Worldwide Biggies Inc., a New York-based developer of digital entertainment for kids, families and young adults, has raised $9 million in Series A funding. NBC Universal and Platform Equity co-led the deal, and were joined by Hearst Corp., Greycroft Ventures and Prism VentureWorks. The company is led by Albie Hecht, former president of both Nickelodeon […]
Conner Steel Products Inc., a San Angelo, Texas-based manufacturer of above-ground storage tanks for the oil and gas industry, has acquired Aggregate Plant Products Co., a San Antonio-based provider of material handling equipment for the oil and gas well fracturing services business. Conner Steel is a portfolio company of Empeiria Capital. Terms were not disclosed.
F5 Networks Inc. (Nasdaq: FFIV) has agreed to acquire Acopia Networks Inc., a Lowell, Mass.
BioProcessors Corp., a Woburn, Mass.-based developer of micro-engineered solutions for biopharmaceutical process development applications, has raised $10.01 million in Series C funding at a post-money valuation of approximately $68 million. Life Sciences Partners was joined by return backers Healthcare Ventures, HLM Venture Partners, New Science Ventures and Oxford Bioscience Partners. This is the company's second […]
Kinemed Inc., an Emeryville, Calif.-based drug company whose lead compound is designed to help treat ALS, has raised $15 million in convertible note funding. Stanford Financial Group led the deal, while Ledgemont Capital served as placement agent. www.kinemed.com
LiteScape Technologies Inc., a Redwood Shores, Calif.-based developer of unified communications applications, has raised $14 million in Series B funding. Vedanta Capital led the deal, and was joined by T-Venture and return backers SoftBank Capital, TeleSoft Partners and Blumberg Capital. www.litescape.com
AmieStreet, a New York-based digital music startup that prices songs based on artist popularity, has raised an undisclosed amount of first-round funding led by Amazon.com.
SureFire LLC, a Fountain Valley, Calif.-based maker of flashlights and high-end tactical equipment, has raised an undisclosed amount of growth equity funding from Broadsword Partners, Brooklyn NY Holdings and Goldman Sachs. www.surefire.com
Allen-Vanguard Corp. (TSX: VRS) has agreed to acquire Med-Eng Systems Inc. for Cnd$600 million, plus another Cnd$50 million in excess working capital. The sellers are two undisclosed venture capital firms. Med-Eng is an Ottawa-based maker of explosive ordnance disposal equipment. www.med-eng.com
Francis Leung has joined CVC Capital Partners Asia Pacific as a senior advisor focused on opportunities in Greater China. He resigned as Asia chairman for Citigroup Global Markets in February. www.cvc.com