TextDigger, a Morgan Hill, Calif.-based semantic search startup, has raised $3.8 million in first-round funding. True Ventures led the round, and was joined by seed backers Exis Trust and CNET. VentureBeat first reported the news. www.textdigger.com
Bazaarvoice, an Austin, Texas-based provider of hosted social commerce applications, has raised $7.1 million in Series C funding. Return backers include Austin Ventures, Battery Ventures, and First Round Capital. www.bazaarvoice.com
SolFocus Inc., a Palo Alto, Calif.-based developer of solar concentrator photovoltaic systems, is raising between $60 million and $80 million in Series C funding, according to VentureWire. The company has already raised around $90 million in total VC funding, including for its European subsidiary. www.solfocus.com
Mark Collar has joined Triathlon Medical Ventures as a venture partner. He had retired last year as president of Procter & Gamble's global pharma and personal health division. PRESS RELEASE Triathlon Medical Ventures Inc., a Midwest-based venture capital firm that invests exclusively in the life sciences, today announced that Mark Collar has joined the group […]
Kosmos Energy, an oil exploration and production company focused on West Africa, has secured a $500 million equity line co-led by Warburg Pincus and The Blackstone Group. Kosmos had previously raised $300 million from the firms and company management. PRESS RELEASE Kosmos Energy announces today that the company has secured an additional $500 million […]
Digital Forensics Professionals Inc., a Tulsa, Okla.-based provider of computer investigative services, has raised $1 million from Mimosa Tree Capital Partners. PRESS RELEASE Digital Forensics Professionals Inc., one of the nation's leading providers of computer investigative services, today announced the signing of an agreement with Mimosa Tree Capital Partners, LLC that includes a $1 […]
Sciformix Corp., a Westborough, Mass.-based provider of knowledge process outsourcing services for the life sciences market, has raised $3.3 million in Series A funding. Flybridge Capital Partners led the round, with partner Chip Hazard taking a board seat. PRESS RELEASE Sciformix Corporation, a leading provider of knowledge process outsourcing (KPO) services for the life […]
Hangar Networks Inc., a New York-based provider of advertising solutions via dry cleaners and patented “EcoHangers,” has raised $10 million in Series B funding. ABS Ventures led the round, and was joined by return backers Sigma Partners and Kodiak Venture Partners. PRESS RELEASE Capitalizing on strong market traction with advertisers and strategic partners, […]
Kim Fennebresque is stepping down as non-executive chairman and board member of the Cowen Group Inc. (Nasdaq: COWN), effective July 15. He will be succeeded as non-executive chairman by John Toffolon. PRESS RELEASE The Board of Directors of Cowen Group, Inc. (COWN) today announced that Kim S. Fennebresque will step down as non-executive […]
Matt Cohler has agreed to join Benchmark Capital as a general partner this fall. He has spent the past three years with Facebook, most recently as vice president of product management. PRESS RELEASEMatt Cohler joins the firm this fall. He has extensive experience working with great entrepreneurs to build lasting consumer Internet companies, having […]