Lightspeed Venture Partners has made three hires: David Gussarsky as managing director of Israel, after previously serving as a partner with BRM Capital; James Mi as a managing director of China, after having been director of Greater China corporate development for Google; and Andrew Moley as CFO, former CFO and interim CEO of eGreetings Network. […]
Lee Goldberg has been named a Boston-based managing director with Getzler Henrich & Associates, a middle-market corporate turnaround and restructuring firm. He previously was a founding partner of The Recovery Group, and a partner with Coopers & Lybrand. PRESS RELEASE Lee Goldberg, a recognized interim CEO and management consultant who has successfully restructured […]
The Edgewater Funds of Chicago is raising up to $750 million for its third growth equity fund, according to a regulatory filing. www.edgewaterfunds.com
Cameron Health Inc., a San Clemente, Calif.-based maker of implantable devices for treatment of cardiac disorders, has raised around $51.5 million in Series E funding, according to a regulatory filing. PTV Sciences was joined by return backers Boston Scientific, Delphi Ventures, Sorrento Ventures, Three Arch Partners and Versant Ventures. Piper Jaffray served as placement […]
RoundBox Inc., a Florham Park, N.J.-based provider of mobile broadcast software, has called down $12 million of a $20 million Series C round, according to a regulatory filing. Montagu Newhall Associates was joined by return backers Core Capital Partners, Polaris Venture Partners and RRE Ventures. The company previously raised $23 million over two rounds. […]
JazzD Markets Inc., a Brookline, Mass.-based online directory startup, has raised $8 million in Series A funding, according to a regulatory filing. Backers include Commonwealth Capital Ventures and Pilot House Ventures. The company is run by former Aberdeen Group CEO James Bedard.
i2we Inc., a Berkley, Calif.-based developer of social applications, has raised $750,000 in Series A funding led by IDG Ventures San Francisco, according to a regulatory filing. The company was founded by Karel Baloun, the first senior engineer at Facebook. www.i2we.com
TeleSphere, a Phoenix-based provider of managed telecom and Internet services, has raised $10 million in new VC funding. Greenspun Corp. was joined by return backers Rally Capital and Hawkeye Capital. PRESS RELEASE TeleSphere, a Phoenix-based managed telecommunications and network services provider, announced today it has closed on an additional $10 million of private equity […]
Meritage Pharma Inc., a San Diego-based drug development company, has raised $22.5 million in Series A funding. Backers include Domain Associates, Latterell Venture Partners and The Vertical Group. The company's initial candidate was acquired by Verus Pharmaceuticals, and is focused on treating allergic inflammation of the gastrointestinal tract. PRESS RELEASE Meritage Pharma, Inc., a privately- […]
A.C. Moore Arts & Crafts (Nasdaq: ACMR) said that executive vice president Marc Katz has resigned to “pursue a career opportunity in the private equity sector.” PRESS RELEASE A.C. Moore Arts & Crafts, Inc. (Nasdaq:ACMR) today announced the resignation of Marc Katz, anticipated to be effective June 27, 2008, as Executive Vice President and Chief […]