Schooner Information Technology Inc. has raised just over $15 million in Series A funding, according to a regulatory filing. Backers include CMEA Ventures and Redpoint Ventures. The Menlo Park, Calif.-based company says that its goal is to help financial sector and Internet consumer-facing companies achieve high performance and scalability at a fraction of their current costs.” The […]
Makani Power Inc., an Alameda, Calif.-based wind energy startup, has raised $5 million in Series B funding from return backer Google, according to a regulatory filing. The overall round could raise upwards of $20 million. Makani previously raised $10 million from Google in late 2006. www.makanipower.com
Space Pencil Inc., an Emeryville, Calif.-based Web analytics startup, has raised $800,000 in Series A funding, according to a regulatory filing. Backers include True Ventures and SoftTech VC. The company is run by Neil Patel and Hamit Shah, who also have been with both Advantage Consulting Services and Crazy Egg. Space Pencil does not yet […]
Picateers Inc., a San Mateo, Calif.-based online photo sharing and fundraising service for schools, has raised $6.6 million in Series A-2 funding, according to a regulatory filing. Backers include Norwest Venture Partners. www.picateers.com
Living Proof Inc. (f.k.a. Andora), a Cambridge, Mass.-based biomaterials startup, has raised $7 million in Series A-3 funding, according to a regulatory filing. Backers include Polaris Venture Partners. The company does not have a website.
Nusym Technology Inc., a Los Gatos, Calif.-based EDA company whose software discovers chip flaws prior to fabrication, has raised $8.1 million in Series B funding, according to a regulatory filing. Voyager Capital was joined by return backers Draper Richards and Woodside Fund. www.nusym.com
Data Robotics Inc., a Santa Clara, Calif.-based developer of automated data storage products, has raised $15 million in Series D funding, according to a regulatory filing. Return backers include Greylock, RRE Ventures and Sutter Hill Venture Partners. It had previously raised $28 million since 2005. www.drobo.com
SEOUL (Reuters) – State-run Korea Development Bank said on Friday Lehman Brothers (LEH) was one of its options for acquisitions, reviving expectations that the U.S. investment bank might still bring in a large investor. “We are studying a number of options and are open to all possibilities, which could include (buying) Lehman,” a KDB spokesman […]
Altor, a private equity firm focused on mid-market opportunities in the Nordic region, has closed its third fund with EUR 2 billion in capital ommitments. Monument Group served as placement agent. PRESS RELEASE Five years after its foundation Altor has successfully held a first and final close of its third fund, Altor Fund III, at […]
Alex Rolfe has joined Alpine Investors as an investing partner. He recently received his MBA from Stanford, and has worked with both Golden Gate Capital and Bain & Co. www.alpine-investors.com