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News Briefs

Cellerant Therapeutics Inc., a Palo Alto, Calif.-based developer of blood-forming stem cell-based therapies for cancer, genetic blood disorders and autoimmune diseases, has secured $4.4 million of a $5 million Series B round, according to a regulatory filing. Backers include Camelot Ventures and MPM Capital. www.cellerant.com
Bryan Stolle has joined Mohr Davidow Ventures as a partner. He is the co-founder of former MDV portfolio company Agile Software. www.mdv.com
Adconion Media Group, a Munich-based online advertising network, has raised an undisclosed amount of Series A funding from Wellington Partners. www.adconion.com
Garlik Ltd., a UK-based provider of personal online identity management and security, has raised Gbp6 million in Series B funding from return backers 3i Group and Doughty Hanson Technology Ventures. www.garlik.com
3i Group has sold its position in British commercial insurance broker Smart & Cook to AXA UK, for an undisclosed amount. 3i originally invested in Smart & Cook in March 2004, and later provided additional capital to support acquisitions. www.3i.com
Orexigen Therapeutics Inc., a San Diego-based neuroscience company focused on the treatment of obesity, priced seven million common shares at $12 per share, for an IPO take of approximately $84 million. It had originally filed to sell six million shares at between $11 and $13 per share. Orezigen will trade on the Nasdaq under ticker […]
Edenor, the largest electricity distribution company in Argentina, priced around 15.16 American depository shares at $17 per share ($16-$18 range), for a U.S. IPO take of approximately $258 million. It will trade on the NYSE under ticker symbol EDN, while Citigroup and JPMorgan served as co-lead underwriters. Shareholders include New Energy Ventures, which is affiliated […]
The Pennsylvania State Employees' Retirement Board has approved commitments to the following funds: Battery Ventures VIII ($40m), SB Energy Partners I ($25m), Asia Alternatives Capital Partner ($50m), Highland Consumer Fund ($25m) and Energy Spectrum Partners V ($30m). It also has extended interview invitations to CID Greater China Fund II, Founders Fund II and W Capital […]
Jai Hakhu has joined Golden Gate Capital as a senior advisor. He most recently was a corporate vice president and general manager at Intel Corp., and previously served as a vice president at both Rockwell International and at Varian Semiconductors. www.goldengatecap.com
Ponte Solutions Inc., a Mountain View, Calif.-based DFM solutions company, has raised $7.5 million in Series B funding. Mayfield led the deal, and was joined by return backer U.S. Venture Partners. It has raised $17 million in total VC funding. www.pontesolutions.com
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