Vringo, a Jerusalem-based provider of video ringtone sharing solutions, has raised $12 million in Series B funding. Warburg Pincus led the round, with principal George Allen joining the Vringo board of directors. www.vringo.com
Novarra Inc., an Itasca, Ill.�based provider of mobile Internet browsing software, has raised $50 million in Series E funding. Return backers JK&B Capital led the deal, and was joined by strategic backer Qualcomm. Get the exclusive story at peHUB.
ExpoTV, a New York-based provider of consumer-generated video product reviews, has raised an undisclosed amount of VC funding from DFJ Gotham Ventures. Existing backers include Masthead Venture Partners and Prism VentureWorks. www.expotv.com
Bruno Deschamps has agreed to join 3i Group as a partner and managing director for the firm's French activities. He has spent the past five years as a partner with Clayton, Dubilier & Rice. 3i had been without a France chief since last fall, when Guy Zarzavatdjian was put in charge of the firm's growth […]
Antonio Casari has joined hedge fund Magnetar, where he will work on the firm's UK private equity team. He previously was a director on the leveraged finance team at Lehman Brothers.
Global Life Science Ventures has promoted Stephen McCormack to managing director. He had joined the firm's Zug, Switzerland office in May 2006, and became a partner that November. www.glsv-vc.com
PayScale Inc., a Seattle-based provider of online compensation and benefits data, has raised $1.5 million in Series C funding from SAP Ventures. This closes the round out at $10.3 million, including prior infusions from Allen & Co., Corporate Executive Board, Trinity Ventures, Madrona Venture Group, Fluke Venture Partners and Buerk Dale Victor. www.payscale.com
Larry Kramer, former founder and CEO of CBS Marketwatch, has joined Polaris Venture Partners as a senior advisor. He later served as president of digital media at CBS. www.polarisvp.com
Dr. Alan Levy has joined Frazier Healthcare Ventures as a venture partner focused on opportunities in the medical device space. He previously served as founder, president and CEO of Northstar Neuroscience (Nasdaq: NSTR) and, before that, was president and CEO of Heartstream. www.frazierhealthcare.com
Auto Meter Products Inc., a Sycamore, Ill.-based portfolio company of Harbour Group, has acquired Dedenbear Products Inc., a Pleasant Hill, Calif.-based maker of electronic and mechanical products for competitive drag racers. No financial terms were disclosed. www.autometer.com www.dedenbear.com