PE Hub Staff

SUNNYVALE, CA — Barcelona Design Inc., the premier supplier of mixed-signal IP for SoC (System-on-a-Chip) design, announced today that it has signed an investment agreement with Sequoia Capital and has received an investment of $11 million in its second round of equity financing. Sequoia Capital led the round joined by earlier investors Crosslink Capital and […]

CALGARY, ALBERTA — Megawheels Inc., the global leader in technology-driven, Web-to-print publishing solutions for the newspaper advertising sector, today announced that it has completed its previously announced $5 million financing. Total funds raised in this financing equal $5,015,000. Led by the U.S. venture capital group Venture Investment Management Company LLC (VIMAC) of Boston, Massachusetts, the […]

LONDON — EON Communications, a new broadband communications company, today announces that it has secured

BOSTON

NEW YORK — INVESCO Private Capital, a New York-based venture capital firm, is pleased to announce the closing of the EuroMedia Venture Fund, a $150 million strategic fund focused on early- and expansion- stage venture investments in the information technology, communications, broadband infrastructure, and global commerce industries. The Fund is part of INVESCO Private Capital’s […]

DENVER — TViFusion Inc. a new media company formed to provide outsourced services (including affiliate sales, advertising sales, technology services and distribution) to start-up and early stage digital television channels, announced today that it has secured a $10 million funding commitment from Warburg Pincus. SOUTHBOROUGH, MA — SANgate Systems today announced that it has raised […]

BOSTON — Corechange Inc., a global provider of e-access framework software, today announced that it has raised $25 million in a Series C equity financing. Founded in 1996, privately held Corechange has raised $65 million to date and plans to use the funds raised in this financing round to expand its business and accelerate its […]

BALTIMORE — Sterling Venture Partners, an early-stage venture capital fund targeting telecommunications, information technology, business services, e-commerce, education and healthcare technology, today announced that Brian Hirsch has joined the firm as a principal. Sterling managing partner Eric Becker said Hirsch would work out of the firm’s Chicago office for several months before relocating to the […]

WASHINGTON — William E. Kennard, former chairman of the Federal Communications Commission (FCC), will join The Carlyle Group, one of the leading private equity firms in the world. Kennard, who was FCC chairman from November 1997 through February 2001, will serve as a managing director of Carlyle’s global telecommunications and media investing strategy. He assumes […]

RESEARCH TRIANGLE PARK, NC — WinCom Systems Inc., an Internet infrastructure company, today announced it has secured $32.9 million in second round funding from Crosspoint Venture Partners and TPG Ventures. WinCom Systems has developed an entirely-new class of infrastructure equipment which will revolutionize the data center network and will use the funding to drive this […]