Private Equity Week Wire for Thursday 10/26

ATLANTA —, the leading business-to-business (B2B) electronic marketplace for commercial property owners, managers and suppliers, secured a $5 million investment from First Union Capital Partners of Charlotte, NC. The funding brings the total of the company’s Series B financing to $40 million. The First Union Capital Partners’ investment follows the previously announced $25 million funding secured in September 2000 from Constellation Real Technologies, a consortium of the nation’s largest real estate companies. The second round financing also included an increased capital commitment of $10 million from previous investor Austin Ventures, a premier Austin, Texas-based venture capital firm.

ANN ARBOR, MI — HarmonyCom, an innovator in broadband
service delivery software, today announced the closing of its third round of
financing. The round was led by one of the leading venture capital firms,
Draper Fisher Jurvetson- ePlanet, and includes other first time investors,
Genesis Partners and an undisclosed large customer care and billing company as a strategic investor. In addition, HarmonyCom has attracted
participation from all of its prior investors – Cisco Systems (Nasdaq:
CSCO), ComSor Investment Fund, Iscal Holdings, Ltd., Pino Venture Partners,
and Yozma Venture Capital. In the current round, Pino Venture Partners is
investing through its management company Kiwi II Ventura Servi