AtTask Inc., an Orem, Utah
Scribid.com, a San Francisco-based document-sharing website, has raised $3.7 million in Series A funding. Redpoint Ventures led the deal, and was joined by angel fund Kinsey Hills Group. www.scribid.com
Beijing Chemclin Biotech Co. Ltd., a Beijing-based medical diagnostics startup, has raised $5 million in VC funding. WI Harper Group and Siemens Venture Capital co-led the deal, and were joined by Softbank China Venture Capital. www.chemclin.com
HipCricket Inc., a Bellevue, Wash.-based mobile marketing company, has raised $6 million in Series B funding led by Broadmark Capital. www.hipcricket.com
Nanotech Semiconductor Ltd., a Bristol, England-based fabless IC company, has raised $2.5 million in additional Series A funding. The round total now stands at $8.5 million. Backers include Pond Venture Partners, Atlantic Bridge and company founder and CEO Gary Steele. www.nanosemi.co.uk
Vocel Inc., a San Diego-based developer of wireless push marketing services, has raised an undisclosed amount of strategic funding from Motorola Ventures. www.vocel.com
Genstar Capital has closed its fifth fund with $1.55 billion in capital commitments. Park Hill served as placement agent. Genstar is a San Francisco
Artificial Muscle Inc., a Menlo Park, Calif.-based maker of actuator components based on electroactive polymer artificial muscle technology, has raised $20 million in Series B funding. AllianceBernstein led the deal, and was joined by Micron Technology Inc., Parker Hannifin Corp., CTTV Investments and return backers Arch Venture Partners, NGEN Partners and Vanguard Ventures. Artificial Muscle […]
NEW YORK (AP) – Surprising strength in the nation's service economy, coupled with recent data showing the manufacturing sector is humming, suggest the broader economy may be shaking off slumps in the housing and automotive industries. The Institute for Supply Management, based in Tempe, Ariz., said Tuesday its index of business activity in the non-manufacturing sector […]
Starent Networks Corp., a Tewksbury, Mass.-based provider of mobile multimedia infrastructure solutions, raised $126.4 million in its IPO. The company priced 10.5 million common shares at $12 per share ($9-$11 range), with a subsequent market cap of $749 million. It will trade on the Nasdaq under ticker symbol STAR, while Goldman Sachs and Lehman Brothers […]