CareParent Inc., a Palo Alto, Calif.-based online provider of elder care information and resources, has raised $6 million in Series A funding, according to a regulatory filing. Investors include DCM and Split Rock Partners.
Aerohive Networks Inc., a Santa Clara, Calif.-based developer of “cooperative control” wireless LAN access points, has raised $20 million in Series B funding. Kleiner Perkins Caufield & Byers led the deal, and was joined by return backers Northern Light Venture Capital and Lightspeed Venture Partners. Aerohive had raised a $4 million Series A round in […]
Cnano Technology Ltd., a Menlo Park, Calif.-based maker of carbon nanotubes, has raised $6 million in Series A funding at an $11.5 million post-money valuation. CMEA Ventures and Pangaea Ventures co-led the deal, and were joined by WI Harper. www.cnanotechnology.com
BridgeWave Communications, a Santa Clara, Calif.-based provider of gigabit wireless solutions, has raised $7.8 million in Series 3 funding. SDL Ventures and Intel Capital were joined by undisclosed return backers. The company previously had raised around $53 million from firms like JVP, MKS Partners, Oak Investment Partners and Seaflower Ventures. www.bridgewave.com
DecisionView Inc., a San Francisco-based provider of business performance optimization applications for the life sciences market, has raised $7 million in Series C funding. FirstVentury led the deal, and was joined by return backers Partech International and Granite Ventures. DecisionView has raised around $20.3 million in total VC funding since 2003. www.decisionviewsoftware.com
AmeriMark Direct LLC, a direct marketing company owned by JH Partners, has agreed to buy Dr. Leonard's Healthcare Corp. from Cortec Group, Baird Capital Partners and Golub Capital. The deal was first disclosed by Moody's Investors Services, which said that it includes $315 million in debt. Dr. Leonard's is an Edison, N.J.-based provider of direct […]
CMEA Ventures of San Francisco is raising up to $400 million for its seventh fund, according to a regulatory filing. Park Hill Group is serving as placement agent. CMEA raised $300 million for its sixth fund in 2003. www.cmeaventures.com
Goldman Sachs has formed a new program to invest in mid-market companies, according to LBO Wire. The effort is called GS Direct, and will focus on companies with enterprise values of between $500 million and $2 billion. www.gs.com
David Malm has joined Webster Capital as a managing director. He previously served as a co-founding partner with Halpern, Denny & Co. He remains listed on the Halpern Denny website, but was cited as a Webster managing director in a press release announcing Webster's buyout of Comfort Keepers. www.webstercapital.com
Stuart Bressman has joined Proskauer Rose as a New York-based partner focused on capital markets transactions. He previously was co-chair of the corporate and securities group of Thelen Reid Brown Raysman & Steiner. www.proskauer.com