Intacct Corp., a San Jose, Calif.-based provider of on-demand financial applications, has raised $15 million in new funding. Bessemer Venture Partners led the round, and was joined by return backers Emergence Capital, Sigma Partners and Sutter Hill Ventures. The company had previously raised $60 million, including from JK&B Capital and Hummer Winblad Venture Partners. […]
Fountain Healthcare Partners today launched as an Ireland-based spinout from Elan’s New York-based corporate venture capital group. It has EUR 75 million in committed capital for its debut fund, from limited partners like the European Investment Fund, the National Pension Reserve Fund and Enterprise Ireland. It is targeting a total of EUR 100 million. Fountain […]
Advent International has agreed to sell Bolix, a Polish provider of exterior insulation finish systems to the B2B market, to Berger Paints India Ltd. No financial terms were disclosed. PRESS RELEASE Advent International, the global private equity group, today announced that it has agreed to sell Bolix, a leading Polish provider of Exterior Insulation Finish […]
OAKLAND, California (Reuters) – The chief executive officer of the California Public Employees’ Retirement System (Calpers), the biggest U.S. pension fund, said on Monday he would retire, days after its chief investment officer said he would step down. CEO Fred Buenrostro, said in a statement late on Monday he would leave the fund, best known […]
Tudou.com, a Chinese online video sharing site, has raised $57 million in Series D funding. The capital is reported to come mostly from insiders, which include IDG Technology Venture Investment, Granite Global Ventures, General Catalyst Partners, Capital today, Jafco Asia, KTB Ventures and JAIC. Todou has now raised $85 million in total VC funding. www.todou.com
DataCore Software Corp., a Ft. Lauderdale, Fla.-based maker of storage virtualization software, has raised $30 million from Insight Venture Partners and Updata Partners. The company had previously raised around $85 million over four rounds of funding, from firms like Flagship Ventures, New Enterprise Associates, Scale Venture Partners, Intel Capital, Van Wagoner Capital Management and Vista […]
LeadPoint, a Los Angeles-based online leads exchange operator, has raised $6 million in Series E funding from Silicon Valley Bank Ventures. The company has now raised $15.5 million in total VC funding since 2004. Past backers include Redpoint Ventures. PRESS RELEASE LeadPoint (www.leadpoint.com), the world’s first and largest online leads exchange, today announced it has […]
Nuon Therapeutics Inc., a San Mateo, Calif.-based developer of drugs for treatment of autoimmune and chronic inflammatory diseases and pain, has raised $27 million in Series B funding. Frazier Healthcare Ventures and Domain Associates co-led the round, and was joined by return backers GBS Venture Partners (Australia). PRESS RELEASE Nuon Therapeutics Inc., a clinical stage […]
Local Insight Media LP, a publishing portfolio company of Welsh Carson Anderson & Stowe, has completed its acquisition of a collection of online directories from L.M. Berry & Co., a subsidiary of AT&T. No financial terms were disclosed. ORIGINAL PRESS RELEASE AT&T and Local Insight Regatta Holdings, Inc. today announced the execution of a […]
Lead Media Partners, a South Jordan, Utah-based provider of online lead generation services to the higher education market, has raised an undisclosed amount of private equity funding from Peterson Partners. PRESS RELEASE Peterson Partners, a leading Intermountain West investment firm, has made an equity investment in Lead Media Partners. Chandler Horsley, CEO of Lead Media, […]