PE Hub Staff
PRINCETON, NJ — Qusion Technologies, an optical component manufacturer aiming at monolithic integration of all optical components on a single chip, announced today that it had closed its first round of venture capital funding. The $9.25 million raised in this first round will enable Qusion to accelerate development and production of its integrated components fabricated […]
SEATTLE & MENLO PARK, CA — Mohr, Davidow Ventures (MDV), an early stage venture capital firm recognized by entrepreneurs for its formative hands-on guidance, today announced the addition of Bill Gossman as a venture partner in MDV’s Pacific Northwest office. Gossman will apply his extensive corporate and startup experience to help grow and develop MDV’s […]
SOMERSET, NJ — Dynamic Mobile Data Systems, Inc. (DMD), a leading wireless application service provider, announced today that it has raised $10 million in series B equity financing. New investor Hudson Ventures led the round, which also included new investor LibertyView Equity Partners and previous investors Argentum Capital Partners, First Analysis and individual investors. The […]
SAN FRANCISCO — Chevron Technology Ventures LLC (CTV) today announced it has launched CTV II, a $100 million capital fund to invest in early to mid-stage companies and in limited partnership funds. Investments from CTV II will center on companies developing technologies that enable interaction of physical devices and information networks. Investments will focus on […]
PASADENA, CA — Nanostream Inc., a leading technology company in the emerging field of microfluidics, today announced the completion of a series B round of financing. The round was led by Techno Venture Management (TVM) and AGTC Funds. Also participating were Shamrock Capital and series A investors. DALLAS — NetCommerce, Inc. announced that Commodore Ventures […]
BOTHELL, WASH — Optical networking components developer Lumera Corp., a subsidiary of Microvision, Inc. (Nasdaq: MVIS), announced today that it will complete a $24 million round of financing led by Cisco Systems, Inc. Lumera is developing a new generation of unique active and passive components for optical networks that are expected to deliver increased bandwidth […]
LONDON – Parc Technologies Limited, the UK-based company that develops application software for planning, optimising and managing telecommunications networks, today announced that it has received
NEEDHAM, MA — SHYM Technology Inc., provider of plug-in security and trust management solutions for critical business applications, today announced the completion of its Series C funding, which raised $17.75 million in new capital for company operations. 3i Technology Partners led the investment, with participation from previous investors Venrock Associates, North Bridge Venture Partners, and […]
SACRAMENTO, CA — The California Public Employees’ Retirement System (CalPERS) today approved a $500 million investment in California Emerging Ventures (CEV), an investment vehicle that targets venture capital investments. The pension fund also voted to increase its exposure to high yield bonds to a maximum of 10 percent of the Fund’s domestic fixed income portfolio. […]
BOULDER, CA — Walter T. G. Lee, General Partner of the Silicon Valley venture capital firm AltoTech Ventures, LLC., has been named to the Board of Directors of Pure Matrix, Inc. (www.purematrix.com), effective immediately. The appointment of Mr. Lee was announced today by Douglas W. Holbrook, Senior Vice President of Pure Matrix, Inc., a developer […]