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PE Week Wire — 9/19/06

InvesTools Inc. (Nasdaq: IEDU) has agreed to acquire ThinkorSwim Group Inc., operator of an online brokerage platform. The deal is valued at approximately $340 million, including $170 million in cash and 19.1 million IEDU common shares (30% stake). To help fund the deal, InvesTools will receive a $125 million senior term loan and a $25 million revolving credit facility from JPMorgan. TwinkorSwim raised $22.5 million in VC funding in 2004 from Technology Crossover Ventures.

DATAllegro, an Aliso Viejo, Calif.-based provider of data warehousing appliances, has raised $22.5 million in Series C funding. Jafco Ventures led the deal, and was joined by Focus Ventures and return backers Adams Capital Management, Intel Capital, Palomar Ventures and Venrock Associates.

Jim Kilts, former chairman and CEO of The Gillette Co., has joined Centerview Partners as a founding partner focused on building out a consumer-focused private equity effort. Centerview is a recently-launched New York boutique co-founded by Stephen Crawford (Morgan Stanley), Blair Effron (UBS) and Robert Pruzan (Dresdner Kleinwort Wasserstein). 

    VC Deals

Intermolecular Inc., a San Jose, Calif.-based nanotech company, has raised $27.62 million in Series C funding, according to a regulatory filing. Return backers include CMEA Ventures, Redpoint Ventures and U.S. Venture Partners.

Solaria Inc., a Fremont, Calif.-based developer of photovoltaic module production solutions, has raised $22 million in Series B funding. Backers include Sigma Partners, NGEN Partners, Q-Cells AG Moser Baer.

Netadmin, a Sweden-based provider of management software for broadband operators, has raised SEK 44 million ($6.06 million) from Eqvitec.

Dexterra Inc., a Bothell, Wash.-based provider of mobile workforce and field service software, has raised $6 million in additional Series D funding, according to a regulatory filing. This brings the round total to $18 million. Backers include Canaan Partners, Motorola Ventures, Intel Capital, SagusCapital and Sigma Partners.

SoonR Inc. of Campbell, Calif. has raised $6 million in Series A funding. Clearstone Venture Partners led the deal, and was joined by Intel Capital. The company enables mobile access to PC-based information and applications from any cell phone over any carrier network.

Canesta Inc., a Sunnyvale, Calif.-based developer of chips that help computers measure 3D spaces, has raised $5 million in venture capital from Honda Strategic Ventures. Canesta has raised over $40 million in total VC funding, from firms like Carlyle Venture Partners, Venrock Associates, JPMorgan Partners and Korea Global IT Fund.

Cyren Call Communications Inc., a McLean, Va.-based provider of a mobile communications network for public safety and emergency responders, has raised $4 million in Series A funding, according to a regulatory filing. Backers include Columbia Capital, Battery Ventures, Oak Investment Partners and New Enterprise Associates.

Ludesi AB, a Swedish provider of bioinformatics solutions to the life science industry, has raised SEK 25 million ($3.44 million) from InnovationsKapital. Existing Ludesi shareholders include ForetagsByggarna and the Sixth AP Fund.

    Buyout Deals

KKR is considering a revised offer for Australian retailer Coles Myer, which already has rejected a Au$17 billion bid. Coles Myer releases earnings today, and The Australian Financial Review reports that KKR has scheduled a conference call with its consortium