PE Week Wire — 8/7/06

NewMarket IT, an Austin, Texas-based provider of data erasure, remanufacturing, remarketing and recycling of personal computers, has raised $50 million in first-round funding from Catterton Partners. www.newmarketit.com

Elevation Partners has acquired a minority position in Forbes Media LLC, publisher of Forbes magazine, Forbes.com and other business media properties. No financial terms were disclosed. JPMorgan Securities advised Forbes on the transaction. www.elevation.com www.ForbesInc.com

Alien Technology Corp., a Morgan Hill, Calif.-based provider of radio frequency identification products and services, has withdrawn its proposed $138 million IPO. It had plans to trade on the Nasdaq, with Bear Stearns serving as lead underwriter. Alien Technology has raised around $229 million in total VC funding since its 1999 inception, from firms like Advanced Equities, Sevin Rosen Funds, New Enterprise Associates, Rho Ventures and CMEA Ventures. www.alientechnology.com

    VC Deals

Cabrellis Pharmaceuticals Corp., a San Diego-based spinout from Conforma Therapeutics (sold to Biogen), has raised $27.5 million in Series A funding. Backers include Domain Associates, Forward Ventures, Lilly Ventures, Novo A/S, ProQuest Investments, RBC Capital Partners, RiverVest Venture Partners and S.R. One Ltd. Proceeds will be used to advance clinical development of a third-generation anthracycline that currently is in Phase II testing. www.cabrellis.com

Maven Networks Inc., a Cambridge, Mass.-based provider of broadband video channel solutions, has raised $12 million in Series C funding. Prism Venture Partners led the deal, and was joined by return backers Accel Partners and General Catalyst Partners. Maven has now raised around $30 million in total VC funding since its 2002 founding. www.maven.net

BioStorage Technologies Inc., an Indianapolis-based provider of biomaterial storage, inventory management and cold-chain logistics, has raised $5 million in Series A funding. Radius Ventures led the deal, and was joined by seed backer Twilight Venture Partners. www.biostoragetech.com

Wireless China Inc., a Beijing-based provider of an SMS-based mobile internet platform to China Mobile, has raised $1.2 million in first-round funding from Dragonvest Partners and Kodiak Venture Partners.

RapLeaf Inc., a San Francisco-based operator of an ecommerce site for referrals, has secured $670,000 of a $1.2 million Series A round led by The Founders Fund, according to a regulatory filing. www.rapleaf.com

    Buyout Deals

 

Cinven reportedly has agreed to acquire Italian aircraft engine maker Avio SpA from The Carlyle Group and Finmeccanica for around