RESEARCH TRIANGLE PARK, NC — WinCom Systems Inc., an Internet infrastructure company, today announced it has secured $32.9 million in second round funding from Crosspoint Venture Partners and TPG Ventures. WinCom Systems has developed an entirely-new class of infrastructure equipment which will revolutionize the data center network and will use the funding to drive this […]
PALO ALTO, CA – Wilson Sonsini Goodrich & Rosati (WSGR), the nation’s leading technology law firm, announced today that Robert S. Fore has joined the firm as a Partner in the Fund Services Group, which provides legal services and counsel to venture capital and other private equity funds. Fore comes to WSGR from the Bank […]
NEW YORK — Translations.com Inc., a leader in the field of Web site globalization and language solutions, today announced that the company has closed its first round of Series A financing. Deutsche Asset Management, through its affiliate Deutsche Bank Sharps Pixley, Inc., led the financing round with an investment of $2.5 million. Other investors in […]
SUNNYVALE, CA — AAMA, one of the oldest and largest business networking associations linking the Silicon Valley and Asia, announces the election of Ken Hausman to its Board of Directors. Hausman joins a diverse board of 12 members, a group of successful technology entrepreneurs that are collectively a microcosm of Silicon Valley with heritage from […]
NEWTON, MA
LAVAL, CANADA — The Solidarity Fund QFL and Innovatech Grand Montreal today announced respective investments of $2.5 million and $1.5 million in Amphitech International inc., a Laval-based company that has designed an airborne obstacle awareness radar system for helicopters. These investments complete the $5 million transaction, entered into with other private investors, who have injected […]
WASHINGTON DC –The Grosvenor Funds, a Washington, DC-based early stage venture capital firm, announces that Steven J. Bottum, formerly a partner with Thomas Weisel Partners, has joined The Grosvenor Funds as a Managing Partner and head of The Grosvenor Funds
PRINCETON, NJ — Qusion Technologies, an optical component manufacturer aiming at monolithic integration of all optical components on a single chip, announced today that it had closed its first round of venture capital funding. The $9.25 million raised in this first round will enable Qusion to accelerate development and production of its integrated components fabricated […]
SEATTLE & MENLO PARK, CA — Mohr, Davidow Ventures (MDV), an early stage venture capital firm recognized by entrepreneurs for its formative hands-on guidance, today announced the addition of Bill Gossman as a venture partner in MDV’s Pacific Northwest office. Gossman will apply his extensive corporate and startup experience to help grow and develop MDV’s […]
SOMERSET, NJ — Dynamic Mobile Data Systems, Inc. (DMD), a leading wireless application service provider, announced today that it has raised $10 million in series B equity financing. New investor Hudson Ventures led the round, which also included new investor LibertyView Equity Partners and previous investors Argentum Capital Partners, First Analysis and individual investors. The […]