Southern Cross Venture Partners of Australia has opened an office in Palo Alto, California. PRESS RELEASE Southern Cross Venture Partners, a leading Australian venture capital firm, today announced the establishment of its Palo Alto office, marking its footprint in the heart of Silicon Valley. The Sydney-based firm, which closed its US$150 million (AUD$170m) fund […]
Second Rotation, a Waltham, Mass.-based online marketplace for resale of consumer electronics and gadgets, has raised $4.4 million in first-round funding. Venrock led the deal, and was joined by angels Austin Ligon, Ashton Peery and Henry Vogel. PRESS RELEASE Second Rotation, the destination for simplified selling of consumer electronics and gadgets online, today […]
Merrill Lynch announced that co-president and COO Ahmass Fakahany plans to leave, effective February 1. He had joined the firm in 1987. PRESS RELEASE Merrill Lynch & Co., Inc. (NYSE: MER) today announced that Ahmass L. Fakahany, 49, co-president and chief operating officer of Merrill Lynch, has informed the company of his decision […]
Imeem Inc., a Palo Alto, Calif.-based social media network, has acquired Anywhere.FM, a San Francisco-based Web music player and online radio service. No financial terms were disclosed. Imeem has raised around $5 million led by Morgenthaler Ventures, while anywhere.FM had raised some seed capital from individual angels and Y Combinator. PRESS RELEASE imeem, the […]
Votigo Inc., an Oakland
CS-Keys, an Indianapolis-based developer of cancer-specific biomarkers, has raised $6.25 million in Series A funding. Triathlon Medical Ventures led the deal, and was joined by Clarian Health Ventures, Prolog Venture, Ceres Venture Fund and Spring Mill Venture Partners. PRESS RELEASE CS-Keys, an Indianapolis-based company creating cancer-specific biomarkers using advanced proteomics for diagnostic and therapeutic […]
Clear2Pay NV, a Belgian provider of payment solutions for financial institutions, has raised EUR 10 million in new VC funding from existing shareholder Iris Capital. The company previously had raised around $40 million, from firms like Iris, Big Bang Ventures, Intel Capital, GIMV, Quest Management, AGF Private Equity and TrustCapital Partners. PRESS RELEASE […]
Virtual Iron Software Inc., a Lowell, Mass.-based provider of enterprise server virtualization solutions, has raised $20 million in fifth-round funding. Return backers include Highland Capital Partners, Matrix Partners, Goldman Sachs, Intel Capital and SAP Ventures. The company has now raised $65 million in total VC funding since 2003. PRESS RELEASE Virtual Iron Software […]
Christianna Wood has agreed to join Capital Z Asset Management as CEO, effective March 17. She currently is senior investment officer of global equities with CalPERS. In other Cap Z news, longtime partner Elizabeth Flissser has been promoted to president. PRESS RELEASE Capital Z Asset Management (CZAM) today announced that Christianna Wood, CalPERS Senior […]
Mig33, a Burlingame, Calif.-based mobile social network, has raised $13.5 million in Series B funding. DCM led the round, and was joined by return backers Accel Partners, Redpoint Ventures and Technology Venture Partners. The company had raised a $10 million Series A round last May. PRESS RELEASE mig33, the global mobile social network, today announced […]