Gevo Inc., a Pasadena, Calif.-based developer of advanced biofuels like butanol, has raised $17 million in Series C funding. Burrill & Co. and Malaysian Life Sciences Capital Fund were joined by return backers Khosla Ventures and Virgin Green Fund. The company has raised over $30 million since the beginning of 2007. www.gevo.com
SOA Software Inc., a Los Angeles-based provider of SOA and Web services management, security and governance solutions, has acquired LogicLibrary, a Pittsburgh-based SOA repository and governance vendor. No financial terms were disclosed. SOA has raised over $40 million in VC funding since 1998, from firms like Draper Fisher Jurvetson, Redpoint Ventures, Mellon Ventures, Paladin […]
GlobalLogic Inc., a Vienna, Va.?based provider of outsourced software product engineering services, has acquired Dalian 3CIS, a China-based software development company. No financial terms were disclosed. GlobalLogic has raised nearly $50 million in VC funding from firms like Sequoia Capital India, New Atlantic Ventures and New Enterprise Associates. PRESS RELEASE GlobalLogic, Inc., the leader […]
Emphasys Medical Inc., a Redwood City, Calif.-based medical device company focused on emphysema, has withdrawn its IPO registration due to “public market conditions.” It had planned to raise $86.25 million, with Morgan Stanley serving as lead underwriter. The company has raised around $80 million in VC funding since 2000, from firms like Advanced Technology Ventures […]
Greenhill & Co. has formed a private equity fund placement group. It will be run by Christopher Kirsten, who previously ran the private fund marketing group at Lehman Brothers. Also joining are Lehman vets Patrick Dunleavy, Neil Banta, Dave Brown and Meghan Kelly. PRESS RELEASE Greenhill & Co., Inc. (NYSE: GHL), a leading […]
Legatum and Omidyar Network have each committed $20 million to Unitus Equity Fund II, a nonprofit microfinance fund focused on the poor in developing nations. PRESS RELEASE Legatum and Omidyar Network announced today a USD 40 million co-investment in Unitus Equity Fund II (UEF II). Each firm will invest USD 20 million in the […]
Veran Medical Technologies, a developer of image-guided medical devices for minimally-invasive delivery of interventional oncology therapies, has raised $4.75 million in first-round funding. Prolog Ventures led the round, and was joined by Advantage Capital Partners and individual angels. The company also announced that it has relocated its headquarters from Nashville to St. Louis. PRESS […]
The Blackstone Group announced the formation of Blackstone Altius Advisors, an event-driven strategy focused on opportunities in the Asia-Pacific region. It will be led by Aaron Nieman, who previously was with S.A.C. Capital Management as a managing director in the Canvas Capital Management division. The deal also includes chief operating officer Christopher Pesce, who previously […]
Qosmos, a French provider of information extraction solutions based on deep packet inspection technology, has raised EUR 7 million in third-round funding. Backers include Sofinnova Partners, Alven Capital and GfK AG. PRESS RELEASE Qosmos, the industry leader in information extraction solutions based on advanced Deep Packet Inspection (DPI) technology, announced today that is has […]
Geoffrey Cockrell, Mark Kromkowski and Michael Lusk have joined McGuireWoods LLP as Chicago-based partners in the firm's private equity practice. All three previously were with Wildman Harrold. PRESS RELEASE McGuireWoods LLP announced it is expanding its Private Equity practice with the addition of three new partners in its Chicago office. The three partners, Geoffrey […]