Stewart Kagan and Geoffrey Levin have joined law firm Cadwalader, Wickersham & Taft LLP as partners focused on private equity. Kagan was previously with Akin, Gump, Strauss, Hauer & Feld, while Levin was with Kirkland & Ellis. PRESS RELEASE Cadwalader, Wickersham & Taft LLP, one of the world's leading law firms, announced that […]
Randy Parker has joined HarbourVest Partners as a principal focused on investments in real estate private equity funds and related opportunities. He previously was a managing director of Composition Capital Partners, a Dutch real estate fund-of-funds manager. PRESS RELEASE HarbourVest Partners, LLC (the “Firm”), a leading global alternative investment firm, today announced that […]
Lionel Mestre and Roland Tricot have been named directors with Butler Capital Partners, a French private equity firm focused on distressed and special situations. Mestre has spent the past decade with PAI Partners, while Tricot had been with General Electric. PRESS RELEASE Butler Capital Partners, France's pre-eminent private equity firm focusing on distress and […]
StarCite Inc., a Philadelphia-based provider of on-demand meeting and event management solutions, has raised $15 million in new VC funding. Return backers include Internet Capital Group, TPG Ventures and Norwest Venture Partners. The company had previously raised around $36 million. PRESS RELEASE StarCite, Inc., the leading provider of on-demand meeting and event management […]
Cuill, a Menlo Park, Calif.-based search startup, has raised $25 million in second-round funding. Madrone Capital Partners led the round, and follows an $8 million Series A round from Tugboat Ventures and Greylock Partners. PRESS RELEASE Cuill, a stealth start-up with a new approach to search, announced today that the company has secured a second […]
RecycleBank, a Philadelphia-based company that partners with cities and businesses to reward households that recycle, confirmed that it has raised $30 million in Series B funding. The news had previously been reported by VentureWire. Kleiner Perkins Caufield & Byers led the round, and was joined by return backers RRE Ventures, Sigma Partners and The Westly […]
Heritage Pharma Ltd., a UK-based generic drug developer, has raised $10 million in Series A funding from McClendon Venture Co. and TLW Venture Co. PRESS RELEASE Heritage Pharma Ltd. (U.K.) and its wholly owned subsidiary, Heritage Pharmaceuticals Inc. (collectively “Heritage”), announced today the Company has consummated the private placement of Series A Preferred shares lead […]
Nirvanix, a San Diego-based developer of cloud storage platforms, has raised an undisclosed amount of VC funding from European Founders Fund. The company had previously raised around $29 million from firms like Intel Capital, Valhalla Partners, Windward Ventures and Mission Ventures. PRESS RELEASE Nirvanix, the premier “Cloud Storage” platform provider, today announced that it has […]
Pathway Medical Technologies Inc., a Kirkland, Wash.-based developer of endovascular treatments for peripheral arterial disease, has raised $24.5 million in Series C-1 funding. Return backers include HLM Venture Partners, Latterell Venture Partners, Oxford Bioscience Partners, Forbion Capital Partners and Giza Venture Capital. PRESS RELEASE Pathway Medical Technologies, Inc., an innovator of endovascular treatments for peripheral […]
Tenaska Power Fund has agreed to sell Holland Energy, a 665-megawatt generating station in Illinois, to Indiana electric cooperatives Wabash Valley Power and Hoosier Energy. No financial terms were disclosed for the deal, which are expected to close by January 2009. Read more