RICHARDSON, TX — Celion Networks, a private company designing and manufacturing optical networking products, announced today it
has secured $45 million in a second-round of financing led by Lehman Brothers Venture Capital Group.
Other leading companies who participated in the round include Corning Innovation Ventures, Intel Communications Fund, Global Innovation Partners and another investor.
Sequoia Capital, which led Celion’s first round last July, continued its support with another significant investment.
SAN MATEO, CA — CustomerAsset, a leading global CRM Services company, today announced that antfactory is leading the $9 Million
Series B round of funding in CustomerAsset. eVentures, is also participating in this round along with other strategic investors. In April 2000, eVentures, had invested $3.3 Million in CustomerAsset when the company launched its operations.
ALISO VIEJO, CA — SenoRx Inc., a private, development stage medical device company, focused on breast cancer, today announced the
successful completion of its third round of venture financing, raising $19 million.
The financing was led by MPM Capital and included CIT Venture Capital, Domain Associates, and the Mayfield Fund. Kurt Wheeler, general partner at MPM Capital, will join the
SenoRx board of directors as a part of the transaction.
SAN FRANCISCO — Transvirtual Technologies Inc. announced today it has secured $4 million in a private
equity-financing round led by H&Q Asia Pacific. Transvirtual, which has
developed a new information appliance communications platform named XOE, said
the investment solidifies its position in the embedded systems software
LONDON — Safeonline Ltd., the leading global manufacturer and distributor of digital risk insurance, today announces that it has secured a strategic investment from VeriSign, Inc, one of the world’s largest Internet trust services providers.
The two companies have had a strategic relationship for nearly two years, and this move further strengthens that relationship. VeriSign will benefit from Safeonline’s product development expertise as well as securing a sizeable stake in the company.
Safeonline will benefit from VeriSign’s experience in delivering global Internet trust services to the consumer and business markets. The funding will be used to further Safeonline’s global expansion and to accelerate product release and distribution to SMEs, corporate enterprises and specific vertical markets.
ATLANTA & ARCATA, CA — Crescent Capital Investments, Inc.,
has arranged the financing for the acquisition of Yakima Products, Inc. by
WaterMark, the world