PicoChip, a Bath, England-based provider of wireless silicon solutions, has raised $27 million in Series D funding. Highland Capital Partners led the deal, and was joined by return backers Atlas Venture, Pond Venture Partners, Scottish Equity, Rothschild, Intel and AT&T. www.picochip.com
PGP Corp., a Palo Alto, Calif.-based provider of enterprise data protection, has raised $27.3 million in Series C funding. Intel Capital and D.E. Shaw Group were joined by return backers DCM and Venrock Associates. www.pgp.com
Palo Alto Networks Inc., an Alviso, Calif.-based enterprise network security company, has raised $18 million in Series B funding, according to VentureWire. Globespan Capital Partners led the deal, and was joined by return backers Greylock Partners and Sequoia Capital. It has raised $28 million in total VC funding. www.paloaltonetworks.com
Morganthaler Ventures has invested $6 million into the new U.S. subsidiary of Danal Co., a Korean provider of cell phone-based payment solutions. Parent company Danal has committed an additional $3.5 million to the effort, which is based in San Jose, California.
PolyTherics Ltd., a London-based company that modifies existing drugs to improve their efficacy, has raised Gbp2.3 million in new VC funding. Longbow Capital led the deal, and was joined by The Capital Fund and Imperial Innovations. www.polytherics.co.uk
AlgoNomics NV, a Ghent, Belgium-based provider of immunogenicity screening services and tools, has raised Euro 1.5 million in VC funding. Baekeland Fund II led the deal, and was joined by the Gemma Frisius Fund, TrustCapital, VIB and the Flanders Institute for Biotechnology. www.algonomics.com
PixSense, a Santa Clara, Calif.-based provider of mobile photo and video management solutions, has raised an undisclosed amount of strategic funding from Qualcomm Ventures. It raised a $5.4 million Series A round late last year, co-led by ATA Ventures and Innovacom. www.pixsense.com
New Energy Capital Corp. has sold Iroquois Bio-Energy Company LLC, a 45 million gallon per year ethanol plant located in Rensselaer, Ind., to Babcock & Brown (ASX: BNB). No financial terms were disclosed. New energy owned 57% of the facility, and is funded by VantagePoint Venture Partners. www.newenergycapital.com
Sunshine Holdings Corp., a Scottsdale, Ariz.
Adam Aircraft, an Englewood, Colo.-based maker of twin-piston and jet airplanes out of carbon composite materials, has raised $105 million via a senior secured credit facility placed by Morgan Stanley Senior Funding. It previously raised $182 million in venture capital funding, from Goldman Sachs, DCM, Mesirow Financial, W Capital Partners, D.E.Shaw Laminar Portfolios, Acadia Woods […]