Genband Inc., a Plano, Texas provider of VoIP infrastructure solutions, has raised around $15 million in Series C funding at a post-money valuation of around $130 million. Return backers include Sevin Rosen Funds, Venrock Associates, Oak Investment Partners, Granite Global Ventures, Alcatel, Siemens Venture Capital and Telesoft Partners. GenBand has raised over $205 million in […]
Pulse Entertainment Inc., a San Francisco-based provider of digital media delivery solutions for Web and wireless platforms, has secured around $5.8 million of an $8.5 million Series 2 round. Return backers include Anthem Venture Partners and Draper Associates. Past backer Mobius Venture Capital is no longer a shareholder. Pulse has raised approximately $60 million in […]
CBS Corp. (NYSE: CBS) has acquired MaxPreps, a Cameron Park, Calif.
F&C Investments has held a Euro 112 million first close on a new private equity fund-of-funds focused on the European middle-markets. A final close on over Euro 200 million in expected later this year. www.fandc.com
Lake Pacific Partners of Chicago has sold meat processor Teepak Europe to VT Holdings of Finland. Lake Pacific previously had sold Teepak North America to Viscofan of Spain. No financial terms of either deal were disclosed. www.lakepacific.com
Eos Partners has closed its fourth mid-market buyout fund, with $600 million in capital commitments. The news was first reported by LBO Wire, and has since been confirmed to peHUB by Eos managing director Mark First. www.eospartners.com
Intarcia Therapeutics Inc., an Emeryville, Calif.-based drug company with lead candidates focused on hepatitis C and Type 2 diabetes, has raised $50 million in Series BB funding. New Leaf Venture Partners led the deal, and was joined by Quilvest Ventures and return backers New Enterprise Associates, Venrock Associates, Alta Partners, Omega Fund and Granite Global […]
Zopa Ltd., a London-based online marketplace for people to lend and borrow money, has raised $12.9 million in Series C funding. Bessemer Venture Partners led the deal, and was joined by fellow return backers Benchmark Capital and Wellington Partners. In other Zopa news, the company has named Douglas Dolton as its new CEO. He previously […]
Cellufun LLC, a New York-based operator of an online community for mobile game distribution, has raised $3 million from Longworth Venture Partners. www.cellufun.com
Prenova Inc., a Marietta, Ga.-based provider of energy management solutions, has raised $3 million in new VC funding from Siemens Venture Capital. The company has raised over $70 million in total venture capital since its 1997 inception. www.prenova.com