Lithium Technologies Inc., an Emeryville, Calif.-based provider of on-demand online community solutions, has raised $9 million in Series A funding. Shasta Ventures and Emergence Capital Partners co-led the deal, with Shata's Ravi Mohan and Emergence's Gordon Ritter joining the Lithium board of directors. www.lithium.com
Eltek Energy, a subsidiary of listed Norweigen telecom company Eltek Group, has agreed to acquire Valere Power Inc., a Richardson, Texas-based provider of power supply solutions for communications providers. The combined company will be called Eltek Valere, and is expected to “investigate a separate listing of the company in the US or another major global […]
RainDance Technologies Inc., a Guilford, Conn.-based nanotech company that is developing a platform for droplet-based microfluidics, has raised $23.66 million in Series B funding. Backers include Mohr Davidow Ventures, Pequot Capital (via Acadia Wood Partners) and JDS Capital. www.raindancetechnologies.com
Cybernet-SlashSupport (CSS), a San Jose, Calif.-based provider of outsourced technology operations management, has raised $25 million in second-round funding led by Goldman Sachs. www.csscorp.com
Shocking Technologies Inc., a San Jose, Calif.-based provider of voltage switchable dielectric materials to the semiconductor and electronics industries, has raised $7 million in Series A funding. ARCH Venture Partners and ATA Ventures co-led the round. www.shockingtech.com
SecureInfo Corp., a McLean, Va.-based provider of information assurance solutions, has raised $5 million in Series C funding. Insight Venture Partners led the deal, and was joined by fellow return backer Nortel Networks. The company has now raised $26.5 million in total VC funding. www.secureinfo.com
First Data Corp. (NYSE: FDC) has agreed to acquire FundsXpress, an Austin, Texas-based provider of online banking and bill payment services for consumers and small businesses. No financial terms were disclosed. FundsXpress was advised by Lane Berry & Co., and has raised $80 million in total VC funding from firms like Warburg Pincus, Beacon Partners, […]
SoundBite Communications Inc., a Burlington, Mass.-based provider of on-demand automated voice messaging solutions, has filed for a $69 million IPO. It plans to trade on the Nasdaq under ticker symbol SDBT, with Cowen & Co. and Thomas Weisel Partners serving as co-lead underwriters. The company has raised around $30.4 million in VC funding since 2000, […]
NeurogesX Inc., a San Carlos, Calif.-based drug company focused on pain management therapies, has set its proposed IPO terms to 4 million common shares being offered at between $13 and $15 per share. It plans to trade on the Nasdaq under ticker symbol NGSX, with Morgan Stanley serving as lead underwriter. The company has raised […]
Semprius Inc., a Durham, N.C.-based developer of transfer printing technology for the manufacture of advanced semiconductor devices, has raised $4.1 million in Series A funding. Arch Venture Partners and Intersouth Partners co-led the deal, and were joined by seed backer Illinois Ventures. www.semprius.com