LED maker Illumitex shines with close of Series C

Illumitex, an Austin, Texas-based manufacturer of LEDs, announced it has concluded its C1 round of funding with $16 million. Strategic investor WP Global Partners led the round, which included existing investors New Enterprise Associates, Morgan Creek Capital, Mousse Partners, Apex Venture Partners, DMWMDW Interests, Syngenta Ventures and individual investors Jimmy Treybig and Larry Abrams. The company has now raised $76 million in total funding.


Meeting prep app Charlie inks $1.75 mln

Chicago-based meeting prep app Charlie has secured $1.75 million in seed funding. Lightbank led the round with participation from Hyde Park Venture Partners, Confluence Capital Partners and Hoovers CEO Patrick Spain in addition to Apex Venture Partners‘ Lon Chow and Armando Pauker.

Illumitex Raises $9.3M

Austin-based Illumitex Inc. has raised $9.3 million in new funding. Existing investors NEA, Morgan Creek Capital, Mousse Partners, Apex Venture Partners, DFJ Mercury and Syngenta Ventures participated in the round. The company also announced it has added Chris Hammelef as CEO. Hammelef was formerly the vice president and general manager of Hadco Group. PRESS RELEASE […]

BlueCrest Capital Backs Ifbyphone

Ifbyphone, a voice-based marketing automation platform, has secured a debt financing commitment of $2 million from industry-focused debt provider BlueCrest Capital Finance. In the past, Ifbyphone has received $18 million in funding from investors such as Illinois Innovation Accelerator Fund (I2A), Apex Venture Partners, Origin Ventures, Spring Mill Ventures, and River Cities Capital Funds. Most […]

Lattice Semiconductor Pays $62M for SiliconBlue

Publicly traded Lattice Semiconductor Corp. will pay roughly $62 million to acquire SiliconBlue Technologies, a venture-backed maker of products for the consumer handheld market. Founded in 2006 and based in Santa Clara, Calif., SiliconBlue was backed by investors including BlueRunVentures, Crosslink Capital, NEA, Apex Venture Partners, TSMC and Atlantic Bridge.

Trunk Club Wraps Up $11M Series A

Chicago-based Trunk Club has raised $11 million in Series A financing from U.S. Venture Partners, Greycroft Partners, Apex Venture Partners and Anthos Capital. The company, which is launching a clothing service for men who don’t like to shop, will use the funds to develop its technology platform, add to its team of Style Experts, and market to new customers. With the service, customers receive a selection of options handpicked for them. They keep the items they like and send back the rest with a pre-paid shipping label.

SiliconBlue Technologies Inks $18M Series D

SiliconBlue Technologies has closed on $18 million in Series D financing. Atlantic Bridge, a Dublin and London-based private equity firm, led the financing. Existing shareholders BlueRun Ventures, Crosslink Capital, NEA and Apex Venture Partners all participated in the round. Brian Long, a partner at Atlantic Bridge, will join the company’s board. SiliconBlue develops custom mobile device technology for handheld applications. The company is headquartered in Santa Clara, Calif., with offices in China, Taiwan, Korea, and Japan.

SitterCity Raises $22.6M From Baird Venture, New World, Others

SitterCity of Chicago raised $22.6 million in an expansion round led by Baird Venture Partners and New World Ventures, the venture arm of Chicago’s Pritkzer family. Also joining the financing was Apex Venture Partners, 12A and Point Judith Capital. The Web-based service matches mothers and other customers with caregivers, baby minders and pet sitters and […]

Suniva Inks $94.3M of a Planned $115M Round

U.S. solar start-up Suniva Inc., which is backed by a long line of brand-name investors including Warburg Pincus and New Enterprise Associates, has closed on $94.3 million of a proposed $115 million equity financing round, according to a filing with the Securities and Exchange Commission.

DIRTT Nabs $22M In New Funding

DIRTT Environmental Solutions Ltd., a maker of pre-manufactured interior walls, has closed on $22 million in financing led by New York-based Expansion Capital Partners. Investment firms NGEN Partners, Apex Venture Partners, Export Development Canada and North Sky Capital also contributed. As a result, Expansion general partner Diana Propper de Callejon joins DIRTT’s board.

Ifbyphone Inks $8M Series B

Ifbyphone has raised $8 million in Series B financing from Apex Venture Partners, Origin Ventures, Spring Mill Ventures, Second Century Ventures and the i2A Fund. Ifbyphone has raised $16 million in total venture funding to date. Skokie, Illinois-based Ifbyphone provides voice applications for enterprise customers.


Sittercity.com Raises $7.5 Million

Sittercity.com, a Chicago-based online care-giving network, has raised $7.5 million in new VC funding. Point Judith Capital and Apex Venture Partners co-led the round, and were joined by company management and returning angel investors.

SolFocus Raises $47.5 Million

SolFocus Inc., a Palo Alto, Calif.-based developer of solar concentrator photovoltaic systems, has raised $47.5 million in Series C funding. Apex Venture Partners led the round, and was joined by return backers like New Enterprise Associates and NGEN Partners. It had previously raised nearly $100 million. The company also announced that it has named president Mark Crowley as its new CEO.

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