Akimbo, a San Mateo, Calif.-based online video technology company, has raised $8 million in fourth-round funding. Return backers include AT&T, Blueprint Ventures, Draper Fisher Jurvetson, Kleiner Perkins Caufield & Byers and Zone Ventures. The company has now raised around $56 million in total VC funding since 1999. www.akimbo.com
George Bischof has joined Meritech Capital Partners as a managing director. He had spent the past eight years as a general partner with Focus Ventures, where he focused on enterprise infrastructure, digital media and technology enabled services companies. Among his portfolio companies were Isilon Systems, EqualLogic, G-Log and Wily Technology. PRESS RELEASE Meritech […]
Vestar Capital Partners has promoted Peter Calamari to principal and Brendan Spillane to executive vice president. Calamari joined Vestar in 1999, and previously was a vice president in the firm's consumer group. Spillane joined as a vice president in 2006, and will continue to serve as corporate CFO. PRESS RELEASEVestar Capital Partners, a leading […]
Purfresh, a Livermore, Calif.-based provider of clean solutions for food and water, announced that its $25 million Series C round (announced last December) included a $5 million investment from Perella Weinberg Partners. It had not previously disclosed Perella Weinberg's participation. The round was led by Chilton Investment Co., with other backers including Chrysalix Energy, Foundation […]
SafeNet Inc., an information security company owned by Vector Capital, has agreed to acquire Ingrian Networks Inc., a Redwood City, Calif.
The U.S. Department of Energy has chosen three venture capital firms to participate in the Department's new entrepreneur-in-residence pilot program, which aims to accelerate deployment and commercialization of advanced clean energy technologies from three DOE National Laboratories into the global marketplace. The three firms are: Kleiner Perkins Caufield & Byers, ARCH Venture Partners and Foundation […]
TyRx Pharma Inc., a Monmouth Junction, N.J.-based commercializer of implantable combination drug devices, has raised $25 million.in first-round funding from Clarus Ventures and Pappas Ventures. PRESS RELEASE TyRx Pharma, Inc., a leader in the commercialization of implantable combination drug-device products, announced today that the Company has raised $25 million in a venture capital financing […]
Mascoma Corp., a Cambridge, Mass.-based provider of cellulosic biomass-to-ethanol development and production, has raised $50 million in Series C funding, according to a regulatory filing. It includes $30 million in equity, and $20 million in debt. General Catalyst Partners was joined by return backers Khosla Ventures, Atlas Venture, Flagship Ventures, Kleiner Perkins, Pinnacle Ventures […]
WideOrbit Inc., a San Francisco-based provider of sales, traffic and billing software for the global media market, has raised $14.5 million in Series C funding. Participants include Khosla Ventures, Greycroft Partners and Hearst Ventures. VentureWire says that the company already has term sheets out on a follow-on round that could net up to $50 million. […]
Microsoft has agreed to acquire YaData Ltd., an Israeli provider of online advertising solutions. No financial terms were disclosed, although press reports peg the price at between $20 million and $30 million. YaData was founded in July 2006, and has raised around $4 million in VC funding from Giza Ventures and Ofer Hi-Tech. PRESS RELEASE […]