Rohini Chakravarthy has joined New Enterprise Associates as a principal. She will be based in Menlo Park, and focus primarily on IT opportunities. Chakravarthy previously was with Cisco Systems, as head of wireless corporate business development. www.nea.com
Overture Networks Inc., a Morrisville, N.C.-based maker of high-speed networking equipment, has raised $12.3 million in third-round funding. Lehman Brothers Venture Partners led the deal, and was joined by return backers like Intersouth Partners. Overture will use the capital to expand marketing in Europe and to develop new products. www.overturenetworks.com
Four Interactive, a Bangalore-based online local information company, has raised $10 million in Series B funding, according to the VC Circle blog. Lightspeed Venture Partners led the deal, and was joined by Silicon Valley Bank and Matrix Partners India. www.fourint.com
ConsumerPowerline Inc., a New York-based provider of energy demand response solutions, has raised $17 million in Series A funding. Expansion Capital Partners led the deal, and was joined by Bessemer Venture Partners, Schneider Electric Ventures, the New York City Investment Fund and Vantania Holdings. ConsumerPowerline was advised on the deal by Consensus Business Group. www.consumerpowerline.com
Mashery, a San Francisco-based provider of services that help companies support and manage access to web services and data via an API, has raised an undisclosed amount of second-round funding. Formative Ventures and The Accelerator Group were joined by return backer First Round Capital. www.mashery.com
Octavian Inc., an Israel-based provider of wealth and investment management software, has raised $10 million in second-round funding. Vertex Venture Capital was joined by return backers Carmel Ventures and Gemini Israel Funds. www.octavian-tech.com
Astra Tech AB, a Swedish med-tech subsidiary of AstraZeneca PLC, has acquired Atlantis Components Inc., a Cambridge, Mass.
Sugar Inc., a San Francisco-based blog publisher, has acquired ShopStyle Inc., a Los Altos, Calif.-based social shopping website. Sugar has raised more than $5 million in VC funding from Sequoia Capital and NBC Universal Digital Media. www.sugarpublishing.com www.shopstyle.com
Corium International Inc., a Menlo Park, Calif.-based transdermal drug delivery company, has raised $25.1 million in Series C funding. Essex Woodlands Health Ventures led the deal, and was joined by Quantum Technology Partners, Aphelion Capital and an undisclosed strategic investor. Corium also has set terms with Essex Woodlands on a $15.2 million Series D round […]
Quellan Inc., a Santa Clara, Calif.-based provider of analog signal processing and RF noise cancellation, has raised $20 million in Series C funding. W.L. Gore & Associates and Jafco were joined by return backers Menlo Ventures, Yamacraw Capital Seed Fund, Cordova Ventures, Samsung Ventures America, and VentureTech Alliance. Analog semiconductor industry veteran Robert Dobkin also […]