Coolan attracts seed funding

San Mateo, California-based analytic solutions provider Coolan has secured an undisclosed amount of seed funding, the company announced in a blog post on its site. The investors were Social + Capital, North Bridge Venture Partners and Keshif Ventures. To read the post, visit here.

VC-backed Firm58 taps North Bridge’s Burgess for board

Chicago-based Firm58, a financial management software provider, has appointed Bill Burgess to its board of directors. Burgess is an operating partner at North Bridge Venture Partners. In addition to North Bridge, Firm58 is also backed by Pritzker Group Venture Capital.


Good Technology buys VC-backed Macheen

Good Technology has acquired Macheen, an Austin-based mobile cloud application service provider. No financial terms were disclosed. Macheen’s backers included GemVentures, North Bridge Venture Partners and DFJ Mercury.

San Francisco advertising startup Sharethrough nets $10 mln

According to a blog post on its site, San Francisco-based advertising startup Sharethrough has received $10 million in funding. British Sky Broadcasting led the round with participation from FLOODGATE, Elevation Partners, North Bridge Venture Partners and Silver Creek Ventures. To read more about the funding, visit here.

First read 24 Sept

peHUB First Read

This morning read all about why women VC partners are becoming few and far between, Chicago’s MEABF recruiting for a CIO and how syndication networks can work for you.


Data storage firm Nasuni racks up $10 mln

Nasuni said Monday that it has raised $10 million in financing. Investors included Flybridge Capital Partners, North Bridge Venture Partners and Sigma Partners. Based in Natick, Mass., Nasuni is a provider of data storage solutions.


VC-backed Tapjoy acquires 5Rocks

Mobile app tech firm Tapjoy has bought 5Rocks. No financial terms were disclosed. 5Rocks is a Korean provider of predictive analytics and marketing automation solutions. Tapjoy is backed by J.P. Morgan Asset Management, Rho Ventures, North Bridge Venture Partners, InterWest Partners and D.E. Shaw Ventures.


Digital business company Acquia bags $50 mln

Acquia has raised $50 million in funding. New Enterprise Associates led the round with participation from Split Rock Partners, North Bridge Venture Partners, Sigma Partners, Investor Growth Capital and Tenaya Capital. In addition to the funding, Ravi Viswanathan, general partner at NEA, has been named to Acquia’s board of directors. Headquartered in Burlington, Mass., Acquia is a digital business firm.

VC-backed Zettics names VP of monetization

Zettics has hired Adam Guy as vice president of monetization. Previously, Guy worked at Millward Brown Digital where he served as senior vice president of business development and head of mobile. Based in Concord, Mass., Zettics is a provider of actionable subscriber analytics. Its backers include North Bridge Venture Partners, Voyager Capital, Steamboat Ventures, Emergence Capital, Excelestar Ventures, DRW Trading Group and Jump Capital.


ANSYS acquires VC-backed SpaceClaim for $85 mln

ANSYS, an engineering simulation software firm, has acquired SpaceClaim Corp. for $85 million in cash. Deutsche Bank Securities was financial adviser to SpaceClaim on the transaction. Based in Concord, Mass., SpaceClaim is a 3-D modeling tool provider. SpaceClaim was backed by Kodiak Venture Partners, Borealis Ventures, Needham Capital Partners and North Bridge Venture Partners.


VC-backed Zinio acquires Audience Media

Digital newsstand company Zinio said Tuesday that it has acquired Audience Media. No financial terms were disclosed. Audience Media is a mobile app solutions provider. Zinio’s backers include Commonwealth Capital Ventures and North Bridge Venture Partners.


Cool Planet racks up $100 mln

Cool Planet Energy Systems has raised $100 million in Series D financing. The private placement was led by UBS and Goldman Sachs. North Bridge Venture Partners and Concord Energy were the lead investors. Also participating in the round were return backers BP, Energy Technology Ventures, Google Ventures and the constellation division of Exelon. Based in Camarillo, Calif., Cool Planet Energy Systems is a provider of solutions that convert non-food biomass into gasoline through mechanical and chemical processes.


Embrane raises $14 Million Series C

Embrane has raised $14 million in Series C funding, led by Cisco. The round also includes new investor Presidio Ventures and participation from existing investors Lightspeed Venture Partners, New Enterprise Associates and North Bridge Venture Partners. Embrane is a provider of application-centric network services.


Layer3 TV attracts $21 mln Series A financing

Layer3 TV has secured $21 million in Series A funding. The lead investors were North Bridge Venture Partners and Evolution Media Growth Partners, which is a joint venture between TPG Growth and Evolution Media Capital. In addition to the funding, Jamie Goldstein of North Bridge has been added to Layer3 TV’s board of directors. Based in Boston, Layer3 TV is a next generation cable provider.

PE HUB Community

Join the 12514 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget