PE Hub Staff

ACTON, MA — Equipe Communications announced today a $40 million third round financing that brings the two-year-old company’s total funding to $103 million. New investor Sequoia Capital Partners led the financing round. Other new third round investors were CIENA(R) Corp. (Nasdaq: CIEN) and Silicon Valley BancVentures (Nasdaq: SIVB). Additional third round participants included first and […]

NEW YORK — DuoCash has announced the close of their Series B financing led by OCI Venture Group, an early stage strategic private equity group focusing on IT, communications and digital media industries, and the venture investment arm of OCI Group, a multi-national Asian conglomerate. NEW YORK — Dave Williams, chairman of White Williams Private […]

BOSTON — BancBoston Capital, the private equity investment arm of FleetBoston Financial (NYSE: FBF), today announced the closing of its Private Equity Portfolio Fund III, LLC (

SOUTHFIELD, MI — SupplySolution Inc., the leading provider of supply chain execution applications for manufacturing, distribution, exchange, and supplier organizations, today announced that it has raised $28.5 million in expansion financing. Previous investors led the round, including Enterprise Partners, The Sprout Group, the venture affiliate of Credit Suisse First Boston (formerly Donaldson Lufkin and Jenrette), […]

SANTA CLARA, CA — Peribit Networks, the only developer of DNA sequencing-based network optimization products today announced that Mayfield, a top tier venture capital firm, is leading a $20.5 million venture round in the company. At a time when many start-up companies are being forced to accept venture capital financing that values their companies at […]

WESTLAKE VILLAGE, CA — Nomadix, a leader in mobility solutions for wireless networks, announced today it has closed a $9 million round of financing from both existing and new investors. Current investors who participated with follow-on investments were Avtech Ventures, the Intel Communications Fund and Smart Technology Ventures. The company is pleased to announce the […]

DALLAS — Hicks, Muse, Tate & Furst Incorporated today announced that Charles W. Tate, a Partner of the firm and one of the four members of its Management Committee who played a key role in its growth, success and global expansion over the past decade, will retire from the firm as of June 30, 2002. […]

LOS ANGELES, CA — Internet Wire has announced that it has secured a $4 million financing round, which the company says will be sufficient to take it to profitability. Blue Chip Venture Company, a $600 million venture fund based in Cincinnati, Ohio, led the round, with original investors Sequoia Capital, Hummer Winblad Venture Partners, Osprey […]

SANTA MONICA, CA — Agensys, Inc. announced today that it completed a private placement financing for gross proceeds of $42.8million. JPMorgan H&Q acted as the exclusive placement agent and financialadvisor for the offering. Bear Stearns Health Innoventures (BSHI) was thelead investor, with Orbimed Advisors and Alta Partners as co-leads. Thefinancing was placed with an international […]

MALVERN, PA — City Signal Communications (CSC), delivering flexible metropolitan dark fiber networks in key Mid-Atlantic and Midwest markets of the United States, today announced that it has closed a $17 million third-round equity investment, led by MC Venture Partners and included additional investment by BB&T Capital Partners. As a result of the equity investment, […]