Get the PE Week wire in your inbox each morning. Just send an email with the heading “Wire Yes!” NetMotion Wireless Inc., a leading supplier of software solutions for wireless networks, today announced the close of $5 million in Series B funding. The round was led by Series A investors Northwest Venture Associates and SeaPoint Ventures, […]
Softricity Inc., a Boston-based developer of an application deployment and management platform, announced today the completion of an oversubscribed $14.6 million third round of venture funding, bringing its total funding to date to $40 million. New investors TD Capital Technology Ventures and FA Technology Ventures led the round, joined by Hunt Ventures and Markpoint Venture […]
Get the PE Week wire in your inbox each morning. Just send an email with the heading “Wire Yes!” TL Ventures and EnerTech Capital have appointed Pamela A. Strisofsky as Chief Financial Officer of the two Philadelphia-based venture capital firms. As CFO, Strisofsky will be responsible for the financial, legal and administrative aspects of the […]
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 […]