Scale Venture Partners (f.k.a. BA Venture Partners) has closed its latest fund with $400 million. It is the first fund since Scale spun out of Bank of America as an independent entity, and received limited partner commitments from such institutions as Credit Suisse, Key Capital, Lexington Partners, Liberty Mutual, Macquarie Global Private Equity Fund, Montague […]
CircuLite Inc., a Hackensack, N.J.-based developer of circulatory assist technology for the management of chronic heart failure, has raised $20 million in Series B funding. Foundation Medical Partners led the deal, and was joined by SB Life Science Ventures and return backers Forbion Capital Partners and Oxford Biosciences Partners. www.circulite.net
Flurry, a San Francisco-based provider of mobile email and RSS services, has raised $3.75 million in Series A funding. Draper Fisher Jurvetson and Draper Richards were joined by seed backer Borealis Ventures. www.flurry.com
AgInfo Global Link Inc., a Longmont, Colo.-based provider of information for the global food industry supply chain, has raised around $1.34 million in Series A funding led by Kinetic Capital, according to a regulatory filing. www.aginfo.com
Richardson Capital of Winnipeg, Canada has closed its second private equity fund with $720 million in capital commitments. The fund is focused on providing expansion and transition capital to middle-market Canadian businesses, many of which are family owned. www.richardsoncapital.com
Starent Networks Corp., a Tewksbury, Mass.-based provider of mobile multimedia infrastructure solutions, has filed for a $115 million IPO. It plans to trade on the Nasdaq under ticker symbol STAR, with Goldman Sachs and Lehman Brothers serving as co-lead underwriters. It has raised around $95 million in total VC funding since its 2000 inception, from […]
Impinj Inc., a Seattle-based provider of semiconductor and RFID technology, has raised $19 million in fifth-round question. AllianceBernstein led the deal, and was joined by return backers ARCH Venture Partners, GF Private Equity Group, Madrona Venture Group, Mobius Venture Capital, Polaris Venture Partners, Unilever Technology Ventures, UPS Strategic Enterprise Fund, VentureTech Alliance and the Viterbi […]
Movie Gallery Inc. (Nasdaq: MOVI) has agreed to acquire MovieBeam Inc., a Burbank, Calif.-based provider of on-demand movie services. No financial terms were disclosed. MovieBeam raised $52.5 million in Series A funding in 2005, from firms like Mayfield, Norwest Venture Partners, Intel Capital, Cisco and ABC. www.moviegallery.com www.moviebeam.com
Provigent, a Santa Clara, Calif.-based provider of system-on-a-chip solutions for the broadband wireless transmission market, has raised $16 million in fourth-round funding. Globespan Capital Partners was joined by return backers Sequoia Capital, Pitango Venture Capital, Magnum Communications Fund, Ascend Technology Ventures, Delta Ventures and Qualcomm co-founder Andrew Viterbi. www.provigent.com
Geni (f.k.a. Wikigenia), a West Hollywood, Calif.-based developer of a global family tree, has raised $10 million in Series B funding. Charles River Ventures led the deal, and was joined by return backer The Founders Fund. TechCrunch reports that the deal comes with a $100 million post-money valuation, whereas the $1.5 million Series A round […]