix develops tape drives that transfer data through packets, allowing enterprises to backup and restore data. The Boulder, Colo.-based company raised $25 […]

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Direct Hit Clears $26M Mezzanine Round

19 years ago

Planning to file for an initial public offering in the next six months, the founders of Direct Hit last month recruited a syndicate of investors that will help position the company for the scrutiny of the public markets. The mezzanine round was led by TA Associates and Commonwealth Capital. Other first-time investors in the round […]

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GoodHome.com Raises $50M First Round

19 years ago

As an e-commerce category, home design products has yet to anoint a dominant market leader. Smelling a ripe opportunity in the potentially $90 billion industry, GoodHome.com’s financial backers invested $50 million in the company’s first round of financing. GoodHome.com was incubated earlier this year by The Learning Co., a division of Mattel Inc. In June, […]

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E*Trade Bank Manages Private Placement

19 years ago

When E*Trade formally introduced online investment bank E*Offering to the cyber-community in January, there was a brief mention that the IPO-centric venture might eventually take a leap into the relatively low-tech private placement market. Now, just six months later, E*Offering has confirmed that it is currently underwriting its first traditional debt private placement in preparation […]

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Novell Ventures Adds Two Directs to Portfolio

19 years ago

Novell Ventures, the year-old captive venture capital vehicle of Novell Inc., closed two direct investments in the past several weeks, increasing its portfolio to 14 companies.. On July 6, Novell joined a syndicate of strategic and venture investors in Indus River Networks’ $14 million third venture financing. Joining Novell were MCI WorldCom Venture Fund, Comdisco […]

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Webvan Financing Brings Web Grocers Home

19 years ago

Less than two months after the June 2 launch of its Web site, Internet grocer Webvan Group Inc. raised $275 million by selling a 6.48% stake to three institutional investors – a deal that values the company at more than $4 billion. By comparison, Winn-Dixie Stores Inc. operates more than 1,100 brick-and-mortar grocery stores and […]

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KB Partners Adds Two Portfolio Companies

19 years ago

KB Partners, an early-stage venture firm based in Chicago, recently added two companies to its Midwest-focused portfolio. The $20 million Venture Fund I co-invested with one high-net-worth individual in EthnicGrocer, an e-commerce company that sells hard to find ethnic foods over the Internet. The company has launched Indiangrocer.com, its first site targeting the Indian community. […]

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Moneyline Gains $7M to Bring Trading Data

19 years ago

As if the prospect of 24-hour markets wasn’t enough of a burden on trading professionals, Moneyline Network Inc. of New York wants to bring information that had been limited to the office home. To achieve that end, the company raised $7 million recently in its second round of venture financing. Accel Partners of Palo Alto, […]

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On-Link Connects on $10M Second Round

19 years ago

In science fiction, computers that mimic human sensibilities often trigger chaos. In the venture capital community, software that portrays virtual human beings can attract multi-million dollar investments. Redwood City, Calif.-based On-Link Technologies Inc. develops software that emulates the human transaction process for e-commerce companies. The company’s Rainmaker sales application provides vendors with a virtual salesperson […]

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