StudioNow, a Nashville, Tenn.-based online video editing company, has raised $1.5 million in Series A funding. Claritas Capital led the deal, and was joined by angels Fred Goad and Jim Kever. www.studionow.com
PTV Sciences, a Texas-based VC firm focused on life and material sciences, has closed its second fund with $190 million in capital commitments. It also has added two venture partners: Nancy Chang, former president and CEO of Tanox Inc.; and Stephen Slade, a fellow at the American Academy of Ophthalmology and the American College of […]
Infinia Corp., a Kennewick, Wash.-based provider of solar thermal engine technology, has raised $9.5 million in second-round. Participants include Equus Total Return, Idealab, Khosla Ventures, Vulcan Capital and return backer Power Play Energy LLC. www.infiniacorp.com
Earlybird Venture Capital of Germany has held a $70 million million first close for its fourth fund, according to a regulatory filing. It is targeting upwards of $340 million, with MA Private Equity Partners serving as placement agent. www.earlybird.com
Trellia Networks Inc., a Montreal-based provider of intelligent mobility solutions, has raised US$3.5 million in Series B funding from Solidarity Fund QFL and Skypoint Capital. www.trellia.com
Aegerion Pharmaceuticals Inc., a Bridgewater, N.J.-based drug company focused on cardiovascular and metabolic disease, has withdrawn registration of an IPO designed to raise upwards of $70 million. It blamed “market conditions” for the decision. Lehman Brothers had been serving as lead underwriter. Aegerion raised around $22.5 million in Series A funding in 2005 from firms […]
Sopheon PLC has agreed to acquire Alignent Software Inc., an Irvine, Calif.-based supplier of product and technology road-mapping software for complex global companies. The all-cash deal is valued at approximately $5.5 million. Alignent had raised VC funding from Horizon Ventures and Mission Ventures in 2005. www.sopheon.com www.alignent.com
Sigvion Capital is planning to raise up to $100 million for its second fund, according to VentureWire. The Chicago-based VC firm specializes in companies focused on therapeutics and drug-device combinations treat metabolic disease and cancer.www.sigvion.com
PROS Holdings Inc., a Houston, Texas-based provider of pricing and revenue optimization software, has set its proposed IPO terms to6.825 million common shares being offered at between $10 and 412 per share. If it prices at the high end, it would be valued at approximately $309.5 million. PROS plans to trade on the Nasdaq under […]
WASHINGTON (AP) – Blackstone Group would face a much bigger tax burden under legislation senators proposed Thursday, just days before the private-equity firm's co-founders stand to earn billions in an initial public offering of stock. The leaders of the tax-writing Senate Finance Committee introduced a bill that would tax as corporations all publicly traded partnerships […]