PALO ALTO, CA — Technology Crossover Ventures (TCV) today announced that Amy Vernetti has joined the firm as a General Partner. Previously with Garage.com, Vernetti brings over 9 years of executive recruiting and strategy experience to TCV. Prior to TCV, Vernetti was the “Human Capitalist” at Garage.com, the leading venture capital investment bank. Vernetti created […]
ROTTERDAM — European online and wireless digital content syndication startup YourNews NV said June 12 it closed a
SAN FRANCISCO — Groxis, Inc., a next generation information and knowledge management software company today announced the addition of R.J. Pittman as CEO and member of the company’s founding team and board of directors. Mr. Pittman is founder and Managing Director of Venture Factory Partners, a San Francisco-based venture capital firm. He has led investments […]
ANDOVER, MA — CMGI Inc. (Nasdaq: CMGI) today reported net revenue of $301.0 million for the third quarter ended April 30, 2001, a 29% increase compared with the third quarter of fiscal 2000 and a 12% sequential decrease in quarterly revenue. Excluding the effects of charges related to depreciation, amortization of intangible assets and stock-based […]
CAMBRIDGE, MA — BioVentures II-Group of Funds managed by MPM Capital announced today the acquisition of a major ownership stake in Biovitrum AB, a Stockholm (Sweden) based biotechnology company formed by Pharmacia Corporation. MPM co-led the transaction with Nordic Capital, a leading private equity firm based in Stockholm. Additional investors include MPM BioEquities, Karolinska Investment, […]
NEW YORK — Hypnotic and Nibblebox announced today that they have completed their merger and closed a significant round of financing, led by Hypnotic’s initial investor Vivendi Universal, the second largest media company in the world, and the media group of Dresdner Kleinwort Capital, the private equity arm of the investment bank, Dresdner Kleinwort Wasserstein. […]
HOUSTON — DataCert Inc., a leading provider of e-Business services, announced today the successful completion of its Series B funding. DataCert raised $5 million from strategic and venture investors as well as individuals in the technology industry. UPS, Palmetto Partners, Ltd., Kestrel Document Services, Ltd. and individual investors participated in the funding. ATLANTA — Pirelli […]
CHICAGO — William Blair Capital Partners (“WBCP”) recently held a final closing of more than $400 million on William Blair Capital Partners VII (“WBCP VII”), exceeding that of its predecessor partnership raised in 1998 by nearly 50%. WBCP invests across the full spectrum of private equity situations — venture capital and later stage investments, including […]
WILLIAMSTOWN, MA — The managers of The Berkshires Capital Investors, a venture capital firm based here with $21MM under management, and Village Ventures, Inc. will collaborate to establish an early-stage venture capital fund to invest in companies in the Capital Region of New York state. BCI fund managers Russ Howard and Brad Svrluga said they […]
IRVINE, CA — Micro Therapeutics Inc. (Nasdaq: MTIX) announced today that it has received a $56 million financing commitment from Micro Investment LLC, a limited liability company managed by Warburg, Pincus Equity Partners, L.P. This financing will support Micro Therapeutics’ (MTI) ongoing clinical, marketing and new product development programs, principally for the company’s innovative Onyx(TM) […]