Versata Enterprises Inc., an Austin, Texas.-based enterprise software company, has acquired Evolutionary Technologies International Inc., an Austin, Texas�based provider of data integration products. No financial terms were disclosed. EVI has raised over $28 million in VC funding since 2001, including a $6.5 million recap in 2006 from Access Venture Partners, Appian Ventures and Osprey Ventures. […]
Moblyng, a Menlo Park, Calif.-based company that allows users to “mobilize” social media content, has raised $5.7 million in first-round funding from Mohr Davidow Ventures and Deep Fork Capital. PRESS RELEASE Moblyng (www.Moblyng.com), an emerging leader in mobile social media, announced today the launch of its beta product which allows consumers to mobilize all major […]
Aster Data, a Redwood City, Calif.-based developer of clustered databases for Web analytics, has raised an undisclosed amount of VC funding. Backers include Cambrian Ventures, First Round Capital, Sequoia Capital and individual angels like Ron Conway, David Cheriton and Rajeev Motwani. www.asterdata.com
Telecom Transport Management Inc., a Seattle
Unitrends, a Columbia, S.C.-based provider of enterprise data protection software and appliances, has raised $9 million in Series C funding. Paladin Capital Group led the round, and was joined by return backers Aurora Funds, Harbert Venture Partners, and the Trelys Funds. PRESS RELEASE Unitrends, a leading provider of innovative, integrated solutions that protect […]
Gil Ha has joined Greenhill & Co. as a managing director focused on the telecom sector. He previously had been a senior managing director with Evercore Partners. PRESS RELEASE Greenhill & Co., Inc. (NYSE: GHL), a leading independent investment bank, announced today that Gil H. Ha will join the Firm as a Managing […]
Warburg Pincus has completed its $100 million PIPE with Nuance Communications Inc. (Nasdaq: NUAN). The firm purchased approximately 5.76 million Nuance shares at $17.36 per share. The transaction closed in conjunction with Nuance's acquisition of eScription, a provider of computer-aided medical transcription software. PRESS RELEASE Nuance Communications, Inc. (NASDAQ: NUAN), the world's leading supplier […]
Hatteras Venture Partners has formed a scientific advisory board. It will be chaired by Genentech co-founder Herb Boyer. PRESS RELEASE Hatteras Venture Partners announced today the establishment of its Scientific Advisory Board (SAB). The Board of internationally renowned scientists and industry experts is focused on helping Hatteras identify trends and opportunities in the […]
Canopy Ventures has closed its second fund with $100 million in capital commitments. The firm focuses on early-stage IT and life sciences opportunities in Utah. PRESS RELEASE Canopy Ventures today announced the formation of Canopy Ventures II, an early stage venture capital fund totaling $100M designed to infuse high-potential companies with the capital and […]
The Arkansas Development Finance Authority has committed $4.5 million to Petra Growth Fund II, a $150 million-targeted venture capital fund. The deal mans that Nashville-based Petra will seek investment opportunities in Arkansas-based IT and healthcare companies. PRESS RELEASE The Arkansas Development Finance Authority (ADFA) announced today that its Arkansas Institutional Fund (AIF) has committed to […]