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News Briefs

Alterna Capital Partners is raising $1 billion for its debut fund, according to LBO Wire. The Wilton, Conn.-based firm is managed by the Citi's former core capital asset equity investment team, and is using CP Eaton as a placement agent. www.alternacapital.com
NEW YORK (Reuters) – Online video service Veoh Networks said on Tuesday it had secured an additional $30 million in financing from investors Intel Corp, Adobe Systems Inc and influential media investor Gordon Crawford of Capital Research Global Investors. The company plans to invest the proceeds into developing new services, advertising targeting capabilities, creating localized […]
Armur Capital Management is looking to raise $500 million for its inaugural fund, according to LBO Wire. The firm will focus on transportation and tangible commercial assets, and is run by former UBS executives Mostafiz ShahMohammed (head of credit asset-backed securities) and Cecilia Park (head of transportation structured finance).
NanoHorizons Inc., a State College, Penn.-based developer of advanced nanoparticles, has raised around $6.7 million in second-round funding commitments. Backers include Penn Venture Partners, Life Sciences Greenhouse of Central Pennsylvania and individual angels. PRESS RELEASE NanoHorizons Inc. today announced that it has raised approximately $6.7 million in a second round of funding from Penn Venture […]
CrownPeak, a Los Angeles-based provider of online content management software, has raised $6 million in Series B funding. SunAmerica Ventures led the round, and was joined by return backers Sigma Partners and Altos Ventures.  PRESS RELEASE CrownPeak (www.crownpeak.com), the company defining the future of content management, today announced it has closed $6 Million in a […]
China Medicine On-Line Ltd., a Chinese provider of telemedicine services, has raised $8 million from the Infinity I-China Fund, a venture vehicle managed by Israel-based Infinity Equity.   PRESS RELEASE Infinity Equity announced today that the Infinity I-China Fund is investing $8 million in China Medicine On-Line Ltd., a telemedicine services provider in China. According […]
FTL Solar, a New York-based developer of thin-film solar cells, is raising $50 million in first-round funding. It said that it has already held a first close on an undisclosed amount, from Terra Firma Capital Group, the Josh Mailman Foundation and individual angels.   PRESS RELEASE   FTL Solar, a developer of lightweight, flexible tensile […]
IRX Therapeutics, a New York-based drug developer focused on cancer and viral diseases, has raised $25 million in Series A funding. It has now raised a total of $65 million. No investor information was disclosed, although regulatory filing list Kelso & Co. as a significant shareholder. PRESS RELEASE IRX Therapeutics, a privately-held company dedicated to the […]
Rally Software Development Corp., a Boulder, Colo.-based provider of on-demand application life cycle management solutions, has raised $16.75 million in Series C funding. Mohr Davidow Ventures led the round, and was joined by return backers Boulder Ventures, Mobius Venture Capital and Vista Ventures.   PRESS RELEASE   Rally Software Development Corp.�, the #1 partner for […]
NEW YORK (Reuters) – IntercontinentalExchange (ICE.N: Quote, Profile, Research) said on Tuesday that it would acquire Creditex Group Inc, a credit derivatives broker, for $625 million in cash and stock, giving the exchange a foothold in over-the-counter credit derivatives trading. ICE, an electronic energy marketplace and soft commodity exchange, said it expects the deal to […]
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