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News Briefs

North Castle Partners has completed a dividend recap of portfolio company Octane Fitness Holdings Inc., a Brooklyn Park, Minn.
Limelight Networks Inc., a Tempe, Ariz.-based provider of a network for delivering live and on-demand digital media online, has filed for a $201.25 million IPO. It plans to trade on the Nasdaq under ticker symbol LLNW, with Goldman Sachs and Morgan Stanley serving as co-lead underwriters. Limelight raised $130 million in VC funding last year […]
Netezza Corp., a Framingham, Mass.-based provider of enterprise-class data warehouse appliances, has filed for a $100 million IPO. It plans to trade on the Nasdaq under ticker symbol NTZA, with Credit Suisse and Morgan Stanley serving as co-lead underwriters. It has raised around $83 million in VC funding since its 2000 inception, from firms like […]
Pharmasset Ltd., a Tucker, Ga.-based drug company focused on viral diseases, has set its proposed IPO terms to six million common shares at between $12 and $14 per share. It plans to trade on the Nasdaq under ticker symbol VRUS, with Banc of America securities and UBS serving as co-lead underwriters. The company has raised […]
IlluminOss Medical Inc., a Tiverton, R.I.-based medical device startup, has secured $925,000 of a $2.68 million Series A round led by Foundation Medical Partners, according to a regulatory filing. The company is run by former OmniSonics president and CEO Robert Rabiner. www.illuminossmedical.com
Fifth Street Capital of White Plains, N.Y. is raising up to $400 million for its third mezzanine fund, according to a regulatory filing. www.fifthstreetcap.com
Leo Puri has joined Warburg Pincus as a managing director, effective April 10. He will initially be based in New York, but will later move to Mumbai to focus on opportunities in India and selected Asian markets. He previously was a director with McKinsey & Co. in India, where he was co-leader of the Asia […]
Tribold, a London-based developer of product management software for communications service providers, has raised $15 million in Series B funding. Espirit Capital Partners was joined by return backer Eden Ventures. www.tribold.com
Serveron Corp., a Hillsboro, Ore.-based provider of technology and services to monitor electric utility assets, has raised $5 million. Return backers include El Dorado Ventures, Nth Power, Cascadia Pacific Management, Oregon Life Sciences, Perseus, Siemens Venture Capital and Ventures West. The company has raised around $48 million in total VC funding since its 1999 inception. […]
Legend Silicon Corp., a fabless semiconductor company that manufactures the core IC for digital broadcasting and broadband transmission, has raised $40 million in Series D funding led by Intel Capital. Legend has offices in both Silicon Valley and China, with past funding from Intel, Motorola Ventures, SUNeVision Holdings, Tsinghua Tongfang Co. and Dragon Venture. www.legendsilicon.com
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