Pure Digital Raises $40 Million

Pure Digital Technologies Inc., a San Francisco-based maker of low-cost digital camcorders, has raised $40 million in Series F funding. AllianceBernstein and Morgan Stanley Principal Investments co-led the deal, and were joined by Heights Capital Management and return backers Benchmark Capital, Focus Ventures, Crescendo Ventures, Samsung, Sequoia Capital, Steamboat Ventures and VantagePoint Venture Partners. Pure Digital has raised over $95 million in total VC funding since its 2000 inception. www.puredigitalinc.com