Private Equity Week Wire for Wednesday 1/10

STAMFORD, CT — zUniversity, the premier
university-branded network for higher education, announced today that it has secured $10 million in a first closing of its Series B
round of financing, led by Wheatley Partners L.P. and LJH Partners L.P. zUniversity continues to strengthen its marketing and
sales efforts with its university partner network, already the largest higher-education affinity network in the country. In addition to
announcing final investors in the round, the company plans to announce additions to its Board of Directors, including the
appointment of Vice Chairman to the company.

ANDOVER, MA — Confluent Photonics Corp., a newly
formed company developing wafer-scale integrated optical components for
telecommunications, has received $11M investment funding in a round led by InnoCal
Venture Capital with participation by Rustic Canyon Ventures, Invesco Private Capital and
CIT Venture Capital.

PETAH TIKVA, ISRAEL — Commil Ltd. announced today the completion of a $7M round of financing by a consortium of three leading Israeli VCs:
Formula Ventures, Tamir Fishman Ventures and Gemini Capital Fund Management. These investors have recognized the
enormous potential of Bluetooth wireless technology in providing indoor mobile data and telephony communications for corporate
and private users.

RIDGEWOOD, NJ — Ridgewood Capital today announced that
it led a $6 million investment in Gigabit Optics. The company develops,
designs, manufactures and markets passive and active micro optic
sub-assemblies, which are integrated to create versatile module platforms
with a wide variety of applications in the telecommunications and data
communications fields.
Led by Ridgewood, the Series A Round of funding includes equal investments
from Ridgewood and Walden International. Joerg Sperling, managing director
of Ridgewood, and Andrew Kau, general partner of Walden International have
been appointed to the board of Gigabit Optics.

BOSTON — Greylock, a leading early stage venture capital firm with more than $1 billion of active assets under management, today announced the addition of two new partners, Daniel A. Keshian and Donald A. Sullivan, to its Boston office. Dan Keshian joins Greylock as the firm’s first venture partner. Dan most recently was vice president and general manager of Cisco’s Customer Contact
Business Unit. He also was CEO of WebLine Communications, a leading Internet
communications company acquired by Cisco in 1999. Don Sullivan joins Greylock
as administrative partner, overseeing the operational and administrative
aspects of the firm. Don most recently spent three years at Wildfire
Communications as vice president and chief financial officer. Wildfire, a
former Greylock portfolio company, was acquired by Orange PLC in 2000.

LOWELL, MA — AnVil Informatics Inc., announced today that it
has completed its first round of venture capital financing with three leading venture
capital firms: Seaflower Ventures, Mason Wells Biomedical Fund, and Applied Genomic
Technology Capital Funds. This investment will be used to expand AnVil’s business
management team and technical staff as well as to accelerate the development of its
software tools and to enhance its data discovery and exploration platform. The expanded
staff and enhanced data exploration software will enable the company to meet the rapidly
growing demand for AnVil’s data mining, analysis and visualization services and software.

SANTA CLARA, CA — Xporta Inc., an industry leader
providing Global Sales Acceleration solutions, today announced that it has received $15.5
million in its second round of funding. Prism Venture Partners, which led the round, was
joined by a number of other investors, including Colman Partners; RWI Group, who led the
first round of funding; and many of Xporta’s initial investors. Xporta will utilize the funds for
sales and marketing activities targeting Fortune 500 companies that are expanding their
international sales efforts. Xporta will also continue to extend the company’s Global Sales
Acceleration platform and technology leadership.

MUNICH, BOSTON & SAN FRANCISCO — TVM Techno Venture Management, the German-U.S. venture capital firm, announced the promotion of Hans G. Schreck to Partner effective Jan 1st. Previously he was Investment Manager at TVM responsible for investments in the information & communications technologies field.

CAMPBELL, CA — iUniverse.com, provider of the
world’s leading digital publishing infrastructure technology, today announced it has
secured $21 million in venture capital financing from Warburg Pincus and that Warburg
Pincus has reserved additional capital for future investment in the company.

The investment, made by Warburg Pincus’ technology group, will support rapid expansion
of iUniverse’s digital platform, which is emerging as the key technology for providing mass
customization, personalization and print-on-demand (POD) services within the publishing
industry and beyond.

ENGLEWOOD CLIFFS, NJ — EpiCept Corp., an
emerging leader in pain management, announces the closing of a $13 million
Series C private placement led by Merlin Biosciences with other new investors,
including Gold-Zack AG and Bank Vontobel. Existing investors Techno Venture
Management, Alpinvest International BV and Kredietrust Luxembourg also
participated.

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