NEW YORK — The Auda Group, a leading international investment advisor that specializes in alternative investments for U.S. and European institutions and high net worth investors, announced the closing of its $185 million fund-of-funds, Auda Ventures L.P. This partnership is Auda’s sixth private equity fund-of-funds and focuses on investments in top-tier venture capital funds.
Auda Ventures targets investments in venture capital funds managed by a small number of experienced and well-established private equity sponsors that focus on early- to later-stage investments in emerging growth companies. Current investment funds include Bain Capital Venture Fund, L.P.; MPM BioVentures II, L.P.; Oak Investment Partners X, L.P.; Rho Ventures IV, L.P.; Summit Ventures VI, L.P.; Technology Crossover Ventures IV, L.P.; TH Lee.Putnam Internet Partners, L.P.; Three Arch Capital, L.P.; and Tudor Ventures II L.P.
NEW YORK — Centre Partners Management LLC, a leading middle-market private equity firm, announced today the appointment of David L. Jaffe as a managing director. Mr. Jaffe, 42, was a founding member of DLJ Merchant Banking Partners, the private equity investment arm of Donaldson, Lufkin & Jenrette, Inc. He will join Centre Partners in early May.
SAN JOSE, CA & LONDON — Striva Corp., a
leader in Database to e-Integration technology, announced that Leapfrog Ventures, a
leading venture fund and strategic investment channel for PricewaterhouseCoopers
(PwC), has made a substantial equity investment in the company.
Silicon Valley Bank, the United States’ premier provider of financial products and services
to emerging technology and life sciences companies, has also joined this funding round.
REDWOOD CITY, CA — Quova, a leading provider of Internet
infrastructure intelligence services to e-businesses, today announced the completion of a $21
million round of venture financing. VeriSign (Nasdaq: VRSN), the leading provider of Internet trust
services, participated in the round along with existing investors SOFTBANK Venture Capital, IDG
Ventures, Nexus Group, Fidelity Ventures, Schoffstall Ventures and individuals.
Quova has developed patent-pending technology that maps Internet infrastructure. Quova’s
first service, GeoPoint(SM), enables online businesses to approximate the geographic
location of Internet-connected devices. GeoPoint is used in a wide variety of applications
such as e-commerce, digital rights management and authentication.