Josh Goldman has joined Norwest Venture Partners as a venture partner, with a focus on consumer-facing Internet products. He previously was CEO of Akimbo Systems Inc. and, before that, was an entrepreneur-in-residence with Sprout Group. www.nvp.com
Metacafe Inc., a Palo Alto, Calif.-based video sharing website, has raised $30 million in second-round funding. Highland Capital Partners and DAG Ventures co-led the deal, and were joined by return backers Accel Partners and Benchmark Capital. Metacafe raised a $15 million first round last summer. www.metacafe.com
Building B, a Belmont, Calif.-based digital media company, has raised $17.5 million in first-round funding. Backers include Index Ventures, Omni Capital, Morgenthaler Ventures and individual angels. Building B is developing a turnkey home video entertainment solution that integrates traditional television content in HDTV with on-demand premium content and Internet video — delivered to the living […]
Exabre, a UK-based provider of online music recommendation service The Filter, has raised $5 million in VC funding. Backers include Eden Ventures and musician Peter Gabriel. www.thefilter.com
Diligent Technologies Corp., a Framingham, Mass.-based provider of enterprise-class de-duplication and data protection solutions, has raised $10.5 million in Series D funding. Eastward Capital was joined by return backers Matrix Partners, Accel Partners and Gemini Israel Funds. Diligent has now raised $46.5 million in total VC funding since 2002. www.diligent.com
AlarmPoint Systems, a Pleasanton, Calif.-based provider of IT event notification and resolution solutions, has raised $4.5 million in Series C funding led by JMI Equity. It also secured $3 million in term financing from Bridge Bank. www.AlarmPoint.com
BioForm Medical Inc., a San Mateo, Calif.-based developer of an injectable dermal filler for aesthetic improvement, has filed for a $115 million IPO. It plans to trade on the Nasdaq under ticker symbol BFRM, with JPMorgan and Piper Jaffray serving as co-lead underwriters. The company has raised nearly $65 million in total VC funding since […]
NEW YORK (AP) – Search site operator Google Inc. has taken a stake in popular Chinese community Web site Tianya.cn, a company spokeswoman confirmed Monday. Google spokeswoman Courtney Hohne said the company is not disclosing the amount or date of its investment, or the size of the stake it holds in the company, but said […]
Hummer Winblad Venture Partners is nearing a $200 million final close on its sixth fund. It already has closed on $183.5 million in commitments, and has made three investments. www.humwin.com
NeurAxon Inc., a drug company focused on pain management, has raised $32 million in Series B funding. Delphi Ventures and Orbimed Advisors co-led the deal, and were joined by return backers BDC Venture Capital, Genesys Capital Partners, H.I.G. Ventures, NeuroVentures Fund and Ventures West Capital. The company has offices in both Waltham, Mass. and Toronto. […]