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News Briefs

BOULDER, CA — Walter T. G. Lee, General Partner of the Silicon Valley venture capital firm AltoTech Ventures, LLC., has been named to the Board of Directors of Pure Matrix, Inc. (www.purematrix.com), effective immediately. The appointment of Mr. Lee was announced today by Douglas W. Holbrook, Senior Vice President of Pure Matrix, Inc., a developer […]
DALLAS — Vortex Partners LP today announced that it has added two new general partners, Dr. Robert J. Miles and Mr. Victor Liu, both formerly with Sevin Rosen Funds, to help direct the fund’s investments. Dr. Miles will concentrate upon investment opportunities in next-generation communications, particularly optical networking and breakthrough technologies. Mr. Liu will focus […]
FOSTER CITY, CA & MUNICH, GERMANY — — BigMachines, Inc., the definitive provider of eBusiness for Engineered Systems software enabling companies to configure and sell complex products online, today announced it has closed its Series B round and secured an additional $29 million in capital from global investors Vista Equity Partners (a San Francisco-based private […]
HONG KONG — Diyixian.com Ltd., Greater China’s leading IP carrier with a strong and widespread presence in the region’s Internet landscape, today announced that it has completed a HK$100 million-plus financing with institutional investors as part of its region-wide consolidation process, accompanied by the appointment to its board of directors of two globally reputed IT […]
ATLANTA — Charles H. Ogburn joins Crescent Capital Investments, Inc. as an Executive Director. Mr. Ogburn spent the past 15 years with Robinson-Humphrey Company where he was Senior Managing Director and co-head of investment banking. At Crescent Capital, Mr. Ogburn will be busy finding and closing new deals and performing administrative functions. NEW YORK — […]
SAN FRANCISCO — Golden Gate Capital, a newly formed private equity firm, today announced the closing of its initial fund totaling $700 million. Golden Gate Capital will seek to partner with management of privately and publicly held companies to pursue buyouts, recapitalizations, leveraged build-ups and growth equity investments in high-growth, change-intensive businesses. Transaction sizes will […]
NEW YORK — The Auda Group, a leading international investment advisor that specializes in alternative investments for U.S. and European institutions and high net worth investors, announced the closing of its $185 million fund-of-funds, Auda Ventures L.P. This partnership is Auda’s sixth private equity fund-of-funds and focuses on investments in top-tier venture capital funds. Auda […]
MARLBORO, MA — Conversent Communications, LLC, an Integrated Communications Provider (ICP), today announced it has secured $186 million in a second round of funding led by FleetBoston Financial and CIT Lending Services. The investment is comprised of $105 million in senior secured debt committed by Fleet, CIT, GE Capital Corporation, IBM Credit Corporation, and Bank […]
ANDOVER, MA — CMGI, Inc. (Nasdaq: CMGI), a leading global Internet operating and development company, today announced that its Board of Directors has reconfirmed its support for @Ventures, the company’s venture capital affiliate, acknowledging the key role that continued investment in new technologies plays in CMGI’s larger business model. In recent months, @Ventures has realigned […]
IRVINE, CA TransDimension announced that it has received $13 million in series B financing, bringing the total equity investment in the company to $15.5 million. Shelter Capital Partners led the round, which also included Alcatel Ventures and Rolling Oaks Capital. The funding will be used to accelerate development and marketing of the company’s new USB […]

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