PE Hub Staff
SAN FRANCISCO — PRN Corp., the parent company of Premier Retail Networks, Inc. (PRN), today announced that it has closed a $35 million round of private equity funding led by The Shamrock Capital Growth Fund, L.P., GE Capital, and Allen&Company Incorporated. Proceeds from the round will be used to expand the Company’s reach within existing […]
BOSTON — Energy Investors Funds Group (EIF Group), part of Dresdner Kleinwort Capital (DrKC), and a leading private equity investor in the global energy and utilities sector, is pleased to announce its US$5 million equity investment in National Water & Power, Inc. (NWP). NWP is the leading U.S. provider of utility billing services and customer […]
PLANO, TEXAS — Santera Systems Inc., a leading provider of next-generation switching solutions for the global communications market, today announced that it has secured more than $110 million in its third round of funding. Led by Redpoint Ventures, this is one of the largest amounts raised by a private company in 2001. The company has […]
BOSTON — IntelCore Technologies, a provider of innovative specialty optical fiber and fiber-based solutions for the Photonics industry, announced today that it raised $25 million in second-round funding. This latest investment, led by Tudor Ventures Group, includes investments from Technology Venture Partners, St. Paul Venture Capital and Megunticook Management, bringing IntelCore’s total financing to $30 […]
SAN FRANCISCO, CA
RICHARDSON, TX — Spatial Wireless announced today that the company has secured $8.1 million in venture capital financing. Austin Ventures led the financing, with participation by Sequoia Capital and Genesis Campus. Spatial Wireless will use the funds to accelerate product development plans and to expand its sales and marketing staff. FREMONT, CA — Ikanos Communications […]
STOCKHOLM — International telecom specialist Jan Wiklund, formerly with Ericsson, has joined ACR Capital as a new partner. ACR Capital is the management company for the well-known Nordic venture-capital firm Slottsbacken. Slottsbacken invests in Nordic telecom, computer and media high tech companies through their two funds of 40 mEUR and 100 mEUR, respectively. Jan Wiklund’s […]
CHELMSFORD, MA — SnowShore Networks, an emerging telecommunications company dedicated to IP enhanced communications infrastructure products, today announced it has raised $20 million of second round equity funding. St. Paul Venture Capital led the financing with existing investors Charles River Ventures and Matrix Partners also participating. The capital will be used to deliver and aggressively […]
HERZLIA, ISRAEL — Celltick Technologies, Inc., a global vendor of interactive mobile broadcasting solutions, announced today that it has raised $10 million in Series B equity funding led by Jerusalem Venture Partners (JVP) and Elwin Capital Partners (ECP). The capital will help Celltick accelerate sales and marketing efforts worldwide, with a focus on European and […]